3-17-14 Is Alaska Flirting…?

Part IV: Can Alaska be a place where A DEAL IS A DEAL? Competition Perspectives: Part IV (Part I, Part II, Part III) Is Alaska Flirting With The Last Gas Pipe Straw? by  Dave Harbour We had written a very long commentary which tried to shed light on the effect of currently discussed issues on Alaska investment climate competitiveness.  We then delved into the effect various pending decisions could have on prospects for an economically feasible gas pipeline. And we concluded that, as in Canada's MGM case, investors would do the best [...]

3-15-14

ADN by Lisa Demer.  Bethel's senator opened up the governor's natural gas pipeline legislation Friday and successfully inserted a new special energy fund that would bring cheaper energy to rural Alaska or any part of the state that wouldn't get natural gas directly.       .   .   .     Senate Bill 138 now is scheduled for debate, the possibility of more amendments and a vote before the full Senate on Tuesday. The measure sets a path to state investment in a liquefied natural gas project and pipeline estimated to [...]

By |2016-03-13T03:51:27-09:00March 15th, 2014|Uncategorized|0 Comments

3-13-14 Is Alaska Flirting With The Last Gas Pipe Straw?

Is Alaska Flirting With The Last Gas Pipe Straw? Competition Perspectives: Part IV (Part I, Part II, Part III) by  Dave Harbour ​(Read More) Our friend, John Hofmeister (NGP Photo), former Shell President, offered this "quotable quote" on the energy situation during his interview with the Oxford Club's Energy and Infrastructure Strategist Dave Fessler:   Please Consider Testifying Today, Friday, March 14 on HB 77: Improve Alaska's Permitting Efficiency (We at NGP believe this is one rather small but important way citizens can improve Alaska's investment climate--rather than our usual challenge to fight off additional investment climate attacks!  -dh) Our friends at the [...]

3-13-14

Alaska Public Media by Alexandra Gutierrez.  The latest version of a bill advancing a natural gas megaproject restores language concerning collective bargaining.  The Senate Finance Co-Chair Pete Kelly announced on Tuesday evening that the committee will scrap the less specific language they had planned to use when dealing with labor terms. Commentary: The following post by the Pebble Project precisely reflects the editorial position we have taken for several years.   We would add that the White House has no business lecturing Russia and other nations on the importance of [...]

3-12-14

Becky Booher, Associated Press: Draft Gas Pipeline/LNG Bill Proposes Changes To AGDC/Taxes Advice To Those Who Want A Vibrant Economy And Who Elect Politicians Competition Perspectives: Part III (Part I, Part II) by Dave Harbour Yesterday we finally finished a commentary on how important it is for a sovereign to pay attention to its competitive position as an investment climate.   ​​Links from the Alaska Gas Pipeline Office of The Federal Coordinator: Japan’s utilities increasingly invest in LNG projects Agreements move Alaska gas line forward Russia and Alaska share similar oil [...]

3-11-14 Competition Is Not Only About Markets…A Sovereign Ignores A Competitive Investment Climate At Its Peril

The Human Temptation To Ignore The Value Of  A Competitive Investment Climate Competition Perspectives: Part II (Part I, Part III) by Dave Harbour The North American platter is heavy with energy sustenance, now manifested by the boom in oil and gas shale productivity. Last week, the office of the Federal Coordinator for the Alaska gas pipeline project summarized current and developing trends in Liquefied Natural Gas (LNG) competition for markets. Earlier, we commented on the same subject. Over the Weekend, we hear from British Columbia that a new taxing regime on LNG [...]

By |2016-12-22T22:29:40-09:00March 11th, 2014|Commentary, Interstate Gas, LNG, Notes From the Road|0 Comments

3-10-14

Fairbanks News Miner/AP.  Allowing municipalities in on natural gas pipeline negotiations would be as “impracticable as having 60 legislators sitting at the table,” Gov. Sean Parnell (NGP Photo) wrote to four local governments concerned about property tax deals the state could cut with producers.  Municipalities, including the Fairbanks North Star Borough, have raised concerns about agreements the state penned with North Slope producers and TransCanada that could allow the gasline to make payments based on throughput in lieu of traditional property taxes.

