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Governor Comments on BP-Hilcorp Transaction

April 22, 2014, Juneau, Alaska – Governor Sean Parnell today released the following statement in response to news that BP would be selling its interests in four North Slope fields to Hilcorp. “Today’s announcement means another entrepreneurial company will be working to accelerate production and find additional reserves on the North Slope,” Governor Parnell said. Full Story »

Gov. Calls for U.S. Balanced Budget Amendment

April 22, 2014, Juneau, Alaska – Governor Sean Parnell today signed legislation calling for a Balanced Budget Amendment to the United States Constitution. Specifically, House Bill 284 authorizes the state to participate in an interstate compact to amend the U.S. Constitution with a Balanced Budget Amendment via the Constitution’s Article V process. Full Story »

Legislature Passes In-State Refineries Bill

April 21, 2014, Juneau, Alaska –Governor Sean Parnell today thanked legislators for passing House Bill 287, his legislation to strengthen Alaska’s in-state refineries. In addition to extending the state’s contract to sell its royalty oil to Tesoro Refining and Marketing, LLC, HB 287 includes a tax incentives package aimed at keeping Alaska’s refining industry healthy. Full Story »

Alaska Moves One Step Closer to Gasline

April 20, 2014, Juneau, Alaska – Representing significant and historic progress on a gasline that gets Alaska’s gas to Alaskans first, the Legislature today passed Senate Bill 138 on a bipartisan basis. With the passage of this legislation, Governor Sean Parnell’s bill to advance a large-diameter Alaska natural gas pipeline project, Alaska is poised to become an owner in the Alaska LNG Project. Full Story »

Legislature Addresses Pension Liability

April 20, 2014, Juneau, Alaska – Governor Sean Parnell today thanked the Legislature for its work to address the state’s largest budget cost driver – the unfunded pension liability. Full Story »