
Bert Stedman
66:16 - 66:36
"We have a property tax established in 1974 for 20 mils of our oil and gas. And that is a significant tax. And it hasn't been updated."
“We have a property tax established in 1974 for 20 mils of our oil and gas. And that is a significant tax. And it hasn't been updated.”
We have a property tax established in 1974 for 20 mils of our oil and gas. And that is a significant tax. And it hasn't been updated. And it particularly deals with the North Slope. We have eliminated that 20%, or excuse me, 20 mil rate.