The Legislature should be "fearful of scaring away investors", every oil and gas expert warned if they pass HB 247 Alaska's oil industry will feel like they got hit with a nuclear bomb! They can use the Constitutional Budget Reserve of $8 billion and save the people of Alaska from certain destruction! Good Luck! Since 1977 the state got 12.5% royalty on 19 billion barrels for free, so use 1% of that free money to give incentives and earned credits to get another 12.5% royalty on the the next 19 Billion barrels of oil for free! Drill Baby Drill!