If Chennault stops HB 247 then he is a genius in my book and Alaskans should praise the ground he walks on and name him as state hero! 

I hope many Legislators and the Governor wakes up and not cut any part of the budjet and use the Constitutional Budget Reserve fund to out smart Saudi Arabia!

This plan would save Alaska from this panic and HB 247 that would cut off Alaska's economic lifeblood fast! 

If the new tax HB 247 is made law no one will ever make any reasonable investment in Alaska's oil industry and the state's economy will dry up and collapse super fast!

These incentives are working and Armstrong's testimony proves this when he tells of his many successful exploration wells at Pikkia! 

The oil glut was a trick by Saudi to slow down producers like those in the U.S  and Alaska & to steal their markets! Kuwait is not slowing down because some know it is a trick! Look at oil producers are doing in the Middle East, they are buying up America's oil bankrupt companies! Save us