Owning oil

By Eric Lidji
Published 9:07 am, November 5, 2007
Archived under Info Pipe

Taking on some of the issues surrounding the special session, Andrew Halco — former legislator and gubernatorial candidate — brings up “The Distribution of Ownership of US Oil and Natural Gas Companies,” a September 2007 study looking at the way ownership of oil companies moves from industry executives, to investment companies, to middle class families through stock, retirement accounts and other portfolios.

The New York Times Magazine ran a piece this weekend about nationalization, or the growing trend of countries taking their oil resources away from private companies. This meshes with an AP story from Steve Quinn this weekend asking whether that trend might make Alaska more attractive, even with a higher tax rate.

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