Originally Posted by Scorpion8
Originally Posted by Sitka deer
[quote=79S]The money is not coming in because idiots like Wanker have to dick with the oil taxes every time they get into office. .


Actually it'sd not Walker who has proposed endless changes to the oil tax system, but give him credit for trying to fix it. It's crazy for the State to hand-out exploration gift money (cashable credits) based on promises of production later, it's money that we don't have. And Walker's budget, if you recall, was a compromise between the two sides to try to get something, anything, agreed to and that still hasn't happened. This State has been spending money like they stole it, and that's the truth. It worked in the bonanza days, but it doesn't work now. We're a one-trick pony, and with oil prices low and staying low we can't keep spending money, building roads that we can't maintain, and sharing revenues with cities and boroughs that won't get their own fiscal houses in order.

We build roads here because we get Federal money, but they don't give us money to maintain the roads, and that's money we don't have. The other argument is we build roads to keep the economy going (i.e. keep the contractors employed). Well like any other free-market system if there are too many contractors for the available work, then some of them need to go find work elsewhere. Yea, that's harsh, but it happens in every industry. We're not socialist here, we should not be paying folks to build stuff we don't need just to give them a livelihood. When we need roads and have the money for it, we'll always be able to find a construction firm. It doesn't mean they have to have guaranteed employment for their whole lives here just to be available at that time.

You don't like paying AK-LNG to develop a gas pipeline? Well the big producers ain't doing it, because it's not in their economic interests at this time. Bakken and Marcellus shale gas is too dang cheap down south where the market is. So unless we develop it, it'll be a stranded resource for another 100 years. ConocoPhillips is closing the LNG plant in Nikiski, so that should tell you what they think of the prospects for LNG in Alaska.

Walker is trying to walk a tight-rope between the spend-spend-spend parties that hill the House and the slash-slash-slash parties in the Senate. I think he's doing the best job anyone could right now.


Every administration since the initial deals were struck in the mid-'70s has dicked with the contracts, Wanker included. None has realized the oil companies do not need the legal bills their horseshit created, FACT!

Every administration has overspent and since Sister Sarah it has gotten much worse... Wanker has been worse than the rest at a time when we seriously have to see how stupid it is, FACT!

Road building is ridiculous when done like the State has forever... Wanker is doubling down on stupid there, too, FACT!

The gas pipeline has been studied to death and every free-market analysis has said it was preposterous. Not just bad, but completely unworkable. Then the price of LNG fell through the floor. Wanker has wasted millions and is paying his cronies millions to continue the farce and he has not done what he promised when he said he would drop it if buyers were not signed on on September 1. It is well past September one and he has 17 non-binding "letters of interest" without a single contract or real prospect for one. ARCO, decades ago, showed the only real prospect for the gas was to burn it in place and transport as electrons. Their numbers stand as the best idea to date.

For one thing the producers mucked up the gas by failing to protect the field against oxygen and corrosion brought on by sulfate-reducing bacteria (SRBs) which converted sulphur in the pipe into Hydrogen Sulfide. The gas in the field is really dirty and has a very high CO2 level to boot. The carbonic acid created has added to the H2S problem, considerably., FACT!

The Nikiski plant should never have been continued and there is much history there you are obviously not familiar with if you truly believe the closing of the plant is a bad thing, FACT!

You obviously have some blind hard-on for Wanker if you truly can believe what you wrote. He has done nothing positive for the State since he won the election other than test positive for prostate cancer!

Mark Begich, Joaquin Jackson, and Heller resistance... Three huge reasons to worry about the NRA.