Except Norwegians don’t get a yearly refund check like Alaskans.
Point being they have gotten 800 billion in the bank for their oil, Alaska 40 billion; same amount of oil produced I read somewhere. The oil industry has always bought off all the politicians in Alaska, no joke. Parnell gave oil industry 4-5 billion in tax relief promising future investment, more oil in the pipeline. Fine with me if it occurs, but I hope to see the investment. The Feds do away with all tax relief, why doesn't Oil Industry buy Obama off? I'm sure "O" has a price. Supposed to be a referendum this year reversing Parnell's tax relief. Oil better not let that come to pass; many Alaskans are cynical.
Eventually Oil Industry will get it for free or we'll have to pay them to get that dirty oil outta the ground. Eventually, our politicals will get their greedy hands on that 40 billion too; but we Alaskans will sure have a good time keeping it away from them for as long as possible. ha.