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Romancing the oil patch

Posted: Tuesday, April 05, 2011

The governor wants tax relief for oil companies. Listening to him threaten and whine and beg for it reminds me of a steamy melodrama played out in the backseat of a flashy car parked in the dark. "Come on, baby, if you help me out here a little, I'll help you! Honey, I swear I'll 'do the right thing.' I swear it! Sugar, this car ain't movin' 'till you give me what I need so bad!"

Oil company people are pretty cool -- I've worked with them for thirty years and I love 'em. But the oil companies themselves are profit machines. Like a computer, they have no conscience. On a gargantuan level, detached from emotion, they relentlessly pick, prod and probe for profits wherever they can be found.

On the Slope, unless there is a financial incentive, they can't be counted on to "do the right thing" and drill if we simply cut taxes. Sen. Tom Wagoner's bill -- employing incentives -- is better.

Eric Treider, Soldotna



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