2-27-17 Politicians attacking taxpayers is nothing new!

Breaking GOOD news HERE:  tax settlement improves investment climate!  North Slope Borough and ExxonMobil Alaska Production Inc. Settle Pt. Thomson Tax Appeals   Wealth takers justify their appetite for tax increases by criticizing wealth producers by Dave Harbour Just last week... ...we reported on how a hostile legislator mistreated a representative of Alaska's largest group of taxpayers.  Here's another take on the politician's hostility and her bias in favor of oil tax increase advocates. Actually, that's no surprise.   History in Alaska and throughout the U.S. and Canada is [...]

2-23-17 Oil/gas Investing in a fiscally challenged state run by a government considering energy industry tax increases in a low price environment!

We always appreciate Ak-Headlamp's analysis.  Based on what you read today, we wonder if you will be buying oil stocks or selling?  You certainly wouldn't be inclined to invest large sums of your own money in a remote, Alaska North Slope pipeline/LNG project run by temporarily elected and appointed politicians and bureaucrats, would you?  You would?  Well, how about if that state were teetering on fiscal collapse and considering raising taxes on the oil industry in a low price environment?  -dh ______________________________________________________ Alaska Headlamp Commentary Yesterday, the Alaska State Senate [...]

By | February 23rd, 2017|Alaska's Fiscal Crisis, Alaskanomics, ANWR, Arctic Policy, Commentary|0 Comments

2-16-17 Teamster Leader Sets Oil Tax Advocate Straight!

BREAKING NEWS, 2:40 EDT:  TRANS CANADA REFILES FOR KEYSTONE XL ROUTE Posted By RICK BOYLES FOR THE JUNEAU EMPIRE Keeping the oil industry healthy     An observation from educator/philosopher William James came to mind as I watched Robin Brena lecture the House Resources Committee a few days ago on his version of reality. “There’s nothing so absurd that if you repeat it often enough, people will believe it,” James wrote. Well, Brena repeated the words “fair share” 40 times during his two-hour, 71-slide presentation. In Brena’s mind, “fair share” [...]

2-15-17 Should The Attorney General Be Authorized To Support Any Project It Wishes Before The Federal Energy Regulatory Commission?

Below We Have Today's Anticipated Response To The Breaking News We Provided In Our Sunday Column: "Sunday Night: The Quiet Before The Storm" (See the right-hand column for our remedy to the news of the "new" competition)  Supporters push for more consideration of Valdez LNG site Larry Persily. Northern Gas Pipelines file photo by Dave Harbour By Larry Persily lpersily@kpb.us Feb. 15, 2017   (This update, provided by the Kenai Peninsula Borough mayor’s office, is part of an ongoing effort to help keep the public informed about [...]

2-14-17 Happy Valentine’s Day!

More Gas Pipe/LNG Entrigue We noted that YESTERDAY the Alaska governor sought to increase the statutory reach of the Department of Law's Attorney General, so that he (i.e. and various attorney friends of the Administration as well, we presume), could participate in tribunals presided over by the Federal Energy Regulatory Commission (FERC). Here is the bill he submitted to the Legislature. Please review our Sunday night observation and consider that in testimony today before the Senate Finance Committee the President of the Alaska Gasline Development Corporation (AGDC) said that he was aware [...]

2-12-17 It’s Sunday night, the quiet before the storm

Greetings!    (Note: this was provided to our subscribers tonight via email alert.)   It's Sunday night, the quiet before the storm.   Tomorrow, the reality of Alaska's TWO critical issues will hit the fan harder than ever. First, comes a new LNG issue that changes everything...well, not everything; the project's still uneconomic.   We'll comment more on it next week.  We will also bet that tomorrow the governor, legislators, talking heads and mainstream and social media mavens will be gushing with opinions that are certain to accomplish at least one [...]

2-10-17 The Truth About CO2? Maybe We Should Not Tax Carbon After All? (Scroll down for more news and commentary!)

