Oil and the state: cementing a growing partnership
Journal Article
·
· Alaska Constr. Oil; (United States)
OSTI ID:6884477
Both the State of Alaska and the petroleum industry have profited, and should continue to do so in the future despite the current slowdown in exploration. Phillips is the only company which appears to be withdrawing just as exploration is gaining new life. Direct foreign investment from Japan and Korea may be necessary now that federal approval to ship crude to Japan is reviving interest in exploration. Political issues involve taxes and jobs, including union and non-union practices. Outside forces include OPEC-controlled oil prices because Alaska derives nearly 85% of its revenue from oil taxes and royalty. Cooperation between the state and the industry will help to ensure that both benefit from policy or legislative decisions.
- OSTI ID:
- 6884477
- Journal Information:
- Alaska Constr. Oil; (United States), Journal Name: Alaska Constr. Oil; (United States) Vol. 27:1; ISSN ACOID
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
021000 -- Petroleum-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
ALASKA
COOPERATION
EMPLOYMENT
ENERGY SOURCES
EXPLORATION
EXPORTS
FEDERAL REGION X
FOSSIL FUELS
FUELS
INDUSTRY
INSTITUTIONAL FACTORS
LABOR RELATIONS
NORTH AMERICA
PETROLEUM
PETROLEUM INDUSTRY
POLITICAL ASPECTS
TAXES
USA
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
021000 -- Petroleum-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
ALASKA
COOPERATION
EMPLOYMENT
ENERGY SOURCES
EXPLORATION
EXPORTS
FEDERAL REGION X
FOSSIL FUELS
FUELS
INDUSTRY
INSTITUTIONAL FACTORS
LABOR RELATIONS
NORTH AMERICA
PETROLEUM
PETROLEUM INDUSTRY
POLITICAL ASPECTS
TAXES
USA