HB 247 is bad for you & it will cause massive unemployment in Alaska! 

Oil companies "bought" non productive oil leases from the state and explored and risked their money to make these lands productive. 

J.Frank Parnell, get's free PFD!

Oil workers took oil leases that did not produce and caused the state to get 12.5% royalty for free, in addition the state received all kinds of taxes and lots of fees! 

Since statehood the state oil workers produced 19 Billion barrels of oil and the state got 12.5% royalty for free! 

Don't lay off these workers now! They can do it again!

Saudi is attacking Alaska and other oil producing states with market manipulation. 

The oil companies need the state to use the $ 8 Billion CBR  savings to pay the budjet! 

The state of Alaska received the land for free at statehood so the oil and gas found and sold could support the people. 

The state leases this land to oil & gas companies and keeps 12.5% of what is produced at the oil companies expense!