Nels, my friend

Not one Alaskan drilled,  found oil and sold it at a profit, why? 

Alaska's rules are a mess and few can get around the big oil monopoly and Saudi's attack on Producers with thier oil glut!

No one bid in the last 2015 DNR DOG Beaufort Sea Sale at 12.5 and 16.67%, millions of acres and hundreds of tracts!

So NO BIDS ON STATE OIL LEASE SALES and with these facts you want harsher terms of 50% Alaska’s Royalty share! You sound like the management of the Dept. Of Natural Resources that increased lease rentals to 1,000% to over 8,000% and Minimum bid increase 150% when oil prices dropped 70% and the DNR DOG had 100% no bids or bidders in the last state lease sale BS 2015, see DNR DOG website!

I predict with these harsh 8,000% increases the DNR DOG will have little to no bidders on the Cook Inlet Lease Sale, May 4, 2016! I don't understand the leadership of the DNR DOG increase prices when no one is buying! I think Donald Trump would have something to say to this manager!