Your type of reasoning has lead to 90% oil production decline in the Cook Inlet and soon the Trans Alaskan Pipeline shut down! 

HB 247 will devastate the state!

No one is making money in the oil  business except the majors with the state's harsh laws and complicated taxes which support the major's oil monopoly!! 

Not one Alaskan has drilled wells under these costly and unmanageable  rules and laws, why! Alaskan will not even this kiss this pig even to save the state!

The Tax Credits and Incentives was nothing more then putting Lipstick on a Pig!!