With the passage of a new oil tax regime in Senate Bill 21, companies in Alaska are considering new investments in the energy market. KDLG’s Chase Cavanaugh has details of one company’s forecast of this new energy economy.
ConocoPhillips recorded over $2-billion dollars in profit last year from their Alaska operations. That huge number prompted a response this week from members of the small Democratic Minority Caucus in the Alaska Senate. KDLG’s Mike Mason has the story.