Alaska and the BP ARCO Merger

[James Love <love@cptech.org>]

Stephen Conn (akpirg@akpirg.org, 907.278.3661) is looking for help in
determining possibilities for stopping the BP Arco merger, on the
grounds that the merging parties potential control of more than 70
percent of the TAPS pipeline and North Slope Oil production will lead to
exploitation of land owners on the North Slope.  The land owners on the
North Slope are the US federal government, the State of Alaska and the
Alaska Inuit population.  

US citizens will potentially earn lower royalties and other payments
from federal lands, as will the entire population of Alaska, which
currently has a direct stake in North Slope oil production from state
lands through earnings from the Alaska Permanent fund.  (The Permanent
Fund is endowed through a share in royalty payments, and earnings from
the fund now are paid directly to Alaska citizens, about $1,700 per
person will be distributed this year).


  Jamie

-- 
James Love, Director, Consumer Project on Technology
I can be reached at love@cptech.org, by telephone 202.387.8030,
by fax at 202.234.5176. CPT web page is http://www.cptech.org