|
|
"A comprehensive, collaborative elections resource."
|
Alaska Gov. Institutes Hiring Freeze
|
|---|
| Parent(s) |
Container
|
| Contributor | RP |
| Last Edited | RP Aug 09, 2006 06:25pm |
| Logged |
0
|
| Category | Announcement |
| Media | TV News - Columbia Broadcasting System CBS News |
| News Date | Thursday, August 10, 2006 12:00:00 AM UTC0:0 |
| Description | Gov. Frank Murkowski instituted a state hiring freeze Wednesday because of the millions of dollars Alaska is losing in tax revenue and royalties due to the Prudhoe Bay oil field shutdown.
The governor also said he would direct the attorney general to investigate the "state's right to hold BP fully accountable for losses to the state."
Murkowski made the announcement three days after BP said it would shut down a Prudhoe Bay oil field after a small leak was found. Energy officials have said pipeline repairs are likely to take months, curtailing Alaskan production into next year.
The expected loss of 400,000 barrels per day at today's oil prices means the state is losing about $6.4 million a day in royalties and taxes, Revenue Commissioner Bill Corbus said. The state receives 89 percent of its income from oil revenue. |
| Share |
|
|
2¢
|
|
| Article | Read Full Article |
|
| Date |
Category |
Headline |
Article |
Contributor |
|
|
