That PFD is from the sale of our oil. Not from the three member cartel of oil companies and their good nature.   If they cannot profit from the largest conventional oil basin on the North American Continent without state subsidies and unvetted and convoluted self-serving credit schemes that lend themselves greatly to NEVER being audited on time, then maybe things are better for them in Texas. 
  Last I heard was these companies make more (or lose LESS at current prices) in Alaska per invested dollar than they do anywhere else in the world. That`s certainly true for Conoco and likely for BP and Exxon. They didn`t "cause" the oil sir..  nature did, and the determination of a guy named Wally Hickel who told ARCO "If you don`t drill (on their leases knowing vast oil deposits were found) "WE WILL!   Prudhoe bay has paid for itself 75 times over or more.   They don`t need state subsidies on the largest conventional oil basin on the North American Continent.