Oil tax bill causes dustup in Alaska House, No one was told to sit down and be quiet at the Alaska House on Wednesday, but rules of order were invoked and challenged during a dustup over the introduction of an oil tax credit bill. From Ak-Headlamp   A summit hosted by the Alaska Gasline Development Corporation (AGDC) is scheduled for March 1 to March 6, in an attempt to entice commercial customers to support its $45 billion Alaska LNG project. The summit is expected to cost about $200,000, though the [...]

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 [...]

2-7-17 In Spite Of Climate Change Hoax Evidence, Politicians Profit From Climate Change Politics

CLIMATE CHANGE HOAX EXPOSED AGAIN (We say, "again", because we documented it is a hoax designed to 'Kill Capitalism'!) Mail OnLine: Exposed: How world leaders were duped into investing billions over manipulated global warming data  The Mail on Sunday can reveal a landmark paper exaggerated global warming It was rushed through and timed to influence the Paris agreement on climate change America’s National Oceanic and Atmospheric Administration broke its own rules The report claimed the pause in global warming never existed, but it was based on misleading, ‘unverified’ data [...]

By | February 7th, 2017|Alaska's Fiscal Crisis, Alaskanomics, Commentary, Competition, LNG|0 Comments

2-6-17 Is Alaska Continuing To Become The Worst Investment Climate In The United States?

One could fairly ask if, "Alaska Is Continuing To Become The Worst Investment Climate In The United States".   We hope not, but the question is reasonable.  The question is reasonable because for over two decades the University of Alaska's Institute of Social and Economic Research has warned decision makers to control spending.  Over three decades ago, Common Sense for Alaska urged prudence in taxing and spending policies.  We have also documented in these pages a sad history of rapid, industry tax changes, application of punitive retroactive taxes, discriminatory industry taxes [...]

By | February 6th, 2017|Alaska's Fiscal Crisis, Alaskanomics, Commentary, Rule Of Law|0 Comments

2-3-17 Overtaxing Is As Bad As Overfishing – Also Alaska/Alberta Fiscal Crises

Overtaxing Is As Bad As Overfishing Alaska Journal of Commerce by Andrew Jensen Dating back to before statehood, Alaskans know that overfishing is a bad thing. Stopping overfishing of salmon and regaining control of the resource was in fact one of the driving forces in the effort to become a state. What we know about sustainability of our vast fisheries resources is worth applying to yet another debate over another immense asset — our oil — and the means by which that resource is taxed. Get ready for more [...]

1-30-17 The most important, least appreciated Alaska legislation of 2017?

Proposed Amendment To Improve Alaska's Constitutional Spending Limit Last Friday, Alaska state senator Mike Dunleavy filed a proposed amendment to the state's spending limit.  Below is the news release explaining the amendment.  Here is a link to the actual language of the amendment.  -dh Amendment Proposed to Strengthen Constitutional Spending Limit Alaska State Senator Mike Dunleavy. Northern Gas Pipelines file photo by Dave Harbour JUNEAU, January 28, 2017 – An amendment to Alaska’s Constitution was introduced today that would – if approved by a majority of Alaska [...]

1-26-17 Persily Tells It Like It Is

Judge orders removal of blockade against northern Alberta pipeline construction.   CBC.ca.   Métis protest construction of northern Alberta TransCanada gas pipeline ... CBC News calls to the president of the Chard Métis Society were not ...       Larry Persily, former Alaska gas pipeline federal coordinator. NGP Photo by Dave Harbour. LNG Headlines From Former Alaska Gas Pipeline Federal Coordinator, Larry Persily      Note: we hold Persily in great regard for his diligence and intellectual honesty.  No matter who employs Persily, for the [...]

1-25-17 Trump is right. Dakota trespassers are wrong.

Trump’s move on Keystone XL, Dakota Access outrages activists.  The Trump administration is pushing forward on plans for two major oil pipelines in the U.S., projects that sparked nationwide demonstrations and legal fights under .... Our comment:  Obama disapproved Keystone for enviro-politics after State Department recommended approval. So called Dakota Access "activists" include enviro-activists and are trespassing on federal land. Pipeline ROW is not on Indian land. Pipeline ROW is on private land. This is about the public interest and rule of law vs. private interests and anarchy. -dh