Elizabeth Giardina, Dan Fagan Show, Talk Radio, Talk Television, Alaska, Photo by Dave HarbourWe are now headed off for an Dan Fagan Show, Talk Radio, Talk Television, Alaska, Photo by Dave Harbour, Elizabeth Giardinainterview on the Dan Fagan (NGP Photo) Radio-TV morning show with Elizabeth Giardina (NGP Photo), beginning at 7 a.m. (Anchorage Time).  Here’s another link.  Hopefully, some of our readers will listen/watch and call in.  Later today or tomorrow, we hope to include the audio of our talks with presidential candidates last week: Gingrich, Santorum and Paul.  (Did you miss our TV interview last week?  -dh

The Anchorage Tea Party last night presented a forum on the coastal management issue in Anchorage.  In the fall election, a ballot measure will let citizens vote on a ballot initiative, "An Act Establishing the Alaska Coastal Management Program."  .Glen Gray briefed the audience on the issue while Bill Jeffers presented information on HB 106, "An Act extending the termination date of the Alaska coastalmanagement program."   Sponsors note the importance of the issue relates to the fact that Alaska’s coastline is an area that exceeds the combined coastlines of all the other states (including Hawaii): 6640 miles vs. 5839 miles.   A video of the event is scheduled to appear on the Anchorage Tea Party website this week.  

Ron Paul, Alaska, Gold Standard, TARP, Federal Reserve, 1 trillion first year, Photo by Dave HarbourADN Editorial by Michael CareyMichael Carey, Anchorage Daily News, OCS, Ron Paul Editorial (NGP Photo).  "The American people are finally fed up," Paul said. But his audience didn’t seem so much fed up as excited to see a presidential candidate a few feet away who reflects their beliefs. For the moment, a 76-year-old congressman had star power, and the audience roared its approval.  "It’s your money, isn’t it?" Ron Paul (NGP Photo) likes to say. "And who knows how to spend it better, you or the government?"  Believe me, in Anchorage that’s a line that will draw a standing ovation every time, and nobody delivers it better than Ron Paul.     *       See AP story by Dan Joling, "Paul Fires Up Crowds…,"   Alaska Dispatch Story by Ben Anderson and Your Alaska Link News Video.    (Comment: in a meeting with media after the presentation, Paul refered indirectly to Alaska natural resource issues, pointing out that the federal government exercises too much regulation and that regulatory agencies could be brought under control by direction of the president.   In response to our question, he also said that those who purchase federal leases (i.e. OCS,  NPR-A, etc.) should expect more certainty and less delay.  -dh)

From the House Natural Resources Committee:  WASHINGTON, D.C., March 6, 2012 – This afternoon President Obama will hold a press conference to discuss, among other issues, rising gas prices. Here are five questions President Obama should answer regarding his Administration’s energy policy:

