Good news but don't run to bank yet. Hopefully while production increases the price of oil will stabilize at a price which will return more income to the state yet not crush individual Alaskans for retail purchases of mobility and space heating fuels.  Hopefully our "leaders" will finally realize what "non-renewable resource" means and act accordingly with the income from that resource.. Hopefully our "leaders" will understand that the state cannot forever pay for services in those areas of Alaska who refuse to form local taxing authorities. Hopefully we will encourage "value added" refining and other local processing of this additional oil.   

  So don't let these legislators and the Governor off the hook because within the next  five years (projected production timeframe) will we have consumed the Constitutional Budget Reserve and will be spending the Permanent Fund Earnings Reserve (from which comes the PFD) and probably we will by paying state income and/or sales tax.