Why Alaska is Reconsidering Texas-Inspired Oil Tax Cut
![New oil production wells in Brazos County](https://webarchive.library.unt.edu/dentonfracking/20141031042801im_/http://stateimpact.npr.org/texas/files/2014/04/Brazos-Co.-028-100x100.jpg)
Alaska funds its state government largely by taxing oil production. But last year, faced with dwindling production, the legislature narrowly passed tax cuts to lessen the burden on energy companies in hopes of encouraging more drilling and generating more tax revenue. One Alaska lawmaker said they looked to the Lower 48 for inspiration. “Because we [...]