  1. Gas prices have doubled since you took office and the average price of gas has already surpassed $4 in some areas. Will you now support a bipartisan plan passed by the House of Representatives to increase production of our own American energy resources?
    • Last month, the House passed a bipartisan plan to expand offshore energy production, open less than three percent of ANWR for oil and natural gas production, encourage the development of 1.5 trillion barrels of oil shale in the Rocky Mountain West, and approve the Keystone XL pipeline.
    • The plan will create over 1.2 million jobs, raise over $4.3 billion in new federal revenues, help lower gasoline prices and strengthen our national and economic security.
  1. When you took office, nearly all of our offshore areas were open to American energy production and there was a plan in place to hold specific lease sales. You have since thrown out that plan, canceled lease sales and finally proposed a new plan that only allows production to occur in the Gulf of Mexico and parts of the Arctic. With gas prices rising and turmoil in the Middle East, why are you actively blocking access to American offshore energy resources?
    • The Obama Administration has released a draft offshore drilling five-year lease plan that CLOSES the majority of the OCS to new energy production through 2017.
    • There is LESS offshore acreage open for energy production now than there was when President Obama took office when nearly 100% of the OCS was open for production.
    • The Administration’s draft five-year plan prohibits offshore drilling in NEW areas and only allows lease sales to occur in areas that are already open.
    • President Obama is being misleading by saying that 75% of our offshore “resources” are open. The REAL number should be acres—of the 1.76 billion acres in the U.S. Outer Continental Shelf, only 38 million acres—or a mere 2.16%—is actually leased for energy development.
  1. What specifically has your Administration done to contribute to increased production of oil and natural gas?
    • Increases in onshore or offshore oil and natural gas production can be attributed to previous Presidents Clinton and Bush’s pro-energy policies and the significant increase in energy production on state and private lands.
    • Greenwire recently reported that “Domestic oil production may be at an all-time high nationwide, but the increase is primarily occurring on state and private lands rather than on federal land and waters, where production appears to have dropped significantly in 2011, according to the most recent government data. Production of natural gas on public lands and waters in fiscal 2011 dropped 11 percent from the previous year, according to Interior Department data. Oil production dipped nearly 14 percent. The reduction in oil production was most significant in the Gulf of Mexico, where it declined nearly 17 percent to 514 million barrels from 618 million barrels in 2010.”
    • The total onshore acreage leased under the Obama Administration in 2009 and 2010 is the lowest in over two decades, stretching back to at least 1984. Under the Obama Administration, 2010 had the LOWESTnumber of onshore leases issued since 1984.
  1. Does your newly claimed support for ‘all-of-the-above’ energy include coal?
    • Almost immediately after taking office, the Obama Administration began rewriting a recently completed coal regulation. This unnecessary action, carried out through the Office of Surface Mining Reclamation and Enforcement, proposed to dramatically alter a regulation that that took over five years of environmental analysis and careful scientific consideration to complete.
    • An analysis by contractors hired to conduct the rewrite found the new regulations could cost up to 7,000 direct coal mining jobs and cause economic harm to 22 states across the country.
    • A recent study by ENVIRON calculated that over 55,000 directing mining jobs and more than 270,000 total jobs could be at risk as a result of the implementation of this proposed regulation.
  1. Will you cave to political pressure from Congressional Democrats and once again tap the Strategic Petroleum Reserve (SPR) to respond to high gas prices?
    • Last year, President Obama sold 30 million barrels of oil from the SPR in response to the conflict in Libya and it had no lasting effect on gas prices.
    • The SPR was created for national security emergencies, major supply shut-downs, cut-offs or disasters.
    • On Monday, oil historian Daniel Yergin told Politico there was no need to tap the SPR. “There is no cause yet for President Barack Obama to tap into the Strategic Petroleum Reserve…oil historian Daniel Yergin said Monday. ‘I don’t think so,’ Yergin said. ‘I mean, there’s no shortage of oil right now.’”
    • Tapping the SPR may provide political relief for the President, but it will endanger our long-term energy security. Instead, we should be increasing production of American energy resources.
The Houston Chronicle: High Gas Prices and How Actions Matter **Op-ed by David Holt**
We hear a lot these days about high and rising gas prices and almost as much about how this is a very complex issue. This week, we offer a reminder that not everything about the price we pay for our fuel is complicated or beyond our control. Yes, oil and gas prices are influenced by many conditions outside our borders, but our own actions also matter. A lot. First, an update on the fuel price situation.
 
Legislative Gazette: Group makes economic case for fracking **CEA mentioned in article**
While the debate over hydraulic fracturing in New York continues, a report by Consumer Energy Alliance Mid-Atlantic shows economic growth in Bradford County, Pa. after drilling of Marcellus Shale began in 2008. Hydraulic fracturing, or hydrofracking, is the process of blasting a mixture of water, sand and chemicals into the ground to break up rock and release natural gas. 
 
 Alaska Republicans will be voting Tuesday on their choice for the party’s presidential nominee. Twenty-four delegates will be up for grabs in the presidential preference poll. Alaska is one of 10 states holding contests on Super Tuesday. All of the GOP’s major candidates — Mitt Romney, Rick Santorum, Ron Paul and Newt Gingrich — will be competing in the race that Romney won four years ago.
 
Washington PostWho’s to blame for high gas prices? (Op-ed)
Regarding the March 2 news article “Obama calls again for repeal of oil industry subsidies”: Why are Americans looking for someone to “blame” for high gas prices? There is no blame to be assigned. Gasoline is a global commodity, and prices rise and fall due to a number of factors: crude oil prices, refinery capacity, increasing demand and political unrest in oil-producing areas.
 
The nationwide average for gasoline prices eased Tuesday, marking the first decline after 27 straight days of increases, according to the motorist group AAA. The average price of regular unleaded gasoline fell three-tenths of a cent to just above $3.76 a gallon, AAA said.
 
Sen. David Vitter, R-La., is pushing an amendment to a transportation spending bill that would dramatically increase offshore oil and gas development. But it remains to be seen whether he’ll get a vote on his plan, which like similar proposals by House Republicans is opposed by major environmental groups.
 
There are countless factors that affect oil prices, and some of them fall outside the president’s immediate control, but to argue that an American president has zero ability to impact domestic gasoline prices is simply false. As most people know, the price of gasoline is largely determined by the price of oil. The recent increase in oil prices, and the subsequent increase in gasoline prices, is largely due to a potential disruption in the supply of Iranian oil–there has been no actual decline in international oil production.
 
Natural-gas futures settled 5.2% lower and just a few cents above 10-year lows, as fresh weather forecasts show above-normal temperatures spreading across most of the U.S. into the second half of March. Prices also were under pressure from data showing big noncommercial players, such as hedge funds, increased their net short positions in gas futures on the New York Mercantile Exchange in the week ended Feb. 28.