Honestly it’s offensive to me that so many folks who live in a oil producing state are so ignorant of basic business practices. Oil business that is!
First off the stability of a reasonable tax regime and the selling of a small portion of BPs Alaska assets has absolutely nothing to do with each other!!
This is how it works folks. When talking of a relatively small field the big guys go in create infrastructure, start the process by exploring, and drilling test wells. If it’s financially reasonable to keep that asset they do! If not, they sell it off to a smaller company that is able to put the time into the project and yes make a profit! Look here all you haters, you still drive cars, you still use cosmetics, you still use plastic items! I can go on and on!! Get a freaking grip!
And all this hate and discontent as ALL Alaskans are enjoying a PFD check of $1884. And here is how the PFD works
Hillcorp is a good company! A matter of fact they are actually bringing back over half that number you people keep spouting!! Packages will be offered, to those who might be laid off..
Interesting how the Ak liberals, Dems make this a big deal. I’m thinking since when would these people even care about the welfare or job security of a oil field worker anyway!!? Oh I’ve read the ugly coming from your side.. Your hypocrisy is obvious!! Move on!