In my view,  Alaska is run by the majors and the oil and gas rules & tax codes are written to complicate and price the smaller competitors and Alaskans out in favor of the major's Oil Monopoly! 

Change it so Alaskans can drill and profit and then take all credits away then watch Alaska prosper! No Alaskan has drilled and sold oil for a profit, I hope that can be changed! 

Alaska needs to rid of all the harsh and very costly oil and gas laws, like the C-Plan and harsh bonding rules used as roadblocks to keep Alaskans and others from competing with the majors and the major oil and gas markets! 
Then I believe the state can do away with these credits that hides the fact Alaska is owned by the majors!! 

Not one Alaskan or Alaskan oil and gas has been able to make a profit under the current corrupt set of laws, the credits are used by smaller oil companies to offset this until legislators make laws that enable Alaskans and other smaller oil companies to drill and sell oil for a profit!!