It is naive to expect the oil industry to do anything else but call for continued subsidies. It's also naive to believe the oil industry can simply pack up and leave. The cost of removing all the production equipment and facilities and 800 miles of pipeline and restoring the environment has to be in the tens of billions by now. It has been shown that roughly at today's prices, it would be economical to replace the current pipeline with a small diameter one. The oil industry isn't going anywhere. They don't need "incentivizing", if that's even a word. The pipeline owners will lower the tariffs when they're ready  to get the small independents ramped up. As for the oil and gas investors, the savvy ones know that the availability of free government money depends on political dynamics, which can be quite changeable. With the exception of a handful, I hope the Alaskan voters remove ALL incumbent legislators up for reelection. Clearly they have forgotten who their constituents are.