Notice McGuire didn`t say "we need to tap the fund to "balance the state`s budget in a healthy manner going forward", 
....instead implying this raid alone is all we need to be fiscally solvent again.   McGuire is an advocate of the "wait for higher prices" scam, which, if they ever do come, will bring little in the way of production taxes because all the old Prudhoe Bay remaining oil is now suddenly "new" oil for tax purposes under SB21, and won`t pay a dime in production taxes of that famous 35% tax rate and 4% "floor" tax base rate, neither which exist in reality.. ergo the scam about "new" and "old" oil.   And to boot we are letting them add our 3/4 billion subsidies to their side of the loss ledger as an expense! and carrying the subsidies AND "booked losses" over to every subsequent year to be used as a direct credit for when they do say they are "profitable" again.   All I know is Exxon has kept giving out it`s nice dividends while we go broke eating padded losses with SB21