2-28-13 President Presides Over Federal Land Energy Losses

Yesterday, in wake of Shell's announcement, Governor Sean Parnell (NGP Photo) said: “Taking the long view, we are at the early stage of a new era of oil exploration in the Arctic, one that will continue for decades in a measured and responsible way. Shell continues to have our full support for this project that is critical to America’s domestic energy security.” Dan Kish (See video below), distinguished Senior Vice President (Policy) for the Institute for Energy Research sends the following report, released today.  It is particularly relevant in view [...]

By |2016-12-22T22:31:14-09:00February 28th, 2013|Commentary, Federal Obstruction, You Read It Here First|0 Comments
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2-27-13

Today Shell announced it was suspending its 2013 exploration program.  That slides the possibility of new production from Alaska's OCS forward at least another year and puts new pressure on the Alaska Legislature to enhance the attractiveness of oil investments into existing legacy fields.  From legacy fields, with the correct government policies, new production can come relatively quickly--at least, compared to greenfield exploration in non producing areas of the Arctic OCS.  -dh Do Tax and Regulatory Burdens Affect Investment Decisions? ALASKA DISPATCH STORY.  As Alaska lawmakers grapple with whether to [...]

By |2016-12-22T22:31:14-09:00February 27th, 2013|Alaska Taxes, Commentary, Federal Obstruction|0 Comments
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1-26-13

  Yesterday's Great Oil Tax Debate.  Alaska Dispatch Story by Alex DeMarban.   Doug Smith (NGP Photo-R below), president and CEO of oilfield subcontractor Little Red Services, said after the debate he was concerned to see both sides misuse data. But Bill Wielechowski (NGP Photo-L above) seemed to do most of the misusing, by relying excessively on outdated information, Smith said.  ...  Malcolm Roberts (NGP Photo-L below), a member of a group called Backbone that opposes Senate Bill 21, said Halcro never rebutted many of Wielechowski's arguments. Roberts took issue  with a key point offered by [...]

By |2016-12-22T22:31:14-09:00February 26th, 2013|Alaska Taxes|0 Comments
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2-25-13 Big Debate Today

  Anchorage Chamber of Commerce:  Andrew Halcro (NGP Photo-L), president of the Anchorage Chamber of Commerce, and Alaska Senator Bill Wielechowski (NGP Photo) will debate oil tax reform at the “Make it Monday” forum today, held at noon on February 25 at the Dena’ina Center.  -dh The Alaska House of Representatives Resources Committee will today consider HB 72, the Oil and Gas Production Tax...and the Senate Resources Committee will consider SB 21, another bill designed to improve Alaska's investment climate.  -dh Calgary Herald.  Cequence Energy Ltd. (TSX:CQE) has agreed to swap a property plus about [...]

By |2016-12-22T22:31:14-09:00February 25th, 2013|Alaska Taxes|0 Comments
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2-23-13

Fairbanks News Miner.  The Anchorage Chamber of Commerce is hosting a debating on oil taxes Monday.  

By |2016-03-13T03:49:52-09:00February 24th, 2013|Uncategorized|0 Comments
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2-22-13

Anchorage Chamber of Commerce:  Andrew Halcro (NGP Photo-L), president of the Anchorage Chamber of Commerce, and Alaska Senator Bill Wielechowski (NGP Photo) have agreed to publicly debate oil tax reform at the next “Make it Monday” forum, held at noon on February 25 at the Dena’ina Center. TODAY OCS Governors, led by Alaska Governor Sean Parnell (NGP Photo-below), welcomed the addition of North Carolina Governor  Pat McCrory. Calgary Herald: Alberta Premier Alison Redford says she is heading to Washington this weekend to lobby for the Keystone XL pipeline and she remains confident it will [...]

By |2016-12-22T22:31:15-09:00February 22nd, 2013|Alaska Taxes, You Read It Here First|0 Comments
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2-21-13 Reforming Alaska’s Predatory Production Tax

Our friends at Arctic Power have asked our readers to take the time to sign a petition supporting the opening of ANWR's Coastal Plain to Congressionally authorized oil and gas exploration.  We agree!   We also suggest that any American citizen or lawmaker who does not sign this petition cannot be serious about improving Alaska North Slope energy production.  - dh   A reorganization at Talisman Energy has resulted in layoffs for 90 Calgary employees, the company announced yesterday.  The company has been hinting job reductions for months and said in [...]

