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 [...]

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 [...]

10-11-16 Join Us Tomorrow (Wednesday) 6 p.m.!

ALASKA WORLD AFFAIRS COUNCIL SOCIAL EVENT (MORE INFO HERE) Join us at 5:30pm for a social mixer with our guest speakers prior to the program start at 6:00pm. Beverages will be available for purchase during the event and social hour. Please plan to arrive earlier if you plan to eat food prior to the program or plan to try 49th State Brewing Co‘s delicious food after the discussion. Speakers: Community Perspective – Mead Treadwell Prior to joining Pt Capital as President, Mead Treadwell served as Alaska’s lieutenant governor and was [...]

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 [...]

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, [...]

7-7-16 DOI RELEASES FINAL ARCTIC OCS DRILLING REGULATIONS

ALERT ALERT ALERT HERE IS THE DOI LINK YOU'LL NEED HERE ARE THE ACTUAL NEW ARCTIC OCS REGULATIONS Cautionary note: The email alert we issued today indicated that we would have more to say in coming weeks about these Arctic OCS regulations.  Our initial scanning of the regs today, did not lead us to immediate judgment.  We deeply respect the work of Congressman Bishop (below) and his predecessor, Doc Hastings.  However, on this issue of the Arctic OCS regs, study is required before reaching final conclusions.  A respected friend with one of [...]

7-5-16 Meanwhile…on the Washington, D.C. front

  (Note: as we have observed for about 15 years, now, Alaska and its natural resource based Constitution and economy face two major opponent groups: 1) Alaska based environmental and social activists (primarily democrat operatives), and 2) Washington D.C. activists (Primarily a progressive democrat administration supported by a well organized environmental/socialist political network).  Today's report reflects the continuing work of the Alaska Support Industry Alliance and the state's Congressional delegation to fend off Alaska's federal adversaries.  -dh) Rebecca Logan, General Manager, Alaska Support Industry Alliance, NGP file photo by Dave Harbour Date: July [...]

7-1-16 Much Alaska gas pipeline/LNG food for thought over the Independence Day weekend!

Yesterday we commented on the overall chaos enveloping Alaska  as it seeks fiscal stability. Fiscal stability is a critical risk for big investments -- like a multi-billion dollar energy project.  If fiscal stability does not exist, savvy energy investors must cease or postpone projects until risks become less threatening. Alaska Governor Bill Walker In such a caldron of multi dimensional issues, we see great political/emotional support for construction of an Alaska gas export project. However, the realities of world energy prices, high and unpredictable Alaska tax policy, a run-away spending history, and democrat leaders [...]

6-23-16 Federal Overreach Is Officially Court-Scorned

BREAKING NEWS TODAY: Compare With Related Federal Lawlessness Documented Below Washington, D.C. – Today, the Subcommittee on Oversight and Investigations held an oversight hearing on the lack of enforcement and accountability from the Obama Administration in response to a growing number of reports of unethical and criminal conduct at the Department of the Interior (DOI).  More here, including witness testimony.... Pacific Legal Foundation's Supreme Court Victories Over Federal Overreach Read Here Federal Judge Kills Fed Fracking Regs By Victor Morton - The Washington Times - Tuesday, [...]

6-21-16 The Socialist Cabal Attacks Nuclear, et. al.

Wildrose blasts NDP over climate plan advertising, Calgary Herald ... per-capita greenhouse gas emissions in the fight against climate warming and to help the province win outside support for stalled pipeline projects ... NGP Readers: be aware that as the enviro-industrial-governmental cabal continues (i.e. via protests, confrontation, litigation, statute and regulation) to vilify and outlaw OCS activity, oil, pipelines, coal and nuclear energy projects, more reliance will fall on natural gas power generation.  Now, the cabal is targeting nuclear but also natural gas.  So when the inevitable market and political winds [...]

5-17-16 Daunting Federal OCS and Oil State Budget Challenges

From Dan Kish at the Institute for Energy Research comes this comment (i.e. below left) on the federal government's consideration of its 2017-2022 5-year leasing plan.   The IER analysis carefully addresses nationwide concerns about access to federal lands/waters for energy exploration and production.  Since Alaska is such a huge component of federally managed OCS  resources, IER correctly recognizes Alaska's potential:  ...there has been far greater leasing in the Gulf of Mexico than the Alaska OCS and as a result the reserve estimates have nearly sextupled in the Gulf of Mexico while remaining [...]

5-23-16 By Increments We Can Lose A Nation’s Liberty

Energy Is The Very Foundation Of North American Freedom Eco-socialist Strategists Know That The Means, Transportation and Distribution of Energy Production Can Come Under Their Control Via Government Expropriation And/Or Regulatory Power by Dave Harbour Today we ask our readers to recognize the dots that connect socialism and eco-activism to the undoing of free energy markets and freedom itself. We will demonstrate why this transformation is not merely the natural swing, back and forth, of a political pendulum. Our readers can surely agree that: Freedom can be eliminated by eliminating free enterprise. [...]

5-16-16 When Will Oil Prices Recover Enough To Re-establish Alaska & Alberta Prosperity?

"It's Tough To Make Predictions, Especially About The Future"  -  Yogi Berra Commentary By Dave Harbour Dan Yergin, NGP file photo. (See Yergin's WSJ comments below) By mid-year, 1967, Atlantic Richfield Company's (ARCO) Susie rig had completed its Alaska North Slope oil exploration mission, unsuccessfully.  Then, an old friend and colleague, Harry Jamison, ARCO's Alaska Manager, prevailed upon company Chairman, Robert O. Anderson, for one last well attempt.  "Robert O" as we called him, supported the recommendation to the Board, which approved that one more try.   Just after [...]

5-12-16 How The Federal Government Stole Alaska’s Statehood Birthright

Even if the federal government were to restore the natural resource birthright it has stolen from the 49th State, Alaskans would STILL remain challenged.  For when its citizens enjoyed what seemed to be unlimited oil wealth 3-4 decades ago, it taxed more and spent more and more -- until it had developed an unsustainable lifestyle.  So, we do hope that great leadership can free Alaska of the federal overreaching jurisdiction and violations of due process described below.  But then, equally great leadership -- with disciplined citizen support -- must establish sustainable government services [...]