[thackney]

I understand the ConocoPhillips use it in their filing for more information.

I disagree it is a fair comparison for dollars spent and received in Alaska to use the price in California and Washington.

[Al B.]

I recall some posts from you not too long ago remarking about the ridiculously high prices being paid for ANS crude by West Coast refineries in 2011. At the time you were wondering whether the anomalous situation would hold. :)

At any rate, if you take CP's consolidated Alaska revenues for 2011 ($8,142K) and their taxes paid in Alaska ($2,721K), it's still only 33.4%.