Video Clips
Quoted moments from Alaska public meetings, hearings, and press conferences.
0:30
Dan Stickel
“cumulative through 2062 under our baseline assumptions, under current law we show $29.7 billion of cumulative state revenue. Under the bill introduced by the Governor, we show $22.5 billion, and under the version before the committee, we show $25. $1.1 Billion of cumulative state revenue.”House Finance, 5/21/26, 1:30pm · May 21, 2026
0:47
Dan Stickel
“we're looking at the project capital cost and the upstream gas price and how that relates to cumulative state revenues over life of project. And we— and again, this assumes that the full AK LNG project goes forward under any of these tax regimes.”House Finance, 5/21/26, 1:30pm · May 21, 2026
0:53
Andy Josephson
“when I look at slide 8, these are remarkably low numbers to me. I understand this is debt to equity, so you're talking about 30% of the cost of the project, as I understand it. And then 25% of the 30%.”House Finance, 5/21/26, 1:30pm · May 21, 2026
0:31
Dan Stickel
“we're assuming the $46.2 billion real capital cost, a 30% equity share, and 70% debt financed for the project as a whole. And then the state's share of the capital contribution would be 25% of that 30% equity contribution, plus our share of debt financing fees.”House Finance, 5/21/26, 1:30pm · May 21, 2026
0:38
Sara Hannan
“I guess I'm surprised that the LNG breakeven price under the governor's version of SB 81 only brings it down to $8.48 and What you said is the current Asian sale price is a range of 8 to 9. So it doesn't seem that even under that scenario that the governor introduced, if I'm a buyer in Asia, this, this price doesn't look that attractive.”House Finance, 5/21/26, 1:30pm · May 21, 2026
0:36
Dan Stickel
“total state revenue would be $781 million, and total local revenue would be $583 million. These are under the version 3 version of the bill in front of the committee.”House Finance, 5/21/26, 1:30pm · May 21, 2026
0:46
Dan Stickel
“the version T is a much smaller tax cut, and then that final bullet point is kind of the One of the cruxes of that is that we have carved out two of the major components and left significant benefits with the North Slope Borough and the Kenai Peninsula Borough”House Finance, 5/21/26, 1:30pm · May 21, 2026
0:26
Dan Stickel
“Under current law, we see higher state revenues with higher project capital costs because that would, we assume, increase the property tax burden. Under the bill as introduced by the Governor, higher capital costs would not have an impact on state revenues, and that's because the alternative volumetric tax basically locks in that exposure to tax for the midstream.”House Finance, 5/21/26, 1:30pm · May 21, 2026
0:34
Dan Stickel
“given our baseline assumptions of the $46.2 billion capital cost and the $1.50 per 1,000 cubic feet purchase price, we have that $9.07 break-even price under current law, the $8.48 under the governor's version of the bill, and the $8.96 per 1,000 cubic feet under the version before the committee.”House Finance, 5/21/26, 1:30pm · May 21, 2026
0:47
Dan Stickel
“In our minds, the putative $600 million in royalty and tax would become 5— if we did what we'd be allowed to do, that would become $510 million, because it would come from general fund revenue.”House Finance, 5/21/26, 1:30pm · May 21, 2026
0:47
Dan Stickel
“under the bill before the committee, we assume that the property tax would remain in place. For the gas treatment plant and for the LNG facility. Municipalities have the authority under the legislation before the committee to negotiate down that property tax or potentially replace it with a negotiated equity share.”House Finance, 5/21/26, 1:30pm · May 21, 2026
0:31
Dan Stickel
“this is really the the key slide as far as these matrices go. And this is the sensitivity analysis for the LNG breakeven price into the global market. We talked earlier that futures market prices indicate something in that $8 to $9 range. And so you can see that the project is challenged for these prices.”House Finance, 5/21/26, 1:30pm · May 21, 2026
0:15
Dan Stickel
“it's really that number, that $9.07 with some potential upside to it, that represents why a project like this may need some sort of— may need or want some sort of tax relief.”House Finance, 5/21/26, 1:30pm · May 21, 2026
0:38
Dan Stickel
“under current law, if the project were to proceed, there would be almost $30 billion of cumulative revenue over the life of project to the state. About $22.6 billion to the federal government and over $17 billion to the municipal governments.”House Finance, 5/21/26, 1:30pm · May 21, 2026
0:51
Speaker A
“Between fiscal year 2019 and fiscal year 2024, federal agencies like the Department of the Interior and the Forest Service paid an estimated $24.8 million in Equal Access to Justice Act awards, with roughly 76% of that going to environmental nonprofits instead of forest management or energy development projects. Likewise, Endangered Species Act fee-shifting payments totaled more than $20.2 million over the last 5 years.”Oversight Hearing titled “The Profit Engine Driving Environmental Nonprofits.” · May 20, 2026
0:44
Speaker A
“some courts use the "Lodestar" method, allowing nonprofit lawyers to set their own reasonable hourly rates and billable hours. These figures are usually just rubber-stamped by the courts because they spend time Because time spent by the Department of Justice contesting fee awards is added to a nonprofit group's ultimate windfall.”Oversight Hearing titled “The Profit Engine Driving Environmental Nonprofits.” · May 20, 2026
0:29
Speaker B
“The Equal Access to Justice Act, is primarily utilized by seniors and veterans.”Oversight Hearing titled “The Profit Engine Driving Environmental Nonprofits.” · May 20, 2026
0:30
Speaker A
“Secretary Tell, you, you just moved $1.4 billion out of other fund, out of other projects to the Everglades?”Hearings to examine proposed budget estimates and justification for fiscal year 2027 for the U.S. Army Corps of Engineers and the Bureau of Reclamation. · May 20, 2026
0:13
Speaker A
“I don't believe you did this alone, Mr. Secretary. I think somebody told you to do it.”Hearings to examine proposed budget estimates and justification for fiscal year 2027 for the U.S. Army Corps of Engineers and the Bureau of Reclamation. · May 20, 2026
0:17
Speaker A
“Did I understand you to say earlier that the Corps doesn't understand— doesn't know how many total projects you have?”Hearings to examine proposed budget estimates and justification for fiscal year 2027 for the U.S. Army Corps of Engineers and the Bureau of Reclamation. · May 20, 2026