Trans-Alaska Pipeline System rate. In the Fairbanks North Star Borough, for example, pipeline owners paid $9.2 million in property taxes—approximately 10 percent of all property taxes paid in the borough. The enormous amount of public revenue created by the pipeline provoked debates about what to do with the windfall. The record $900 million created by the Prudhoe Bay oil lease sale took place at a time when the entire state budget was less than $118 million, yet the entire amount created by the sale was used up by 1975. Taxes on the pipeline and oil carried by it promised to bring even more
Natural gas pipeline system in the United States operate in them. Many experts and studies show that the inferior oversight of gas pipelines have led to hundreds of pipeline accidents that have “killed 60 people and injured 230 others in the last five years,” according to the New York Times. This analysis excludes the casualty figures from the 2010 San Bruno pipeline explosion that killed 7 people and injured more than 50 others. Natural gas pipeline system in the United States The US natural gas pipeline system is a complex system of pipelines that carries natural gas nationwide and for import and export for use by millions of