Billions of petroleum related investment dollars are flowing from Asia to Canada. Q.  What's wrong with Alaska? A.  It is among the most expensive operating environments in the world (i.e. labor, transportation, climate, transportation, remoteness to the markets).  It is mostly owned by the Federal government, with an Administration openly hostile to natural resource development.  Federal statutory, regulatory, leasing and taxing policies are volatile and threatening.  Alaska state petroleum taxes are the highest in the free world and unpredictable.  Alaska's government spending and income projections are unsustainable, mark of an [...]