Thanks to Stedman!  Most of the legislature is in the pocket of oil.  500,000 barrels down the pipe daily. At $40 barrel equals $20m daily. No production tax until oil is $73 barrel. Secret tax credits (cash) paid by Alaska to smaller drillers at $825m. Free oil for the multinational corporations. The money Alaska receives is royalty oil (every eighth barrel) from the legacy (old, big) fields. Alaska sells that oil to Tesoro. ADN reports Alaska take is $690m. SB21 and all tax credits need repealed and replaced with production tax per barrel produced.  The state can not trust or match wits with oil accountants and lawyers. A production tax stops all schemes regarding "old oil vs. new oil".  If not, shut down the pipe rather than giving away Alaska's finite resource to global corporations.  The fraud has went on too long.