You're partially correct – but only partially. Improving the incentive program is important if we want to keep the pipeline  glow from shrinking every year but not as "loosey-goosey" as it seems to be now (of course, the more professionals we cut from the state budget sho deal with audit, revenue and taxation is, the more difficult it becomes to do a good job of this sort of review.) 
  A friend in the industry and I were talking the other day: he suggested that, rather than tax credits and incentives, the state could cooperate with industry  in building access roads from recently announced major discoveries to pipeline access. Some   Sort of cost-sharing perhaps? In this way the benefits from state incentives would not only go to owners and stockholders of the oil corporations, but also be shared by alaska workers who would be involved in access road construction. Sounded like a good idea to me!