"no one can afford to drill and profit from finding and selling oil!"
Donk you need to check the books of the three largest producers in Alaska. They are profiting handsomely, thanks.   So let`s start by using facts and not sell us baloney.  The three member slope cartel controls access to "their" water-gas treatment facilities for the largest conventional oil and gas fields on the continent.  Not the state. That is what stymies any real competition in Alaska to compete with them.  They can charge the moon to get access to the only transportation system. Subsidizing that set of facts is a fools errand and it`s about time we stopped it. For that Governor Walker and the legislature deserve credit. I never met your mother.  
Enjoy your oily retirement in Florida shilling for the industry carpetbaggers here for subsidies for nothing from Alaskans.