
Dan Saddler
103:27 - 104:07
"It's long been clear that during all the fiscal analysis over the years that Alaska's property tax situation has been a major impediment to the economics of building an 800-mile steel pipeline to bring our tremendous amount of resources to market."
“It's long been clear that during all the fiscal analysis over the years that Alaska's property tax situation has been a major impediment to the economics of building an 800-mile steel pipeline to bring our tremendous amount of resources to market.”
I think The public and Alaskans need to understand that, that this is not a guarantee, but this removes an important obstacle to that. It's long been clear that during all the fiscal analysis over the years that Alaska's property tax situation has been a major impediment to the economics of building an 800-mile steel pipeline to bring our tremendous amount of resources to market. We have a couple hundred trillion cubic feet of gas, but it means nothing if we can't get it to market. So this bill adjusts our property tax system to lower it at the front end to incentivize an investment decision. The final investment decision, or FID, or FID, that will lead to all the benefits in the future that I've said that the oil pipeline brought to us.