By |2016-12-22T22:31:15-09:00February 21st, 2013|Alaska Taxes, Commentary|0 Comments
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2-20-13

University of Alaska graduate Andrew Lundquist (NGP Photo with former Governor Walter J. Hickel) has joined the ConocoPhillips Executive Leadership Team as Senior Vice President, Government Affairs.  Lundquist has held high level positions within the White House and offices of both Senator Frank Murkowski and Senator Ted Stevens.  (Source: Reuters News Service)   Fairbanks News Miner by Matt Buxton.  After sitting in committees for most of the session, momentum is building in Juneau for Fairbanks’ natural gas trucking plan, legislation critical to lowering the Interior’s heating and electricity bills. The Senate Labor [...]

By |2016-12-22T22:31:15-09:00February 20th, 2013|Uncategorized|0 Comments
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2-19-13

Edmonton Journal by Sheila Pratt.  A few weeks before he stepped down as premier, Ed Stelmach flew to Fort McMurray with a key document tucked into his briefcase.  The proposal for a 20-year supply of land — enough to stabilize sky-high housing prices, enough to handle an expected 200,000 people — was a key issue for Mayor Melissa Blake and the struggling boomtown. Energy Central Commentary by Marty Rosenberg.  Oregon Sen. Ron Wyden (NGP Photo-R) has taken the helm of the powerful Senate Committee on Energy and Natural Resources.   Many [...]

By |2016-12-22T22:31:15-09:00February 19th, 2013|Uncategorized|0 Comments
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2-18-13

Testify today on Alaska's predatory oil and gas production tax.  -dh  Monday, February 18 Senate Resources - 6 p.m. SB 21 - Oil and Gas Production Tax Juneau - Capitol Room 205 Statewide - Local LIO List Here Alaska State Senate.  Fairbanks’s three state senators say Governor Sean Parnell’s (NGP Photo) mid-day announcement that North Slope oil producers have aligned on a 42-inch natural gas line is a good step in the right direction.  “I’m glad to see the producers and TransCanada have met the governor’s deadline to give us alignment on a concept,” said Senator [...]

By |2016-12-22T22:31:15-09:00February 18th, 2013|Uncategorized|0 Comments
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2-17-13

Fairbanks News Miner by Dermot Cole.   The discussion of the $1 billion per year Alaska oil tax credit system suffers from an incomplete look at the statistics.

By |2016-12-22T22:31:15-09:00February 17th, 2013|Alaska Taxes|0 Comments
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2-16-13

Point of personal privilege:  My son, Billy, and I remember our wonderful voyage in Mid-March 2012 on the Carnival Triumph (More Carnival Triumph Photos Here). Stuff happens in any pursuit, hence the Triumph's accident a year later--last week. There are no iron-clad guarantees of perfection in life. That said, I can't wait for our next cruise. One TV talking head yesterday said, "I didn't like my cruise...felt too closed in." However. my walks on the decks at sunrise and sunset, quiet time in the cabin or ship library reading and [...]

By |2016-12-22T22:31:15-09:00February 16th, 2013|Notes From the Road, Personal|0 Comments
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2-15-13

Calgary Herald by Lee-Ann Goodman.  President Barack Obama’s State of the Union clarion call for action on environmental issues has put climate change at centre stage in the U.S. capital — and the Keystone XL pipeline is once again playing the role of the villain. Bobby Kennedy and Jr. protests against Keystone XL Pipeline at Lafayette Park on February 13, 2013 in Washington, DC. (Photo by )  Photograph by: Leigh Vogel/Getty Images , Postmedia News 

By |2016-03-13T03:49:22-09:00February 15th, 2013|Uncategorized|0 Comments
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2-14-13 Russian Company Buys Interest In Point Thomson Field, Containing A Quarter Of The Alaska North Slope’s Recoverable Gas Reserves

Could Russia's Rosneft Become A De Facto Alaska Gas Pipeline Player? Miami Herald by Sean Cockerham, ADN.  Russia’s state-owned oil company is poised to play a major role in developing America’s Arctic natural gas under a new agreement to give the company a stake in a huge Alaskan project.  The agreement with Exxon Mobil gives the Russian oil giant Rosneft the option to buy a 25 percent interest in the Point Thomson field, which is estimated to contain about a fourth of the massive storehouse of recoverable natural gas on [...]

By |2016-12-22T22:31:16-09:00February 14th, 2013|Uncategorized|0 Comments
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