Alaska is in such an oil and gas tax p0licy weak place that only severe corrections will make the changes needed to resolve this situation. New leases from this point forward with a 50% Royalty for the state should be adopted. Fixes to the tax credit oil and gas credit system should be directed to and focused on finding new oil and those credits are not paid until there is new oil going down TAPS. Alaska must fight for first place in benefits from its oil and all other natural resource development.