The PFD fund has 55 Billion and is only growing.  The logic that the PFD is disappearing is faulty, especially when the payout is based off of earnings.  It would take an act of government to transfer the 667 million from the PFD savings to the general fund, something that just won't happen.
The only conclusion I can come to is that Governor Walker wants to use the PFD fund for the natural gas pipeline.
I am upset at the Governor for how he has gone about the PFD payout and the natural gas pipeline.  I do believe that the natural gas pipeline is something that Alaska should pursue, but in a different fashion.  If I was allowed to invest in the pipeline, I would.  Set up a security and allow Alaskans (and others) to invest in the pipeline, by choice.