Competitive Framework for Alaska: 2012

Political climate: Large populations Jurisdictions with large populations of have generic petroleum codes and tax laws which deal with all petroleum resources. Terms are identical for all investors. Terms may be adjusted for each bid round. Often petroleum fiscal terms are relatively simple. Examples with population in millions: United States (Federal onshore and OCS) (312.1), Norway (5.0), Alberta (3.7), the United Kingdom (62.3) and Australia (22.8). 15

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