Cannot you not look at those two statements and see how they contradict each other. ConocoPhillips is in the business to make money. They are going to put their money where they get the best return.
I left Alaska to return to Texas after ACES was put into effect. The engineering group I was leading then dwindled down to 1/3 its size in a few years. I hired people who worked for me in Alaska back down in Texas. I know first hand of the projects that were shut down when this went into effect.
It is an insane squeezing of the golden goose. Alaska has as much fiscal stability as a low-end 3rd world country. And Palin wasn't alone in pushing that mess into place.
It is ridiculously convoluted oil tax system, and not just ACES. When I see the success of straight forward plans as executed in Texas and North Dakota, I can not help but wonder why Alaska doesn't get a clue. My original point on this thread, was of all the real accomplishments of Palin, I would not lead off with the two that have significant complaint and are in the process of being changed in current Alaskan actions.
No I don't, in light of the fact that you and others have been trying to pin all of Alaska's oil problems on Palin's ACES. That's what this and other discussions on this topic around here have always been about.
I fully recognize there are some systemic problems in Alaska which need to be understood which, at least for CP, seem to be independent of a particular tax system. To try and pin this on Palin's ACES is disingenuous to the max. When you stop doing that, I'll know we're making progress on understanding the problem, at least on FR.