Alaska Lawmaker Tells Exxon Valdez Spill Not Its Fault As State Considers Giving Oil Industry Huge Tax Cut

Alaska Lawmaker Tells Exxon Valdez Spill Not Its Fault As State Considers Giving Oil Industry Huge Tax Cut: Alaska is set to give oil companies, including ExxonMobil, a massive tax cut. The bill, which passed the Senate 11-9 and is endorsed by Republican Gov. Sean Parnell, is being debated by the House of Representatives. The plan raises the base tax rate that companies pay no matter the price of oil, and also gives [...]/p