Parnell issuing weekly messages on oil

Published on NewsOK Modified: January 24, 2013 at 5:21 pm •  Published: January 24, 2013
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JUNEAU, Alaska (AP) — Gov. Sean Parnell plans to release weekly messages during the legislative session on increasing oil production in Alaska.

His first message was posted online Thursday.

In it, he says the declining oil production is not because Alaska is running out of oil but because Alaska is running behind the competition for investment dollars.

He laid out the tenets of his oil tax overhaul, which he sees as a simpler system aimed at encouraging new production and making Alaska more competitive.

Democrats say the plan goes too far and is dangerous for Alaska's budget. Some lawmakers either have introduced bills dealing with the tax structure, credits and competition or plan to.

Parnell's spokeswoman says the messages are part of the administration's outreach on Parnell's bill.

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Parnell's oil production message: http://1.usa.gov/14eMWYG .