"Which brings me to a final reason not to raise oil taxes. We need compromise, and the easiest compromise is on the issue the other side cares most about." 
Wow, I sure wouldn't want this guy to be making any deals for me - Pillsbury Doughboy!
It's all about $, of course, how much the owners of the oil/gas -Alaskans get, & how much gets pilfered away by BigOil.
Robin Brena laid it out straight forward & clear, but the Leg. continues to ignore that fine Alaskan, instead they play parlor & procedural games of Dems vs Reps while the state continues to be bled of it's oil money.
The PF was never set up as a "rainy day fund", that's pure baloney, repeated so often the mouthers of that lie seem to think it may morph into fact.