"A second provision, not written in very tight language, intends to forbid the use of increasing oil revenue at high prices above roughly $120 per barrel."

Representative Gara, the current Legislature cannot bind future legislatures.  Inflation proofing can be prudently added to future budgets.

In the long run, oil is not sustainable.  As long as we insist on having oil pay for everything, Oil will be too powerful in Juneau to recon with.  You have a once in a generation opportunity to meaningfully diversify the State's revenue steam, and a once in a generation opportunity to free future legislatures from the fear-mongering of Oil's representatives in Juneau.

Please don't let the perfect get in the way of the good.  As long as oil pays 90% of the budget, we will continue to follow our paycheck.  It is in your power to free us from that.