human
The state will do well to keep smaller oil companies in Alaska, it is a mistake to put all your faith in the majors! 

Stop the State's oil monopoly and stop the DNR DOG, AOGCC and DEC from bonding and pricing the smaller oil companies out of business in favor of the majors!  

With oil prices down 70% and no one bidding in last year's Beaufort Sea leases sale the DNR DOG increased the lease sale terms both Minimum bids and rentals up to 8,000%, smaller competiors need these credits and incentives until the state stops running interference for the majors and pricing the competitors out!

On may 12, 2016 I testified to the House rules committee and told the Chairman. Johnson, Rep. Olson, Rep, Tuck, Rap. Saddler and the others that these current monopoly tactics with 8,000% lease sales and rental cost increases are killing the state with NO BIDDERS on hundreds of tracts and millions of acres in the Nov, 2015 Beaufort Sea sale and the May 2016 Cook Inlet sale, but they had NO QUESTIONS!
gpt
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