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Alaska Debates Its Dependency on Oil Industry

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November 15, 2007

As the price of oil escalates, Alaskan politicians are in special session in Juneau, mired in a debate over raising the windfall profit tax on oil companies from 22 percent to 25 percent.

It's all taking place against a backdrop of lobbying scandals, with four state legislators recently indicted on corruption charges for taking money from the oil industry.

 
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