2-9-17 U.S. Congress Tries To Correct Obama Attack On State Land Use Control

To our Canadian & U.S. marketers Note from our Mid-Atlantic energy analyst guru: "...the market will not see a further meaningful increase in crude oil without some weakening of the dollar.   Also, natural gas will be hard pressed to move with conviction until the cost of capital (as indicated by the rate on the benchmark ten-year bond) rises." From our Southeast Alaska friend Denny DeWitt comes this letter requesting the Alaska Delegation to use the  Congressional Regulatory Review Act (CRA) to stop implementation of the new ROD for the Tongass Management [...]

2-8-17 The Oil Curse

The Oil Curse: Is It Real? by Dave Harbour Our critical thinking readers can review this book (below), decide, then apply their conclusions to the oil, gas and minerals policies of Alaska and Western Canada (i.e. for starters).   If I were a philosopher prince, a student of Socrates and Plato, I would have absolute power, absolute integrity, a heart of wisdom and charity; and, I would be a good manager of natural resources.   Realizing that both the production and price of resources is volatile, I would carefully husband and [...]

1-9-17 Honest Energy Folks Should Beware of Socialists

Dear Friends: Our long term readers know that this webpage was born over 15 years ago, when certain special interests sought to demonize some Alaskan and some Canadian energy interests.  One of our secondary goals has been to facilitate greater diplomacy and understanding among citizens of both countries -- in support of both separate and joint energy projects.  Hopefully, the sort of blog entry we have today will lead us ever closer to greater understanding among citizens of the two countries.  -dh   "...because that's where the [...]

12-22-16 Conquering our naïveté to save capitalism!

Killing Wealth Producing Energy To Kill Capitalism Requires Our Naïveté by Dave Harbour Courtesy: http://tinyurl.com/hjs5l85 Honest folks can be naive.  They assume the best of everyone but, ironically, treacherous ones among us require our naïveté to attack our way of life, as when the United Nations climate change Czar affirmed that the goal of environmental activism is to kill capitalism. President Obama's winning campaign slogan has been, "Change we can believe in", though the word "change" only became fully defined with systematic efforts to 1) increase constituent reliance on democrat largess [...]

12-13-16 Our Canadian Friend Reminds Us That Scrooge Was Anti-Carbon

Alert: President-elect Donald Trump will name Rep. Ryan Zinke of Montana to serve as Interior Secretary, senior transition sources tell Fox News.   More: http://www.foxnews.com/live-coverage/transition-to-trump Senator Cathy Giessel.  NGP file photo by Dave Harbour Sen. Cathy Giessel, chairs the Senate Resources Committee: "It bodes well for business," she said of Tillerson being nominated (for Secretary of State). "It bodes well for Alaska."   KTUU Two Texans who love Canadian oil offered pipeline-policy roles in Trump cabinet   Trump is right to keep an "open mind" on environmental [...]

12-12-16

Fred Carmichael, Inuvik, Northern Gas Pipelines Photo by Dave Harbour Arrested Development: For the town of Inuvik, the Mackenzie Valley pipeline was the lifeline that never came Resistance to infrastructure projects – whether they be pipelines, hydro dams, mines or wind turbines – has become commonplace in Canada. But it’s costing us. As part of a four-month investigation, the Financial Post identified as many as 35 projects, worth $129 billion, that have been stalled or cancelled due to opposition from environmental, [...]

By | December 12th, 2016|Arctic Policy, Canadian Energy Policy, Intrastate Gas|0 Comments

12-9-16 Murkowski Energy Bill Fails, Blames House; Canada’s Energy Policies Fail With Rising Global Warming Hysteria

Earlier this week, we wondered if Alaska's governor, Bill Walker was rational when, in a letter to ExxonMobil, he cautioned one of his state's major investors to subdue its Constitutional right of free speech.  Today, our Argus Media friends reminded their readers of this blundering statement: "Please do not take steps to thwart Alaska's ability to monetize our gas," Walker wrote. Argus also focused on another gas project blunder. "Alaska governor Bill Walker has told ExxonMobil that the state does not need to provide the producer fiscal certainty on the massive [...]

12-7-16 Alaska/Alberta Investment Climates Face Similar Challenges

Alaska and her Canadian provincial sister, Alberta... ... both face similar economic/political challenges.  1) Both have an overdependence on volatile petroleum income, though Alaska's dependence is greater.  2) Each has a liberal leader who understands the importance of natural reource revenue; but, some of their major constituencies actually oppose natural resource development and support higher energy taxes.  3) The Governor of Alaska and Alberta's Premier both preside over large bureaucracies whose funding has been slashed by a two-plus year energy price decline.  4) Meanwhile, energy competitors all over the world are [...]

