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 [...]

2-7-17 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

2-3-17 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 [...]

1-26-17 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 [...]

ConocoPhillips this morning announced a new Alaska North Slope discovery! … With Massive Subsidy The Fairbanks, Alaska LNG/Gas Distribution Project Struggles On

ConocoPhillips Alaska Inc. today announced a new oil discovery in the Greater Mooses Tooth (GMT) Unit located in the northeast portion of the National Petroleum Reserve – Alaska (NPRA). Here’s a link to the full release Quick reference from the release:  The Willow discovery wells, Tiŋmiaq 2 and 6, were drilled in early 2016 and encountered 72 feet and 42 feet of net pay, respectively, in the Brookian Nanushuk formation. ConocoPhillips has a 78 percent working interest in the discovery and Anadarko Petroleum Corporation holds a 22 percent interest.  [...]

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 [...]

1-6-17 Gas Pipeline Logic

Today's Headline From Argus: "State Agency Takes Over Troubled Alaska LNG Project". Today's Logic: if some of the largest energy investors in the world (i.e. BP, ConocoPhillips, ExxonMobil) believe now is not the time for an Alaska North Slope gas export project, why would a state bureaucracy (i.e. Governor) enmeshed in fiscal crisis hang on for dear life to an economically infeasible, multi-hundred million dollar, risky, volatile, commodity-based, private-sector energy project -- when consumer-friendly, low LNG/gas prices and over supply continue to dominate gas markets?  "Hope" is often the [...]

By | January 6th, 2017|Commentary, Interstate Gas, Intrastate Gas, LNG|0 Comments

12-30-16 Northern Energy Conversations End 2016 And Will Begin 2017

Year-end Gasline Commentary by Dave Harbour See yesterday's column Yesterday, we previewed an LNG/gas line commentary planned for next week, as the new year begins.   Today, we bring you a news release from the Alaska Government-Run LNG Project, complete with enough participant qualifications to seriously dilute the message that the project is "progressing" (Column right).     We would love for 2017 to bring Alaska and the United States economy news of a sustainable market for a feasible Alaska North Slope (ANS) natural gas project.  We must remember, [...]

By | December 30th, 2016|Alaska Taxes, Alaska's Fiscal Crisis, Commentary, LNG|0 Comments

12-23-16 Alaska LNG: Now Is Not The Time

All about Alaska's gas project ... and its fiscal crisis Korean agencies spent over $75K on Gov. Walker and officials on Asia trip New milestone in the gas line project: The state is taking over Board for Alaska gas line project to miss another deadline AGDC officially takes over AKLNG Oil industry prepares to fight to keep tax credits alive in 2017 State receives AK LNG work, land issue still unresolved Our editorial yesterday Regarding our "Naive" editorial yesterday Courtesy: http://tinyurl.com/hjs5l85     Our Commentary: [...]

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 [...]

12-6-16 Trump Would Be Right To Reverse Obama’s Political Pipeline Decisions —— Should the President-elect Reject An Interior Secretary Candidate Who Supported EPA Overreach?

Trump Vows Prompt Review of Rejection of Dakota Pipeline ... Donald Trump: GOP Leader Inquires About Keystone Pipeline - Fortune Rex Tillerson Governor feuds with ExxonMobil re: take over Alaska LNG project  -  We've agreed with Tillerson that, Alaska Is Its Own Worst Enemy Exxon Mobil CEO emerges as State Department candidate   Our Personal Pearl Harbor Remembrance Standing Rock Commentary By Dave Harbour Sunday, we alerted readers to Presidential interference with due process and how the venerable U.S. Army Corps of Engineers had been led to reject [...]