text: I remember one idea that never got traction. The idea was to pay out all the oil money yearly directly to the people. The main argument against doing that was that the State and Federal taxes would have taken maybe 50% or some fairly large percentage. But now looking back it may not have been such a bad idea. The State may have actually stayed with in a budget. And back then residents would have been receiving large checks in 1978 dollars. Maybe about as high as $12,000/ year after taxes. If it had been taken one step further and required the money to go to a retirement account until age 50 or so; younger individuals may have been a lot better off. Then individuals could have put their retirement investment to work on what ever projects they supported. What I took from this article reminded me of all the experts testifying before the legislators about SB21. Every single one was wrong. Every single one missed the possibility of $50/barrel. The assumed was actually un-assumable