3-30-12

ADN/AP.  A federal judge has ordered representatives of Greenpeace USA to stay a kilometer away from Shell Oil's drilling vessels destined for Arctic Ocean waters off Alaska's northern shores.   We are approaching the end of March, the deadline by which Governor Sean Parnell had hoped the three Alaska North Slope Producers would reach agreement on alignment of the various gas pipeline interests in pursuit of a single, realistic project.  Today is the last business day of the month.  Therefore, we will expect today to hear a major gas pipeline announcement [...]

By |2016-12-22T22:32:28-09:00March 30th, 2012|Alaska Taxes, Interstate Gas, Intrastate Gas|0 Comments
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3-29-12

Tomorrow we hope to present more thorough comment on an extraordinary community turn out of citizens in Anchorage, following a similar event in Fairbanks, supporting tax reform.  Governor Sean Parnell (NGP Photo), Governor Tony Knowles, Teamster Barbara Huff Tuckness and representatives of Native and small Alaska businesses united to offer one message to legislators: Don't come home without meaningful tax reform.  We are most disappointed in the uncharacteristically misleading and acidic report on that event appearing in today's Alaska Dispatch and will have more to say about that tomorrow.  -dh  (ADN [...]

By |2016-12-22T22:32:28-09:00March 29th, 2012|Alaska Taxes, Commentary, Federal Obstruction|0 Comments
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3-28-12

ADN by Lisa Demer.  A bill to develop a natural gas pipeline from the North Slope to Southcentral Alaska passed the state House early Wednesday despite efforts of Democrats to kill or revamp the measure.  House Speaker Mike Chenault, (NGP Photo), is the prime sponsor of House Bill 9, which gives a subsidiary of the Alaska Housing Finance Corp. the power to get a $7.5 billion pipeline built or become a partner in a bigger line or a spur. Larry Persily (NGP Photo), Alaska Gas Pipeline Federal Coordinator.  China has [...]

By |2016-03-13T03:51:54-09:00March 28th, 2012|Uncategorized|0 Comments
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3-27-12 Amid Alaska-Alberta Oil Tax Debates, Shell’s Pete Slaiby and Louisana’s Gary Chouest Create Advanced Arctic Icebreaker

Fairbanks News Miner by Max Buxton.  As the clock ticks down to the end of the legislative session, lawmakers are quickly giving shape to a proposed natural gas pipeline from Cook Inlet to Fairbanks. Houma Today by Nate Monroe.  In a matter of weeks, the largest and most advanced ship EdisonChouest Offshore has ever constructed will depart for the frigid Alaskan coast where it will service the oil-and-gas giant Shell Oil.  The ship, 360 feet long, took 2 million man hours and two years of construction to complete. Shell awarded [...]

By |2016-03-13T03:51:54-09:00March 27th, 2012|Alaska Taxes|0 Comments
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2-26-12

Anchorage Daily Planet by Tom Brennan (NGP Photo).  I know it’s too early to consider the fight lost, but it’s difficult to be optimistic about chances the Legislature will make an intelligent business decision on oil taxes this year - if ever. ADN by Lisa Demer.  House Speaker Mike Chenault's bill to create a natural gas pipeline from Alaska's North Slope to Southcentral is moving through the Legislature even as oil producers talk about moving ahead on a $40 billion project that would make the small line all but irrelevant. [...]

By |2016-12-22T22:32:29-09:00March 26th, 2012|Alaska Taxes|0 Comments
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3-23-12

Three Stories in Today's News: Alaska, Canada and North Dakota.  Here's a question for our NGP readers: Which elected and appointed leaders of which jurisdictions seem to be caring most for the sustainability of their economies and the future of their children?   Which seems to be succumbing more to the greedy demands of current constituencies?    -dh NYT by Ann Carrns.  Here is one of the best stories we've seen on the personal side of work within the Williston, N.D. oil shale phenomenon.  See the report of our own [...]

By |2016-12-22T22:32:29-09:00March 23rd, 2012|Alaska Taxes|0 Comments
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3-22-12 Are Sociopaths Taking Control?

Researching oil, gas, flora, fin, fauna and fine Southern culture in Houston, but not so intently that we don't think constantly of our Arctic energy brothers and sisters...and the frigid, local and federal regulatory and statutory challenges they daily face.  Is it true we have allowed at least some sociopaths to take control of government?  (Of course, we can't speak for Canada.)  -dh ADN by Richard Mauer.  The Senate bill's "minimal decrease" from the current tax program on oil and gas, known as ACES, "has an immaterial impact" for industry, said [...]

By |2016-12-22T22:32:29-09:00March 23rd, 2012|Federal Obstruction|0 Comments
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3-20-12

While we are tethered to our faithful readers this morning via sattelite from a boat near Cozumel, we neverthe less think of you and provide this investment climate update courtesy of Resource Development Council for Alaska.  -dh Yesterday, the Senate Finance Committee heard public testimony on CSSB 192, which made only minor, inconsequential changes to Alaska's current punitive oil tax structure. Of the Alaskans who testified, an overwhelming majority opposed CSSB 192 and voiced their support for meaningful reform to the tax structure that will result in the investment needed to reverse the production decline [...]

