Commonwealth North by Josh Wilson (NGP Photo). Our next meeting is today, October 21 from 12-1 at ANGDA located at 411 West 4th Avenue in the Yellow Sunshine Mall on the lower level across from the Saturday Market parking lot. Commonwealth North’s Energy Action Coalition is hearing presentations from all the major natural gas projects and comparing them against common criteria. This week’s presenter will be Harold Heinze (NPG Photo), CEO, ANGDA, who will present the Alaska Pipeline Project proposal to bring North Slope natural gas to market, specifically focusing on two options; the North Slope to Valdez option and the spur line option (Main line NS-Alberta with a spur line to Valdez).
Manhattan Institute (10/18/11) reports: For years, politicians, environmental groups, and the renewable energy lobby have been claiming that widespread use of wind energy would result in substantial reductions in carbon-dioxide emissions…This report—which relies on data published by the Energy Information Administration and the National Renewable Energy Laboratory— finds that if wind energy were to reduce carbon dioxide, the savings would be so small as to be insignificant and so expensive as to be impractical
Last night, the federal coordinator's office for an Alaska North Slope natural gas pipeline sponsored a public forum in Anchorage (and streamed live on the web) to discuss the state's options for assisting in gas line development. The panelists reviewed potential fiscal options that could help in developing an out-of-state and an in-state line, and how the state could benefit from looking at the two projects as a package.
Office of the Governor. October 17, 2011, Buffalo, New York – Governor Sean Parnell (NGP Photo) today assumed the chairmanship of the Interstate Oil and Gas Compact Commission (IOGCC). The organization represents 30 oil-and-gas-producing states. The IOGCC also has several international members, including Canadian provinces. Governor Parnell takes over from Governor Mary Fallin of Oklahoma. As chairman, Governor Parnell will set the direction for the IOGCC and provide a leading voice for domestic oil and gas production while ensuring the protection of the environment. Several other Alaska governors have served terms as chair, including Governors Steve Cowper, Tony Knowles, Frank Murkowski, and Sarah Palin (NGP file photos below). Governor Parnell delivered the keynote speech at the IOGCC’s 2011 annual meeting in Buffalo, New York. He discussed the challenges to new energy production and called upon the states to work together and help make the case that increasing energy production at home makes sense. “Many thoughtful Americans are deeply troubled at what is now almost a $15 trillion federal debt,” Governor Parnell said. “We are concerned about the future of our republic. And yet, the solution is right in front of us. We can regain our economic footing through producing more American energy. To boil it down to one simple truth: More American oil and gas production means jobs. And jobs translate into stable communities, vibrant states, and a strong nation.”
Business Week (10/14/11) reports: North Dakota will likely leapfrog California and may even overtake Alaska in the next year -- far outpacing earlier industry predictions -- to become one of the nation's three biggest oil-producing states, a government regulator said…Government and industry officials had predicted that North Dakota likely would hit the No. 2 spot within the decade but the explosion of drilling activity has accelerated the timeline.
Office of the Federal Coordinator by Jennifer Thompson. The federal coordinator’s office for an Alaska North Slope natural gas pipeline is sponsoring an Oct. 18 public forum in Anchorage (and streamed live on the web) to discuss the state’s options for assisting in gas line development. The panelists will review potential fiscal options that could help in developing an out-of-state and an in-state line, and how the state could benefit from looking at the two projects as a package. Panelists: William Garner, senior counsel at Dewey & LeBoeuf in Houston; Gregg Erickson, longtime Alaska economist; Dan Fauske, president of the state-run Alaska Gasline Development Corp.
Fairbanks News Miner by Jeff Richardson. The Greater Fairbanks Chamber of Commerce renewed its push to reform the state’s oil tax system Tuesday, hosting a panel of business leaders to discuss the looming problems behind declining North Slope production. ... “The momentum is slowing,” Northrim Bank President Joe Beedle (NGP Photo) said. “As we look at our budgets and growth for the future, we’re concerned.”
ADN by Sean Cockerham. Regulators have approved a deal for Chugach Electric Association to buy Fire Island wind power, a move that should allow Cook Inlet Region Inc. to go ahead and build a windmill farm on the island.
New York Times (10/11/11) reports: Vladimir V. Putin has shown an uncanny mastery of the politics and economics of oil. On his watch as president and prime minister, Russia ascended to the top of the global business, surpassing Saudi Arabia as the world’s largest oil producer… Yet in a series of meetings over the past two years, more or less, aides have confronted Mr. Putin with evidence that Russia’s pre-eminence in the world of oil will not last if the current imposition of exceptionally high taxes on oil companies is left in place over the next decade.
Real Clear Energy (10/10/11) reports: “The trendy belief that China is switching to renewables for its electricity generation is a myth.”
News Miner. An Alaska-based business is opening a commercial products division in Vermillion.
The Yankton Press and Dakotan reports (http://bit.ly/naRSUa) that Builders Choice Inc., of Anchorage, Alaska, will build modular units for worksite housing, hotels and apartments and office and administration facilities.
Eye on the Arctic. Delegates from eight circumpolar countries met in Whitehorse this week for aconference on Arctic search and rescue co-operation.
News Miner by Dermot Cole. The report from international oil industry analyst Pedro Van Meurs (NGP Photo) is a dense and complicated document, but that shouldn't stop our legislators and the leaders of the Parnell administration from reading it.
AOL Energy (10/10/11) reports: When it comes to superlative descriptions of oil and gas reserves, the Utica Shale may be in a class of its own…
Politico (10/7/11) reports: A prominent 2008 Barack Obama fundraiser who held a key role in the Energy Department played an active part in Solyndra's $535 million loan guarantee despite conflict of interest concerns over his wife's work at a law firm that also represented the California solar company, according to internal Obama administration emails released Friday…Steve Spinner's involvement ...
Wall Street Journal (10/10/11) reports: Santos Ltd. (STO.AU) said Monday that oil production has begun at the US$800 million Chim Sao project offshore southern Vietnam. It said the project, operated by joint venture partner Premier Oil PLC. (PMO.LN), was completed on time and under budget…