Taylor Bickford, Campaign Manager

Anchorage, AK – Today, Sean Parnell opened the door for upwards of $20 billion in oil tax concessions to Exxon, BP and ConocoPhillips.

Parnell’s veto of SB 305 will result in the state of Alaska subsidizing a collapsed Canadian gas market, according to Bill Walker, Republican candidate for Governor.

“This is nothing more than a desperate attempt to save AGIA at all costs,” said Walker in a statement released today.

The primary benefit of a gas pipeline to Alaskans, other than providing access to affordable energy for in-state and industrial use, is that taxes and royalties from gas sales will offset those from declining oil production.