Mackenzie Good For Canada – President Obama Squeezes Domestic OCS Exploration and Production – Shell Stands By Alaska

Vancouver Sun by David Finlayson.  The economic benefits of the Mackenzie Valley gas pipeline will far outweigh the cost,and it must move ahead quickly or lose out to the rival Alaska project, Northwest Territories Premier Floyd Roland (Photo: Jimmy Jeong) said Wednesday.  The 1,220-kilometre pipeline from Inuvik to the Alberta border has as much potential to boost the economy as the railways that opened up Canada, and the Hibernia offshore gas field in the East, Roland told Edmonton Chamber of Commerce. ADN by Erika Bolstad.  As President Barack Obama announced [...]

By |2016-03-13T04:03:43-09:00May 28th, 2010|Uncategorized|0 Comments

President Conducts Successful Press Conference

President Obama conducted an effective press conference (at this writing) in that he was well studied on BP and federal government responsibilities and responses.  He was articulate and patiently answered probing questions.  He took on the role of, "the adult in the room".  He set forth a series of lease sale and exploration delays and access withdrawals to OCS areas that could later be viewed as a tragic and unjustified overreaction to the GOM events.  In particular, suspending Shell's Alaska program is illogical, infair and damaging to the state and [...]

By |2016-03-13T04:11:16-09:00May 27th, 2010|Uncategorized|0 Comments

Today, President Obama Will Eliminate Hundreds of Thousands of US Jobs, Increase Dependence on Foreign Oil and Retard America’s Economic Recovery

 Commentary:  Anyone who has reviewed the University of Alaska and National Association of Regulatory Utility Commissioners studies will realize that Barack Obama's expected action today--combined with other Moratoria actions earlier taken by Interior Secretary Ken Salazar--could further slow America's recovery and endanger national security!  This summer's Alaska exploratory program has successfully overcome huge obstacles...only by the dogged determination of Shell, the expenditure of billions of dollars, survival of a gauntlet of legal challenges and--finally--by the recent approval of federal regulators.  The Alaskan exploration would occur in about 150 feet of water, unlike the [...]

By |2016-03-13T04:08:16-09:00May 27th, 2010|Uncategorized|0 Comments

Tomorrow we return; yesterday in Lexington…

...the Interstate Oil and Gas Compact Commission adopted a resolution, "Acknowledging The National Association of Regulatory Utility Commissioners' successful completion of its July 18. 2007 Moratoria Resolution research project." We hope to provide many photos and extended stories tomorrow, as we return to Anchorage.   -dh

By |2016-03-13T04:08:16-09:00May 26th, 2010|Uncategorized|0 Comments

Yesterday in Lexington…

...your author (l) --on behalf of Moratoria Study Group Chairman O'Neal Hamilton (S.C.)--enjoyed the honor of presenting Alaska State Legislature citations honoring the Study Group to IOGCC participants: Commissioner Dan Seamount (AK) and Commissioner Victor Carrillo (TX) (Photos courtesy: Paul Atkinson).  Representative Craig Johnson (NGP Photo-r) coordinated approval of the citation with Senator Lesil McGuire (NGP Photo) and a distinguished group of Representatives and Senators from both sides of the aisle.     Event Photos:

By |2016-03-13T04:08:40-09:00May 25th, 2010|Uncategorized|0 Comments

Interstate Oil and Gas Compact Commission Convenes in Lexington

Your author is with the IOGCC in Lexington this week, last night presenting to Kentucky Governor Steve Beshear (NGP Photo with author) an Alaska state legislative citation honoring the Moratoria Study Group.    More coming....         Kentucky Governor Steve Beshear and Kentucky Colonel Dave Harbour (l)  

By |2016-03-13T04:02:12-09:00May 24th, 2010|Uncategorized|0 Comments

ConocoPhillips’ Dan Clark Provides RDC Members With Cook Inlet Update

    Commentary:  CH2M Hill's Tom Maloney (NGP Photo) opened the Resource Development Council (RDC) weekly meeting this morning amid an atmosphere of significant energy policy challenges.  These revolve primarily around 1) ANWR oil and gas access, and 2) diminishing Cook Inlet energy supplies and declining 'deliverability' during the coldest, darkest days of winter:       Executive Director Jason Brune (NGP Photo-r) inventoried RDC's issues du jour, including: An action alert urging members to provide testimony to the U.S. Fish and Wildlife Service now inviting comment on its effort to revise the "Comprehensive Conservation [...]

