AK is not open for business by passing any part of HB 247	new House Bill 247 represents a public policy that’s “hellbent, 24-7,” to send oil companies packing from the North Slope, as one company official, Bill Armstrong of independent Armstrong Oil and Gas, said at a hearing last month.

If the state wants to enjoy the jobs, royalty and tax from new billion barrel oil discoveries then don’t pass any part of HB 247.

If Alaskans want massive lay offs and TAPS shutting down and Alaska going broke then pass HB 247, simple.

The oil Industry has found billions of barrels of oil under the current program so why change it when oil prices are so low, one would have to be a fool to hurt the state now.

This action of killing the smaller oil and gas investors will hurt every Alaskan for years to come.

Don’t tell the world of oil and gas investors Alaska is not open for business by passing any part of HB 247