"Hence, most oil leases in Alaska pay about half the royalty rate a similar lease would run in North Dakota or Texas"  Yep, and it was a Democrat governor, William Egan's administration that laid the groundwork for 12.5 % royalties instead of 25% like Ms. Moore claims is the norm for North Dakota or Texas.  Please, let's give credit where credit is due.  Thank William Egan if you like the royalty deal and curse him if you don't. 

When it comes to "crony capitalism" don't blame the corporations, but instead blame the power that was given to politician by the folks in Alaska. When it is all said and done, it is the power that politicians have to create targeted tax polices that is the root of the "crony capitalism" problem.  This allows big and small businesses alike to buy influence from the politicians by having their reelection coffers filled by businesses wanting tax favors. Politicians are more concerned representing their reelection interest than their constituents.