Alaskans are On the Hook


According to analysis, Gov. Sean Parnell’s plan to give oil companies a tax cut bailout will cost the state $10 billion over the next five years.

There are 710,231 Alaskans. Simply put, giving this tax cut to outside oil corporations like BP, Exxon and ConocoPhillips will cost the Alaskan family of four more than $56,000 over the next five years (or $14,079 for every man, woman and child living in this state.)

The Governor’s plan would give the oil companies Alaska’s money with no strings attached. Under this oil tax bailout, oil companies are not required to create a single Alaskan job or spend a single dollar on Alaskan exploration and development in exchange for the cash. And while $56,000 may be a big deal to your family, for the oil companies, it’s a drop in the bucket; Exxon Mobil, for example, reported $30.46 billion in pure profits this past year and recently reported earning $9.25 billion in just the last three months of 2010, its most profitable quarter since 2008.

Think “no strings attached” is the way to go? Please e-mail Gov. Parnell and give him your permission to give your share of the bailout – $14,079 – to the oil companies on your behalf.

Don’t think it’s fair to hand our money over to the oil companies, no strings attached? Send an email to Governor Parnell and your representatives in the Alaska legislature to let them know.

Governor Sean Parnell
Anchorage: 907-269-7450
Juneau: 907-465-3500

Plug your address into the “Who Represents Me?” box here to get the contact information for your Senator and Representative in Juneau.