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Steerpike Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-18-07 10:59 AM
Original message
Oil profits in Alaska
Edited on Thu Oct-18-07 11:18 AM by Steerpike1
What were the profits for all the oil companies in Alaska? I was talking with a conservative who claims that combined profits for this year are less than 5 billion. I tried looking it up and couldn't find anything. Anyone know where I can find this information?
The Alaskan legislature is going into special session to revisit oil tax structure. Of course the oil companies claim they are barely breaking even with all the taxes they have to pay. Yet I keep reading they are making record profits.
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Fredda Weinberg Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-18-07 11:03 AM
Response to Original message
1. This article tries to explain it
http://www.ktuu.com/Global/story.asp?S=7224610
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Steerpike Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-18-07 11:25 AM
Response to Reply #1
2. thanks for the information
But what are the profits this year?
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Fredda Weinberg Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-18-07 12:53 PM
Response to Reply #2
3. Won't know those 'till they're reported. This article has links
to last year's earnings and profits ... just follow for each of the oil companies

http://money.cnn.com/2006/10/24/news/companies/oil_earnings_walkup/index.htm
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