Alaska Gov. Sean Parnell says he doesn’t support giving tax breaks to oil and gas companies without commitments that the companies will invest — and create oil field jobs — in the state.
The comments came in his first State of the State address Wednesday.
He has proposed greater incentives for companies, including expanding tax credits for drilling and well work costs, as a way to spur additional development. He’s said the estimated hundreds of millions of dollars in additional credits are a small price to pay for the jobs and opportunities they’d create.
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