https://www.adn.com/opinions/2016/10/01/alaska-needs-to-reclaim-its-fair-share-of-oil-revenue/

Oct. 1  2016
 Alaska needs to reclaim its fair share of oil revenue    
Author: Robin Brena 

IMHO:  12.5% severance obligation makes Alaska into a cheap whore, nobody respects you, even your kids will run away from home....
SLAM THE DOOR, and tell the whole world to go away for a year.
Then after a complete makeover & remodeling, re-emerge with a 50/50 commercial package.
The world will treat Alaska with respect.

The logistic demographic for underlying operating expenses applied to Alaska 100 years ago is now obsolete, and has been for 40 years.