By |2016-12-22T22:32:29-09:00March 20th, 2012|Alaska Taxes|0 Comments
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3-16-12

Calgary Herald by Dan Healing.  With output of 1,200 barrels of oil equivalent per day and 5,500 boe/d behind pipe, Athabasca Oil Sands Corp. is considering joint venture deals on its light oil and gas assets as well as its oilsands, says its CEO.  On a conference call to discuss year-end results Thurs-day, president and chief executive Sveinung Svarte said the company is committed to using partnerships to develop its assets wherever they are. Check out the Gas Pipeline Federal Coordinator's history of gas pipeline projects Wall Street Journal.  April [...]

By |2016-12-22T22:32:30-09:00March 16th, 2012|Alaska Taxes|0 Comments
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3-15-12

  A READER WRITES REGARDING YESTERDAY'S "DISCOVERY DAY" CELEBRATION:  Thank you Dave,  this is a great reminder of that great time made possible by many Alaskans and those from Government and from many states, who finally saw the beginning of a new era for the State and the world, and also ended the tough times in getting the TAPS line started and constructed.  I was hired by Alyeska as an HR Operations Supervisor line wide and had the opportunity to drive the road from Pump Station #1 on the North [...]

By |2016-12-22T22:32:43-09:00March 15th, 2012|Federal Obstruction|0 Comments
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3-14-12 Yesterday Prudhoe Bay’s Discovery Day Was Celebrated–Thanks to Energy Diva Deborah Brollini!

Canadian Natural Gas Declines on Lower U.S. Furnace-Fuel Demand--Bloomberg Alaska Dispatch by Ben Anderson.  An amendment to a bill that would have had sweeping effects on the oil and gas industry -- including opening the Arctic National Wildlife Refuge to drilling and given a jumpstart to the stalled Keystone XL pipeline -- was rejected by the Senate Tuesday by a vote of 41-57.  (Note: The Interstate Oil and Gas Compact Commission, IOGCC, has supported reasonable development of ANWR for many years, as in this 2009 resolution: 9-102.  One also notes that Alaska's [...]

By |2016-12-22T22:32:44-09:00March 14th, 2012|Alaska Taxes, Commentary|0 Comments
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3-13-12

Scroll Down For Coverage of YESTERDAY'S Gulf States Energy Summit! ADN.  House Majority Leader Alan Austerman says there will be pressure to act on oil taxes this session. ADN by Austin Baird.   Lance Pruitt (NGP Photo) is the author of HB358 which would support national, pro-ANWR advertising. ADN by Becky Bohrer.  An attorney for the Alaska Legislature said Monday that it's entirely possible that bills passed in the House and Senate last year would be considered substantially similar to a ballot initiative that would re-establish a coastal management program in the [...]

By |2016-12-22T22:32:44-09:00March 13th, 2012|Alaska Taxes|0 Comments
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3-12-12 Today CEA Hosts Gulf Coast Energy Summit Following Alaska Tele-Town Halls

  Two weeks ago, Consumer Energy Alliance hosted Tele-Town Halls for all presidential candidates who responded to invitations.  Candidates Gingrich and Santorum responded and we later interviewed Paul.  Today,  Consumer Energy Alliance (CEA) will co-host the 2012 Gulf Coast Energy Summit at the Gulf Coast Coliseum and Convention Center in Biloxi, Miss. Over 500 guests are confirmed to attend what will be a lively and in-depth discussion on NORTH AMERICAN energy issues with presidential candidates and sector leaders from the federal, state, and local level.   We will report the outcome....   -dh [...]

By |2016-12-22T22:32:44-09:00March 12th, 2012|AGIA|0 Comments
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3-11-12 – Fairbanks Editor Supports Meaningful Oil Tax Change

Fairbanks News Miner Editorial.  Members of the Alaska Senate who have been balking at a major change in the state’s oil tax system should answer this question: Can they guarantee that their lesser proposal has a greater likelihood of leading to increased oil production than what the governor is proposing? And can they guarantee that the increased production will come in time to prevent the state from facing continual budget deficits?

By |2016-03-13T03:51:12-09:00March 11th, 2012|Alaska Taxes|0 Comments
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3-10-12

Alaska Dispatch by Alex DeMarban.  A Spanish oil major exploring Alaska's North Slope for the first time is reassessing its drilling plans this season.... El Paso takeover approved - Calgary Herald - Gas . Amid chanting and shouts of protest at a raucous shareholder meeting, El Paso Corp. investors approved the natural gas pipeline company's $23-billion takeover by rival Kinder Morgan Inc. The vast majority of the company's shareholders disregarded ... See all stories on this topic » Exxon CEO says U.S. has too many rules - Calgary Herald - State and local regulations in shale-oil-and natural-gas-rich plays across [...]

By |2016-12-22T22:32:44-09:00March 10th, 2012|Uncategorized|0 Comments
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