By |2016-03-13T03:58:40-09:00May 21st, 2010|Uncategorized|0 Comments

ConocoPhillips’ Dan Clark Provides RDC Members With Cook Inlet Update

Commentary:  Tom Maloney (NGP Photo) opened the Resource Development Council's (RDC) weekly meeting this morning amid an atmosphere of significant energy policy challenges: Executive Director Jason Brune (NGP Photo) inventoried RDC's issues du jour, including: An action alert urging members to provide testimony to the U.S. Fish and Wildlife Service now inviting comment on its effort to revise the "Comprehensive Conservation Plan" for the Arctic National Wildlife Refuge (ANWR).  Brune said RDC was concerned about the threat of the USFWS recommending to Congress through Secretary Ken Salazar (NGP Photo) and the President that [...]

By |2016-03-13T03:58:40-09:00May 21st, 2010|Uncategorized|0 Comments

AOGA Reviews Alaska’s Investment Climate – Dr. Scott Goldsmith Adds Investment Climate Perspective

May 19, 2010 AOGA Luncheon Event Photos (More coming):   John Zager       Laurie Fagnani         Marilyn Crockett and Ken Sheffield       John Norman and Kevin Banks            Kara Moriarty and Bob Lynn Tanguy Libbrecht Lindsey Holmes   Jay Ramras               Drue Pearce     Tamara Sheffield

By |2016-03-13T03:57:26-09:00May 20th, 2010|Alaska Taxes|0 Comments

Canadian and US Governments Push Pipelines – But What Is Plan B?

We would urge Canadian, U.S. and Alaskan leaders to begin thinking: "If open seasons and economics derail current pipeline plans, what is Plan B?"  -DH Environment Minister's Mackenzie Valley Pipeline Webpage.  The proposed Mackenzie Valley Gas Project (MGP) would involve the development and operation of three natural gas fields in the Mackenzie River delta in the Northwest Territories, and associated infrastructure such as a gathering system, compressor stations and pipelines, to move the natural gas and natural gas liquids southward along the Mackenzie Valley.   Calgary Herald by Dina O'Meara.  Territorial and [...]

By |2016-03-13T03:58:39-09:00May 19th, 2010|Uncategorized|0 Comments

Delegation Aligned on Several Energy Issues – FERC Rejects Yukon Pacific LNG Extension – Shell Sends Letter to MMS

See Shell's 5-14-10 Letter to MMS FERC's Extension Rejection: Alaska Dispatch, ADN Comment: We detected deep divisions of policy among the three-member Congressional delegation yesterday but prefer to focus on the pro-business stances each took.  Senator Lisa Murkowski, in particular, focused like a laser on the flood of Obama Administration initiatives designed to drown free enterprise in the 49th state, which she dubbed an 'assault'.  At the end of the presentation we asked if she would include a list of such assaults on Alaska on her website and she said [...]

By |2016-03-13T04:00:27-09:00May 18th, 2010|Uncategorized|0 Comments

Incentives May Attract Industry to Invest In Cook Inlet – Canada Resets Strategy After GOM Spill

ADN.  Gov. Sean Parnell (NGP Photo) last week signed a pair of bills crafted by Anchorage and Kenai legislators to try to boost Cook Inlet gas exploration and create natural gas storage options for reducing the winter supply crunch. The state tax concessions in the bills are huge: for their drilling, companies can shave tens of millions of dollars off their income and production tax liabilities.  State Sen. Tom Wagoner, R-Kenai, predicted a "stampede" of companies will descend on the Inlet to drill.  Some major Cook Inlet producers like Conoco Phillips, Marathon [...]

By |2016-03-13T04:02:12-09:00May 17th, 2010|Uncategorized|0 Comments

TransCanada Confident Gasline Goes – China Increases Canada Investment – Get Great Petroleum Maps!

ADN.  Tony Palmer (NGP Photo Archive), TransCanada's vice president for Alaska development, said that the project is likely to see bids in the last day or two of the open season, the three-month-long period when it seeks commitments from gas owners to use the pipeline.  TransCanada's open season started barely two weeks ago and it set to run through July.  (See our earlier story.)   Vancouver Sun.  China on Thursday beefed up its Canadian oilsands portfolio with a $1.25-billion cash injection in Penn West Energy Trust.  (See earlier China - [...]

By |2016-03-13T04:08:16-09:00May 14th, 2010|Uncategorized|0 Comments

Governor Sean Parnell Signs Cook Inlet Recovery Act

Governor's Office.  Governor Sean Parnell (NGP Photo-r) today signed into law House Bill 280, the Cook Inlet Recovery Act.  HB 280, sponsored by Representative Mike Hawker (NGP Photo-l) and House Speaker Mike Chenault (NGP Photo), provides the legal framework and financial incentives for developing large-scale natural gas storage facilities throughout the state. The legislation is aimed at providing benefits for consumers not only in Southcentral but also in Fairbanks, where gas could be shipped from the North Slope. The bill adjusts Cook Inlet tax credits to encourage exploration for and development of new gas. And [...]

By |2016-03-13T04:02:11-09:00May 13th, 2010|Uncategorized|0 Comments
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