MR. GOVERNOR, PLEASE PUT SUSPENSION OF GAS TAX ON AGENDA
September 6, 2005
Governor Frank Murkowski
State of Alaska
P.O. Box 110001
Juneau, Alaska 99811-0001
Dear Governor Murkowski:
Your assistance is respectfully requested. The price of highway, marine and aviation gasoline has skyrocketed due to a number of factors, including loss of production from the recent hurricane caused disaster on the Gulf Coast. Consumers are being hurt every time they fill their fuel tanks. Both Alaskan families and businesses are being severely impacted.
As you know, the price of Alaska oil has climbed to all time highs, currently about $70 a barrel. As a "rule of thumb" for every $1.00 the price of a barrel of oil goes up, Alaska reaps "roughly" $65 million in added state revenue.
Because of this added revenue, during the last legislative session, we were able to fund many worthwhile projects and programs with your approval. Now, with the price of oil so high and the resultant impact to families and businesses so severe, it’s time for our state to offer some tax relief to Mr. and Mrs. Alaska. Fuel taxes imposed on Alaskans aren’t needed when our state is awash in unexpected and unparalleled income from the current high price of oil.
Therefore I request that, when you call the special legislative session for consideration of a gas pipeline contract, you include in your agenda suspension of state taxes on highway, marine and aviation gasoline for so long as the price of a barrel of Alaska oil remains above $50 a barrel for an appropriate period of time.
Respectfully,
Bob Lynn
cc: Governor Murkowski via USPS Mail, Facsimile, and Email
Alaska Legislative Colleagues
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