$ 60 Billion? I feel the reasons Alaska's laws are pro monopoly is that they are written by the wealthy majors to bring Alaska's oil wealth to London and Houston not to Alaskans!
It was sad in 2009 they only raised lawmakers' salaries from $24,012 to $50,000, now they want higher quality leaders so the think it is time to decrease it, why?
This seems to be the same reasoning the DNR uses for lease sales, the state offers many millions of acres but could only get bids on less than 5% and sometimes no bids so the DNR reasoned if they increase the oil & gas lease rentals 1,000 to 8,000% the DNR DOG would get more but they got no bids! They increased the Minimum bid from $10.00 to $25,00 in CI 15 and got no bids!
I feel they buy leaders, this may lead to another FBI investigation and maybe we will see more oil & gas bribes and maybe 20% of the state leader may go to jail not lust 10% like last time when VECO, Bill Allen, Vic Kohring and many more legislators were on top of Alaska CBC list.