Ground Truth Trekking

Oil Industry Credits

Alaska gives large cash credits to oil companies

Alaska gives large cash credits to oil companies

Only smaller (less than 50,000 barrel/day) oil companies can receive cash credits. In recent years, Alaska has reimbursed oil companies for over half of development expenses and more than 80% of exploration expenses through this credit system.

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By Bretwood HigmanErin McKittrickGround Truth Trekking

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