
Bert Stedman
7:38 - 8:16
"My understanding from reading some of the articles that one of the news media person got it from somebody outside the building. Unconnected to the legislature. So where that came from, I don't know, but it's circulated."
“My understanding from reading some of the articles that one of the news media person got it from somebody outside the building. Unconnected to the legislature. So where that came from, I don't know, but it's circulated.”
My understanding from reading some of the articles that one of the news media person got it from somebody outside the building. Unconnected to the legislature. So where that came from, I don't know, but it's circulated. So I think dealing with the clawback, I recognize the effort being put in by Glen Farn and the potential value that we're talking about here in hundreds and hundreds of millions, if not billions of dollars dealing with this. Project, it's significant.
The Alaska Senate added a corporate income tax on oil and gas pass-through entities like Hilcorp to the AK LNG gas-pipeline bill (HB 381), effective 2028 regardless of the project.

State economist Dan Stickel told a legislative conference committee Friday that the Senate version of HB 381 reduces the Alaska LNG export break-even price from $9.05 to $8.62 per thousand cubic feet — still above current futures market prices near $8 — prompting Rep. Justin Ruffridge to say the project simply "doesn't work."
