In setback for oil companies, tax board raises trans-Alaska pipeline value by $3 billion

By: Max Graham, Northern Journal

Outlets: Alaska Beacon

Published: May 30, 2026

Words: 617

Last Updated: 1 month, 3 weeks ago

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Alaska and three of its municipalities could be in line for an extra $60 million in oil industry tax revenue after a new ruling in a long-running feud over the value of the trans-Alaska pipeline system.

A state appeals board this week determined the property tax value of the enormous 50-year-old pipeline system, which moves crude 800 miles from the North Slope’s oil fields to the port town of Valdez, to be $13 billion.

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