This should be a warning to Alaskans and the so-called, red neck socialists who scream “It’s our oil!” Yep, it’s yours until no one wants it.
That is the reason the ACES taxes was repealed. But many still want that overbearing profit tax.
It is their oil, but it is not the only oil available. Alaska (and Brazil) should be really booming right now, like Texas and North Dakota.