The Constitutional Budget Reserve fund was set aside for things like the oil price collapse like we now have! 

It was funded mostly by the oil workers of  Alaska and it should be use to honor the incentive credit payments due to the oil companies so Alaska does not further damage it's already damaged image to oil investor worldwide! 

If Alaska would change the harsh oil and gas rules that are complicated and priced to run out Alaskans and smaller competitors, I can see Alaska would be flooded with more oil and gas and lots of rich Alaskans!