Senator says Alaska is a good deal for oil producers.

ConocoPhillips recently announced profits for Alaska operations that totaled 494 million dollars for the third quarter of 2013.

Senator Bill Wielechowski,(will–uh–COW–ski)  an Anchorage Democrat, said while Alaskans ponder the upcoming referendum vote on the so–called oil wealth giveaway, the report shows that Alaska continues to be a harvesting profit center for the oil industry.

Wielechowski said ConocoPhillips may nearly 23 thousand dollars an hour in profit in Alaska He said that outpaced their profits in the lower 48, Canada and Latin America combined.