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I've nothing against small producers, but 3-8 million dollars in the oil industry is not a large investment, and they are exactly that- a small producer.

Alaska is still a decent place for oil companies to do business...ask BP how things are going over in Russia.

Alaska has some of the highest in the nation because that’s the only real source of income the state has

Oil is certainly a dominant economic force, but the misconception is that it is the only major economic force in the state. There are many other major industries in Alaska- mining, forestry, air freighting and defense are huge here. However, oil accounts for ~85% of the state govt. revenue, and people treat it the industry like it is a never-ending ATM. There are many people who live here and 'work' as an artist/musician/professional tourist/etc, and demand numerous public services and handouts while remaining utterly clueless where money comes from, and since they don't pay income taxes, seem indifferent to how it is managed.

Again, it has become more difficult for the major producers (the ones who make up the majority of oil produced and revenue generated) to produce oil and transition to gas under her administration.

Tax something to death, eventually it dies.

I’m not saying I like the higher tax rate, I’m just saying that considering the situation, they had to do something. Murkowski’s tax plan was the result of legislators being bribed. People are in jail. The 25% WAS suggested during his admn. until someone was bought off. Of course the oil companies are going to complain and say it’s going to hurt production. They’re goal is to make as much profit as they can. Nothing wrong with that. I’m don’t think they’re “evil” but of course they’re going to argue against anything that hurts their bottom line. The new tax system isn’t as awful as “The Anchorage Times” gripes about constantly. It’s not difficult for the majors to produce here.