11-25-16 Energy Bill Has Bipartisan Support From Murkowski & Cantwell

After being Petroleum News Alaska readers since its founding, we continue to be amazed at both the array and depth of its outstaning Alaska-Canadian energy content. Check out this Friday link right now for an impressive selection of important, weekend reading!  -dh   Our readers recall that on election day the Washington Times ran our Op-ed on how this generation is stealing from our children.   On Thanksgiving Day, yesterday, there was quite a lot of commotion about North Korean hostility, South Korea's leadership crisis, American military capability and Trump transition [...]

By | November 25th, 2016|Arctic Policy, Commentary|2 Comments

11-21-16 Alaska Conference Presentations Bring You State-of-Art Energy Status

Here -- for your current and future reference -- are last week's Resource Development Council for Alaska video and slide presentation archives: Wednesday, November 16th 7:00 a.m.   Registration/Check-in/Exhibits Open Eye-Opener Breakfast in Exhibit Area – Sponsored by Wells Fargo 8:00           Opening Remarks Eric Fjelstad, RDC President, Managing Partner, Perkins Coie LLP Alaska Economic Trends: 2017 Outlook Neal Fried, Economist, Alaska Department of Labor video slides Alaska Industry 2016 Year in Review and 2017 Outlook video Mining: Karen Matthias, Executive Director, Council of Alaska Producers Fisheries: Glenn Reed, President, Pacific [...]

11-7-16 The Handwriting Is On The Wall

We've Been Pointing To The Handwriting On The Wall For The Last 8 Years: Tomorrow, November 8, 2016 Is The Day of Reckoning.  -dh Today, Town Hall summarizes the links connecting Hillary Clinton, George Soros, John Podesta and the decades-long strategy to socialize the United States. Those links clearly extend to the activist enviro-political movement opposing use of wealth producing fossil fuels by the world's leaders ... while supporting transfers of wealth from those countries to the non-developed world.  That grouping, accordingly, can be depended upon to vote as [...]

10-11-16 The New President Will Bring Alaska (and America) To Energy Based Prosperity Or Poverty

We'd love to see you tomorrow night in Anchorage!  -dh Let's Keep Our Eyes On The Prize: One Presidential Candidate Will Support Reasonable Energy Policies That Build Prosperity And The Other Will Support Unreasonable, Impoverishing Energy Policies.   Dear Readers: Respectfully. It's not whether we prefer the morals of one imperfect candidate over another.  Both are flawed, as have been past presidents, as have been ourselves. One, in our opinion is more fatally flawed than the other, but setting that aside, we choose to focus on the prize. Since our [...]

10-6-16 US & Canadian Leaders Attack Fossil Fuel (Note: Both liberal policies increase consumer prices, decrease jobs, increase national debt, depress economies with no verifiable improvement in a conjured climate change narrative. -dh)

BREAKING NEWS! ConocoPhillips Alaska today announced it has signed a contract with Doyon Drilling Inc. to build a new Extended Reach Drilling (ERD) Rig. The rig will initially target development of Fiord West, a field northwest of the main Alpine pad discovered in 1996. The ERD rig represents the third new-build drilling rig ConocoPhillips has contracted for since SB21 was passed in 2013.   READ COMPLETE ANNOUNCEMENT HERE! Oil Glut? Here Comes Some More!  Good for Alaska! BY CLIFFORD KRAUSS Oil finds in Texas and Alaska come at a [...]

10-5-16 OVERHAUL ALASKA’S FISCAL POLICY! – Alaskan and Canadian Energy Players Won’t Want To Miss This Week’s FAIRBANKS Confab!

For Alaska to SurThrive (Survive and Thrive), Alaska's Fiscal Policy Needs an Overhaul! BY JOE BEEDLE AND JOE SCHIERHORN Alaska Business Monthly Joe Schierhorn (L) and Joe Beedle, ABM Photo Brexit is an abbreviation for “British exit,” referring to the June 23, 2016, referendum whereby British citizens voted to exit the European Union. We would argue that Alaska’s exit or avoidance to deal with fiscal discipline amounts to Alaska’s exit from economic and fiscal reality, a dysfunctional end to prosperity, an “AK-IT” scenario. We need legislative action to [...]