Not against tax credits at all, as long as they somehow (theoretically)make a benefit to the state(and the industry)in the long term outlook of things. As long as there is balance of upside reward vs downside risk, I support credits with caution. I can see how they might be a necessity. But right now the state (and the industry) is suffering  the downside. So I don't know to what extent a role the state should play in these business activities. Maybe the production tax and credit system should be eliminated altogether? Just collect royalty only and let the industry have all the risk/reward...I don't know. 

One thing is for sure, I've appreciated what oil wealth has brought for the state in the last 3 or 4 decades, and hopefully we all weather this storm and the industry stays reasonably healthy in the later years, and Alaska adapts with better diversification of revenue and economy.

These are just musings but I'm a complete outsider from the oil industry, despite what some may think.