This morning Lt. Governor Byron Mallott opened the Alaska Democratic Party convention with a feisty speech to delegates taking direct aim at the State’s oil and gas tax credits currently being debated in the state legislature.
“I’ve had the opportunity of working with Gov. Walker over these past months in Juneau dealing with Alaska’s fiscal circumstance to have the scales ripped from my eyes to see a history of accommodating large industry in order to advance their economic interests.”
“They (oil and gas tax credits) must, of course, be dealt with, otherwise next year the State of Alaska will be writing checks to the oil industry in order to pay them for the oil they produce on our behalf (loud boos from the audience).”
“But why I mention it, really, is this: in the fifty years of Alaska statehood I know of no single incentive that has been put in place to develop rural Alaska.”
You can listen to the full speech here: