10-6-17 Friday’s Much Ado About Energy … And Politics!

The Energy World Under President Trump For the energy scholars among us, this Reuters article has it all: from oil & gas to coal, Paris climate change accord, and alternative energy.  While we respect the research and statistics, we could call into question some of the journalism that leans leftward.  With that caveat, it is a piece worth maintaining in our archives and a ready reference for those of you who will be giving speeches in the near future.  We say, "near future" because the energy landscape is constantly [...]

9-8-17 Alaska’s Government Owned LNG Project: Now Is Not The Time (Nor will it ever be for a bureaucrat-directed, politically risky socialist pipeline)

Mike Navarre. Northern Gas Pipelines Photo by Dave Harbour COMMENTARY: RESPECTING THE KENAI PENINSULA BOROUGH Larry Persily, former federal coordinator of the Alaska gas line projects office, currently serves as Chief of Staff to Kenai Peninsula Borough Mayor Mike Navarre. We have always respected both of these individuals. No one has more to gain than they do from a successful Alaska LNG project that is currently designed to terminate in their Borough.  The employment, tax and general economic benefits of such a project would be enormous. But [...]

9-1-17 Governor Walker of Alaska Makes Confusing/Damaging Energy Decisions

Is Alaska's Governor pro-development...but only as long as his state government calls the shots and does the developing?   (Below we find the Governor's confusingly supportive actions.  In the right column, we find more substantive actions contributing to a loss of investor interest and a more dangerous economic climate.)  -dh Alaska Governor Bill Walker. Northern Gas Pipelines Photo by Dave Harbour Our commentary: Below, we have the appearance of a governor supporting federal energy access programs.  But then you notice such minor expressions of support for natural [...]

8-31-17 More On President’s Monument Review

Crises in Texas & Alaska (Please scroll down to PLF release below) Ryan Zinke, U.S. Department of Interior Secretary. Northern Gas Pipelines photo by Dave Harbour Commentary:  We revere the work of Pacific Legal Foundation to protect our Nation's freedoms.  We particularly appreciate its efforts to protect the vulnerable freedoms of individual American families, small companies and the energy industries. The President and his Interior Secretary Ryan Zinke have undertaken the noble task of reviewing unilateral land access and land use blockades imposed by prior administrations as [...]

8-29-17 Guest Commentary On “The Opportunity Costs of the Alaska Permanent Fund Dividend”

This article analyzing the trade-offs involved with the Alaska Permanent Fund Dividend was published in the Journal of Economics and Public Finance last week. The Opportunity Costs of the Alaska Permanent Fund Dividend by Roger Marks1* 1 Principal, Roger Marks Economics, Anchorage, Alaska * Roger Marks, E-mail: rmarks@rmeconomics.com Roger Marks, Senior Oil & Gas Economist. Northern Gas Pipelines file photo by Dave Harbou Abstract The Alaska Permanent Fund was established by the State of Alaska in 1976 to save a portion of windfall revenues resulting from the [...]

8-21-17 Alaska LNG Project Subsists On Subsidies

Alaska's Government Gas Pipeline/LNG Project Still Treads Water We fear government owned/subsidized projects -- even wasteful or uneconomic ones -- produce support industry crony capitalists who become dependent on the client and supportive of socialist government benefactors and candidates for public office.  A misplaced fear?  You be the judge. by Dave Harbour In spite of low prices and unprecedented competition in the gas/LNG industry, Alaska's government subsidized North Slope gas monetization project continues to tread water, shall we say, "gasping for air". Alaska Governor Bill Walker. Northern Gas Pipelines [...]

8-11-17 A Looming Disaster in Alaska’s Susitna Basin?

Today we provide this letter that a long time reader and natural resource expert sent us yesterday.  While the general subject revolves around forest management for maximum benefit of Alaska's people, we note that the concepts of multiple use and sustain yield apply to oil, gas and mining.  Why?  Because mining and energy do not preclude other uses of public and private lands -- and are highly regulated in any case.  Second, while forests and hunted and fished species, managed properly, are "renewable", oil, gas and mining are "newable". [...]

8-1-17 We Congratulate Fox News For Its New Alaska Map

MORNING HEADLAMP: A TALE OF TWO WALKERS – BEST OF TIMES, WORST OF TIMES (Please note that this 7:35 p.m., EST version replaces an earlier, unedited draft.  -dh) Why Fox News' Initiative To Properly Portray Alaska's Size & Location Is Important To Alaskans ... And, To All Americans Commentary by Dave Harbour Fox's improved North American map more accurately contrasts Alaska's size, position and importance relative to the Lower 48 states. 7-29-17. -dh Caribou on oil industry gravel pad. Being five feet above the mosquito infested [...]

7-26-17 We’re on the road; but here’s your COMMENTARY from Seward, Alaska….

Committee Passes Bill to Improve Transparency, Management of Federal Land Ownership Comment: Since the majority of federal land is within Alaska, the 49th state could be a major beneficiary of legislation to inventory federal land assets.  -dh WASHINGTON, D.C. - Today, the House Committee on Natural Resources passed H.R. 2199, the “Federal Land Asset Inventory Reform Act of 2017” or the “FLAIR Act.” Introduced by Rep. Kevin Cramer (R-ND), the bipartisan bill requires the Department of the Interior to create a publicly available register of federal real property to increase [...]

7-25-17 While we are away on assignment…

...there's this, from our friend, Pedro van Meurs: ECONOMIC ANALYSIS, DESIGN AND MODELLING OF PETROLEUM FISCAL SYSTEMS London, UK December 4 - 6, 2017   NEW COURSE: ECONOMIC ANALYSIS, DESIGN AND MODELLING OF PETROLEUM FISCAL SYSTEMS Pedro van Meurs (l). Northern Gas Pipelines photo with publisher (r) This is to announce that a new 3-day computer inter-active course Economic Analysis, Design and Modelling of Petroleum Fiscal Systems is scheduled to take place in London on 4-6 December 2017.   The course is developed by Van Meurs Corporation and will be held in [...]

By | 2017-07-26T06:15:08+00:00 July 25th, 2017|Alaska Taxes, Competition, You Read It Here First|0 Comments

7-17-17 Having A Competent Governor Is Critical To 1) Balancing the Budget, and 2) Attracting Investment & Jobs

7-17-17 = WHAT A LUCKY DATE TO ANNOUNCE A GUBERNATORIAL CANDIDACY -- FOR A PRO-FREE ENTERPRISE, PRO NATURAL RESOURCE DEVELOPMENT, PRO FAMILY, PRO DISCIPLINED GOVERNMENT SPENDING LEADER WITH EXTRAORDINARY SKILLS AND COURAGE! Mike Dunleavy files for governor  Suzanne Downing  July 17, 2017  Alaska News, Politics  8 Comments Senator Mike Dunleavy, Candidate for Governor of Alaska Sen. Mike Dunleavy of Wasilla filed a letter of intent with the Alaska Public Offices Commission today to run for governor. He is a Republican. Dunleavy, who represents District E, left the Republican caucus earlier this spring after breaking with [...]

6-26-17 More Detail On BP’s Global Energy Review

Continued Today From Our 6-19-17 Posting: BP’s Global Energy Review Damian Bilbao, BP Alaska Exploration, Inc., Global Energy Review 2017 Stay tuned for more on Damian Bilbao's presentations yesterday to the Anchorage Chamber of Commerce and the World Trade Center-Anchorage on BP's Statistical Review.    -dh Energy markets in transition: BP Statistical Review shows long-term shifts underway Strong oil demand and weaker supply growth rebalance oil markets; inventories continue to weigh on oil prices Energy mix shifting; rising renewable energy offsetting steep falls in coal use  Carbon [...]

6-23-17 Alaska’s Legislature Appears To Have Avoided A July 1 Government Shut-down

Today, Governor Bill Walker today issued a second supplemental proclamation of the 30th Legislature’s second special session. Governor Bill Walker. Northern Gas Pipelines file photo by Dave Harbour “I thank legislators for reaching a compromise on the operating budget to ensure government services continue after July 1,” Governor Walker said. “In doing so, they also appropriated a $1,100 permanent fund dividend (PFD) for each eligible Alaskan. Earlier today, legislators indicated in conference committee their intent to correct the state’s unsustainable oil and gas tax credit system. That’s [...]

By | 2017-06-23T14:43:02+00:00 June 23rd, 2017|Alaska Taxes, Alaska's Fiscal Crisis|0 Comments

6-22-17 “Here’s A Cigar;” or, “Close But No Cigar”

Our Take On Alaska's Current Budget Crisis, A Component Of the 49th State's Omnibus Fiscal Crisis by Dave Harbour The citizens of Alaska are sitting at the edge of their chairs, watching for the outcome of a budget battle building in their isolated capital of Juneau.  It could be decided as we write this and cigar boxes could open; or, July 1 could come and go, complete with untold tales of woe, and decision makers will undoubtedly console themselves that they did their best.  But we know that activity [...]

6-21-17 Alaska Celebrates 40 Years Of Prudhoe Bay Production – While Irresponsible House Majority Instigates Government Shut-Down

Of related interest: Down & out in AK, Commentary by Craig Medred.    Yet more trouble appears on the horizon for the already troubled business of journalism in Alaska. More on our earlier report covering BP's 2017 statistical review from our Mid-Atlantic energy analyst friend...demonstrating the 'reach' of this annual review  -dh:  "The BP Statistical Review of World Energy 2017 is now available. We made a quick link to it last night, but here it is again: http://www.bp.com/content/dam/bp/en/corporate/pdf/energy-economics/statistical-review-2017/bp-statistical-review-of-world-energy-2017-full-report.pdf  It is worth downloading, and the information is available on the website in [...]

By | 2017-06-21T11:11:14+00:00 June 21st, 2017|Alaska Taxes, Alaska's Fiscal Crisis, Commentary|0 Comments