Some claim PFDs are "spending." By that logic, so are PFDcuts. They are "spending" on tax credits for those in the Top20% (which includes most #akleg), #NonRez & #OilCos: #AlaskasSuperSocialists.

Who pays for them? Middle- & lower-income #AKfams. buff.ly/RY3SCBr

🤔 Some express concern about #WorkingAKfams as long as it's useful to support spending, but when it comes to how to pay for that spending, their REAL concern is about protecting the Top20%, #NonRez & #OilCos. #akleg buff.ly/LI6kUaB

MSM does mention the oilcos claiming record numbers on their quarterly reports... but in a WHOO, GREAT ECONOMY! way, not a "hey wait a minute" way

Local Scottish ITV news leading with panic headlines about oil job losses. More than likely, this has been whipped up to put more pressure on Burnham to make the wrong decision about Rosebank. But the plain truth is, Oilcos have point-blank refused to plan for the decline in oil supply.

Most classify tax expenditures (revenue losses from provisions that create select discounts) as indirect govt spending. If we included them in the spending swoop chart, they (90% of which go to #OilCos) would be at least the second-largest category. #akleg

And by reducing the price that oilcos can sell the gas to retail companies, while not affecting the international market price that retailers charge to their customers, it would be a profit for a gas retail company.

Would be nice to own a company like that!

Using PFDcuts to fund govt spending essentially shields the Top20%, #NonRez-fueled industries & #OilCos (the "donor class") from contributing. Until they also have an incentive to push back, Alaska's deficits, already $1.9 bn, will keep growing. #akleg bgkeithley.substack.com/p/the-friday...

It seems your narrative is pretty entrenched so I know this comment is pointless, but what evidence do you have that "Albertas...people wanted" the pipeline? (Oilcos, oil money and Carney definitely did)

And AB NDP got 44% of the vote in 2023 election. Sorry we're not perfect enough for you.

Contract law will be the last thing to go in this country. Oilcos will cover their asses, don't worry. They'll win in court and the taxpaper will lose.

US oilcos told Trump in no uncertain terms that Venezuela is uninvestable, so he had to find a return-insensitive party to do the work of getting Venezuelan oilfields running again.

Enter: Qatar.

I'm so sick of this nonsense. Over the years, successive AB gov'ts have reduced royalties from oilcos & are now blaming the feds & everyone else for our current "problems". The problem seems to be almost 60 yrs. of conservative administration.

Windfall tax on the oilcos. But it'll never happen.

I'm guessing the irony of Smith blaming Nenshi for water issues in YYC is lost on a lot of her fans. I've been in this province for decades; not one serious plan has been made to get us off this rollercoaster. All the while throwing $$$ at oilcos.

So many thoughts. The oilcos feel the tolls are too high, well buy the damn thing then. They won't, because oil is going to decrease. If you don't listen to Markham HIslop already, pls. look up his thoughtful pieces on the energy transition.

I'm not happy about it because it seems as though ordinary people will pay for the polluters. I hope there's an alternate plan in the works cuz Oilcos have made fortunes & we're stuck with the bill.

That’s my suspicion. It’s why oilcos want the government to subsidize/pay for it.

In other words, CC doesn't work & the oilcos know it. Therefore they do not want to spend their own money on the greenwashing.