Mr. Cole is correct. The Royal Family of Saud can no longer save Alaska. We now produce only a small percentage of the domestic oil production which further reduces our importance and influence.  Over all these years of oil income Alaska's elected officials never bothered to segregate our "needs" from our "wants" because they could afford both.  In fact they created a permanent standing caucus in the Legislature exactly designed to trade spending for political power. Now indeed, all hell has broken loose.   .