text: We are talking about the many failed state lease sales because of new lease sale term increases up to 8,000% when oil prices dropped 70%! 
  
  CL Harris, no oil company can make a profit in AK at these prices, why tax, use the CBR!
  
  When oil prices go back up next year then the oil producers will provide more royalty!
  
  You are talking about " others" taking the pfd and possible Alaska state income tax! The earned credits that you seem to confused with " cash subsidies" are paid for out of the oil they produce! 
  
  The point is not one Alaskan has ever drilled and produced oil at a profit, Alaskans are priced out by the state!  
  
  Look at 2 issues;
  
  (1.) Lease sale no one bid, why? If the state was so attractive why isn't anyone interested in bidding in Alaska's lease sales. Why do more harm?
  
  (2.) With all these bad laws and attitudes who do you think will drill and produce oil for you! 
  Are you or anyone you know going to risk money drilling when only one out of twenty wells are commercial!