Read this: http://www.frontiersman.com/opinions/editorials/who-owns-alaska-s-natural-resources/article_6ac2f800-4e35-11e1-8272-0019bb2963f4.html    And, read this: https://www.adn.com/commentary/article/compass-alaska-owner-state-and-needs-act-one-oil-taxes/2013/03/10/  from the article: "...we refer to Alaska as the "Owner State." The idea of Alaska, indeed all Alaskans, as the "owners" of our resources is not wishful thinking. It is rooted in federal law...  (There is a continuation of this cite in the following reply due to space limitations)