10-13-17 Unhappy Case Histories: Canadians and Americans Can Learn From Each Other

Representative Rob Bishop, courtesy Civil Services. Yesterday, President Donald Trump announced the nomination of Kathleen Hartnett White to chair the Council on Environmental Quality (CEQ). Chairman Rob Bishop released the following statement: “Kathleen Hartnett White is a great choice to help the administration realign priorities at CEQ. Over the past eight years, this executive office has attempted to use the National Environmental Policy Act as a tool to stonewall any project with a federal nexus. I look forward to working with her on a long overdue streamlining of [...]

10-5-17

Thought of the day: "Alaska's government-sponsored LNG project need not contend (directly) with Panama Canal issues.  But Alaska faces similar project risks.  Do Alaskan citizens want their government's 'go it alone LNG project' to be subject to enormous project risks?  Do Alaskans want, as their government LNG project proposes, to commit 25% cash/royalty gas equity to a risky, $40-60 billion venture?  Is the risk worth the reward?  Do citizens even know how much the reward will be?"  -dh Gulf of Mexico LNG Shippers Have a $45000-a-Day Problem, Oil & Gas [...]

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 [...]

6-2-17 Yesterday: a good decision for America

Wednesday Interior Secretary Zinke created a historic milepost for Alaska Interior Secretary Ryan Zinke. File photo by Dave Harbour, Northern Gas Pipelines ; yesterday, we saw the president place an equally historical achievement on the world stage Commentary by Dave Harbour Wednesday's action by new Interior Secretary Zinke to unwind harmful Alaska energy policies and signal that "Alaska is open for business" took careful study and courage. Likewise, President Donald Trump's Rose Garden presentation on the Paris Climate Change Accord could only have been delivered by one who both understood [...]

5-16-17 MOVING NEB TO OTTAWA “DUMB” – Congress Wants Your Input On Bad Natural Resource Policy!

Moving the NEB from Calgary to Ottawa Hurts Consumers, Taxpayers and Also Moves Canada Closer to Socialism by Dave Harbour Christiana Figueres, former executive secretary of U.N.’s Framework Convention on Climate Change, admitted that the goal of environmental activists is not to save the world from ecological calamity but to destroy capitalism. “This is the first time in the history of mankind that we are setting ourselves the task of intentionally…to change the economic development model that has been reigning…since the Industrial Revolution,” she said. Moving the [...]

3-21-17 Economist Roger Marks Fact Checks Lawyer’s “Fair Share” Cliché (UPDATE)

Calgary Herald by Javier Blax.   Exxon Mobil Corp., Royal Dutch Shell Plc and Chevron Corp., are jumping into American shale with gusto, planning to spend a combined $10 billion this year, up from next to nothing only a few years ago.  (Many Alaskan and Alberta elected officials -- obviously -- have no concept of the principle of worldwide competition for attracting natural resource investment dollars.  -dh) Critical Thinking The end of the Alaska Legislature's 2017, third trimester approaches.  The socialist-leaning House majority has cut off debate on their [...]

3-12-17 Making Sure Our Readers Caught This Late Thursday Piece

If you missed it, please find our LATE Thursday piece on Crony Capitalism in Alaska and Washington right here.... We continue to ask to a non-responding bureaucracy: “Who in his right mind could think a $45 billion gas pipeline/LNG project could go well if it were owned by a non-accountable government of temporarily elected and appointed officials?” Big spending politicians, crony capitalists and related special interests seem to be in control of Alaska’s fate as we close out this week.  

3-10-17 Crony Capitalists Exert Unwarranted Influence

Please scroll down for today's crony capitalist commentary Today, our Aussie Oil & Gas energy analyst friend observes that, "Overnight Repsol announced an onshore discovery of 1.3 B bbls - the largest in the US for 30 years.  This follows on from similar sized discoveries in the State last year in the immediate offshore.  Unfortunately prices will likely need to solidly hold above US$50 before these will be developed in this high cost (and high tax) location."   We refer readers to the view of some that taxes do not [...]

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 [...]

11-4-16 Alaska Headlamp, Craig Medred, & Must Read Blogs Also Shed Light On Energy Issues

Stark warning for Canada - TransCanada sells U.S. assets to pay for Columbia Pipeline - A transition ahead for US Arctic - Progress slow for IEP - When it comes to Alaska LNG project, the big elephant in the room is cost - Inter Pipeline expects decision on petrochemical plants   Medrid Today: It’s hard to make multi-million dollar business decisions in an unstable economic environment, and there is no doubt that Alaska’s constantly shifting tax structure – particularly its desire to squeeze another dollar out of the golden goose of oil any time a budget problem arises – makes [...]

10-7-16 Governor Gives A Day’s Notice For Another International Trip

Governor Bill Walker today sent a letter to Secretary of Interior Sally Jewell nominating the Beaufort and Chukchi seas and Cook Inlet for inclusion in the 2017-2022 proposed Outer Continental Shelf (OCS) lease sale  More here. With Some Highly Astute Audiences, One Has But One Chance To Make A Successful Pitch by Dave Harbour* Bill Walker, Governor of Alaska. NGP file photo by Dave Harbour. The release below, received today, indicates Governor Bill Walker will be in Korea tomorrow for a speech to the new but influential Yeosijae [...]

9-15-16 Kish Returns To Capitol Hill

We are delighted to note that one of Washington's most knowledgeable energy analysts is joining the office of House Speaker Paul Ryan.  We think our Alaskan, Canadian and Lower 48 readers will be grateful that such an advisor will be in such a position to improve energy decision and policy making in Washington.  -dh GOP Energy Veteran Kish To Ryan's Office: As Playbook readers found out this morning, Institute for Energy Research Senior Vice President Dan Kish is headed to Speaker Paul Ryan 's office as a new policy adviser for energy, environment, [...]

6-28-16 ALASKA’S GOVERNOR: Clouds Of Suspicion Descend On Him As His True Motives Begin To Emerge

Is this the question everyone would like to ask? Alaska Governor Bill Walker. NGP Stock Photo by Dave Harbour. If Alaska's Governor Bill Walker were not conniving to convert Alaska into a sick, modern version of Hugo Chavez' socialist  utopia, why would he be overspending, demonizing the state's biggest investors and seeming to move toward a takeover of various oil & gas leases and transportation and distribution systems?   -dh     Anchorage Daily Planet Editorial: Disaster in the making? Added by Editor on June 27, [...]

5-26-16 Oil Prices Have Been Inching Up: Should Alaska & Alberta Rejoice?

Read today's Ak-Headlamp for the latest on Alaska Gasline Development Corporation management waste; no fiscal crisis solution as legislative spending continues; and, a promising Alaska North Slope shale discovery  -dh Crude Oil Price Commentary by Dave Harbour Our Mid Atlantic energy analyst today points out to us that -- in just comparing crude oil prices to U.S. stock prices -- black gold could be headed a third or more higher.  (Scroll down for his analysis) Rejoice!  Maybe lawmakers won't have to cut government spending programs after all! "On the other hand", as my old, [...]

Alaska Is Making Critical Decisions That Affect Its Long Term Investment Climate

Alaska is making critical budget decisions that will affect its investment climate for a generation! With its unsustainable spending we have long recommended that Alaska decision makers not increase taxes or impose new taxes until significant cuts are made in entitlement programs and employee costs. As the current legislative session nears an end, we see pressure mounting for new taxes.  We see no decisive movement toward containing employee CPI and step wage increases or negotiating more prudent state employee contracts.  And, we see no significant effort to cut entitlement programs [...]