Note from Rep. Gara: Supporters Admit Oil Giveaway a “Crapshoot”; No New Production Promised From Oil Companies

A billion dollars here. A billion dollars there. Whatever.

Is that a way to craft an oil bill for this state’s future? This week one of the architects of the Senate’s oil tax bill similar to the Governor’s version followed oil company testimony stating they wouldn’t guarantee new production if the bill passed – and you just can’t make this stuff up – by saying “It’s kind of a crapshoot”. Juneau Empire, March 17, 2013.