AK HB38

Amends AS 38.05.183(e) to require the commissioner to award non-competitive sales of state royalty oil and gas to the buyer offering maximum benefits to Alaska citizens, considering cash value, economic effects, in-state consumption, refining benefits, and buyer capabilities.

Removes the "economically feasible" requirement from AS 38.06.070(b), allowing the Alaska Royalty Oil and Gas Development Advisory Board to recommend in-state refining, processing, and consumption conditions based solely on public interest.

Adds a new recommendation option requiring purchasers to first offer royalty oil or gas for sale for consumption within the state before selling outside Alaska.

Removes article references ("THE") from consideration criteria in both sections to clarify that all listed factors must be individually evaluated in royalty oil and gas sales decisions.