This is why we need transparency on oil tax credits.

Alaskans might be interested in helping small companies get started, but Alaskans sure as hell don't want to subsidize the majors.

Unfortunately, small companies like Buccaneer who got a loan from Alaska to buy a rig, failed to pay contractors, ignored public comments, drilled a dry well, took $60M in tax credits then filed bankruptcy demanding the few they paid to give some of it back.
http://www.adn.com/business-economy/energy/2016/06/28/small-alaska-firms-fighting-off-money-collectors-in-buccaneer-bankruptcy-case/

It sure seemed like they came here to game the tax credits and rip us off.

We need transparency to see what is working and who really needs tax credis.

The fact that the Republican Majority fights against this transparency should be a red flag to all.

It would like to see an article on this in the ADN:

"Sen. Gardner and Rep. Josephson Introduce Companion Bills Requiring Disclosure of Oil Tax Subsidy Information"