You only want to count part of the taxes being collected. When ConocoPhillips and BP send in their huge check from corporate headquarters, that headquarters is not in Alaska.
Million acre parks don’t generate money, they take money.
Open the land for productive use, limit the federal ownership to something more reasonable than nearly 2/3 the entire state.
According to the Alaska Dept. of Revenue the state received an estimated $12.1 Billion in oil production revenue in FY 2008.
http://www.dor.alaska.gov/2011%20OG%20Tax%20Report%201-18-2011%20on%20Letterhead.pdf
That's right - $12.1 BILLION for a state with a population of under 700,000.
And, they still functioned as a welfare state, receiving $1.84 from the rest of us for every $1.00 of federal tax collected within the state.
How hard do you think it is to have a clean balance sheet with those numbers?