To that crowd you name, the oil giveaway was the first phase of the mission (accomplished) and phase two is moving on the gutting the PFD, imposing income taxes AND defunding public educational institutions. The propaganda campaign for phase two was planned when they rammed SB21 through a compliant legislature which not only did NO modeling of how oil taxes were affected at all prices, they vigorously suppressed any valid discussion of issues or dissent. 

This is all part of the plan to impose  an ideologically pure government experiment on Alaska's weak and corrupt government. They purposely chose to forefeit billions of dollars in revenue because that allows for the introduction of an extremist social "conservative" agenda. It's an added bonus for the wealthiest oil companies can now boost profits on the backs of a few hundred thousand people.

The hastening of Alaska's demise with these cash oil tax credits is not a bug, it's a feature for the "prosperity" Rasmuson, GCI crowd.