You are correct Richard.  Oil companies live in the real world.  The State of Alaska, and those that work for the state (especially brainwashed union members), live in a fantasy world.  Oil companies operate with their own money.  The state operates on other peoples' money (oil revenues and soon peoples' PFD and taxes).  Alaskans will will continue to ride the oil company blame-train, and the State will never grasp fiscal reality, until Alaska is bankrupt.  That's the way it works in Alaska, because Alaskans are idiots.