Calgary Herald by Dan Healing. Oilsands producer Cenovus Energy Inc. has sent its first shipment of crude oil to China, beating the opening of the controversial Northern Gateway pipeline by about five years. * Duluth News Tribune. New pipeline from North Dakota’s booming oil patch to Minnesota….
on Indians and Alaska Native Affairs held a legislative hearing on H.R. 3973, the Native American Energy Act that promotes and encourages increased energy production on tribal lands by reducing government barriers and streamlining burdensome procedures. “For too long, the Federal Government has stood in the way of Native Americans looking to develop their lands for energy production,” said Subcommittee Chairman Don Young (NGP Photo). *
released by the US Department of Commerce (DOC) demonstrates the country’s urgent need for an “all of the above” energy policy including reliance on robust domestic production. DOC says that the nation’s trade deficit has reached its highest point since the financial crisis began in 2008 due to a reliance on oil imports. In 2011, the U.S. imported 331.7 billion dollars worth of oil. This staggering amount was the highest of any category and accounted for almost 60 percent of the entire trade deficit, the highest percentage since 1992. CEA President David Holt (NGP Photo) said yesterday that, “The latest trade deficit data is a clear indication that the United States needs an energy policy that focuses on the full utilization of all our domestic energy resources."
arctic region is a treasure chest of natural resources that can benefit Alaska and the entire United States. Responsible and safe resource development and economic development of this region is possible due to the technology and expertise of our engineers, in addition to our state environmental experience and stringent permitting process. I urge you to oppose Congressman Gerlach’s Amendment to strip ANWR from HR7. Clearly we have been successful over the years with increasing exploration and development on the North Slope while the wildlife has coexisted and thrived." (See Senator Cathy Giessel’s similar ANWR support letter and Speaker Mike Chenault story on ANWR trip to DC.)Calgary Herald by Deborah Yedlin. A quiet breakfast took place some weeks ago at the Petroleum Club among a group of Calgary executives – some retired, others active but each one tied into the energy business either through finance or company affiliations. The purpose was to discuss issues facing the oil and gas sector. No surprise, the primary concerns were the low price of natural gas, the latest developments for the Keystone XL pipeline and the hurdles facing the proposed Northern Gateway line to the West Coast.
Juneau Empire by Pat Forgey. With Lower 48 natural gas prices bumping along at record lows, Gov. Sean Parnell and other Alaska leaders are looking at China and other Asian markets for developing the state’s huge natural gas reserves. … a petroleum industry consultant this week told legislators that the state shouldn’t get its hopes too high. “It will not be so easy,” warned Pedro van Meurs, an industry consultant located in the Bahamas who has a long history in Alaska, including in advising former Gov. Frank Murkowski and others on natural gas taxation and pipeline development. (See our earlier related story along with van Meurs’ complete slide presentation.)
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