Important hearing before House Resources yesterday. Oil industry presentations on the outlook for the industry and the potential impact of HB 110, the Governor’s proposed revisions to ACES.
The presentations are good and worth taking the time to review.
The slide-deck presentations are at: House Resources Committee – Presentations and Background Information — 27th AK Legislature House Majority. Page down to the materials listed for the “February 16, 2011 Meeting.”
If you want to see the full meeting, go to Gavel to Gavel at Gavel to Gavel: House Resources Committee Meeting February 16, 2011.
The important take away from the presentations is that HB 110 is a start toward returning Alaska to investment. My view, however, continues to be that it is not the end game. See Alaska’s Future: Sen. McGuire’s proposed competitiveness review is important, Alaska Dispatch, Feb. 10, 2011.
Thoughts on Alaska Oil & Gas 