This week is the anniversary of Governor Jay Hammond's (NGP Photo) historic, non-partisan news conference in 1981 which produced a 'fair share' oil and gas tax plan.  It was a roughly one-third split of Prudhoe Bay's economic rent (i.e. royalty, severance tax, property tax, state and federal income tax) among the Federal Government (36%), Producers (34%) and State Government (30%).  The legislation made the oil income tax non-discriminatory, increased the severance tax and repealed the personal income tax on citizens--among other things.  While listeners will identify no love lost for [...]