By |2016-12-22T22:29:40-09:00March 10th, 2014|Alaska Taxes, Interstate Gas|0 Comments

3-9-14

Petroleum News.  Faced with rising costs and uncertain about the impact of a proposed tax, some of the biggest LNG players in British Columbia are on the hunt for partners as they voice concern about the province’s ability to compete with other export countries. 

By |2016-03-13T03:52:53-09:00March 9th, 2014|Interstate Gas, LNG, Notes From the Road|0 Comments

3-8-14

Weekend Energy Clips: FuelFix (blog): The War on Energy is Underway, Op-Ed by David Holt (NGP Photo)    ...   Far too often energy consumers are confronted by organizations which promote one narrow view.  The answer is always the same: No. No to ANWR; No to Keystone XL; No to the Gulf. No to wind. No to transmission lines. Anti-development activists see only a binary world. Do nothing or face disaster. These narrow views are contrary to the attitudes that have driven America to succeed. As a country, Americans have long prided [...]

3-7-14 North Slope Borough Mayor Weighs In On Gas Pipe Property Tax Issue

Gas Pipeline Testimony of North Slope Borough Mayor, Charlotte Brower, Delivered Yesterday (March 6, 2014) To The Alaska State Senate Finance Committee Regarding SB 138. Good morning Co-chairman Kelly, Co-chairman Meyer, and Senators.  My name is Charlotte Brower (NGP Photo).  I am honored to be the Mayor of the North Slope Borough, the wife of a whaling captain, and am blessed with six children and twenty-five grandchildren. Thank you for the opportunity to speak on SB138, a bill that authorizes the State of Alaska to move forward on developing a [...]

By |2016-12-22T22:29:41-09:00March 7th, 2014|Uncategorized|0 Comments

3-6-14

This week Chairman of the U.S. House of Representatives Natural Resources Committee, Doc Hastings (NGP Photo), provided a comment on President Obama's proposed budget: “The President’s budget once again taxes too much and spends too much, while not doing enough to create jobs and grow our economy.  The budget also fundamentally fails to recognize that responsibly harnessing and maintaining our natural resources can actually save taxpayer dollars and bring in new funds to the federal treasury.  “Instead of imposing new taxes and fees on American energy, let’s open new areas [...]

By |2016-03-13T03:52:20-09:00March 6th, 2014|Uncategorized|0 Comments

3-5-14 LNG Competition

Tough competition expected among new LNG projects by Bill White, Office of the Federal Coordinator bwhite@arcticgas.gov [1]  March 4, 2014 Bill White and Office of the Federal Coordinator, under leadership of Larry Persily, provide a useful service to government and industry with scholarly essays on issues and facts related to disposition of Alaska North Slope Gas.  In this piece, White carefully analyzes various aspects of Alaska LNG competition. Please also see our 2-12-14 commentary on the same subject.  -dh HOUSTON — Too many potential liquefied natural gas export projects are chasing the expected [...]

3-4-14 Palin Predicted Ukraine – Romney Advocated Stand Against Russia

BP today announced its intention to establish a separate business to manage its onshore oil and gas assets in the US Lower 48. See today's Globe & Mail piece on Asian LNG competition for price   Comment: Yesterday we noted that two legislators are planning for a new oil revenue stream should voters adopt an August Primary Ballot proposition to repeal oil tax reform.   That revenue stream will be based on a new policy emphasis on state investment and equity into oil and gas exploration and development projects.  These are the [...]

3-3-14 Democrats Propose More Government Oil Industry Ownership

Peninsula Clarion (Morris News Service/Alaska Journal of Commerce), by Tim Bradner (NGP Photo, at Nikiski LNG Terminal).   Minority Democrats in the Legislature unveiled their vision of an oil tax system should voters this summer roll back the tax structure lawmakers approved last year. .   .   . “There are (state) entities around the world that own a share of their oil industry (through state oil companies) and I have confidence that we have the ability to do this,” said Sen. Bill Wielechowski (NGP Photo). .     .     . “The governor’s giveaway is a [...]

By |2016-03-13T03:52:07-09:00March 3rd, 2014|Alaska Taxes|0 Comments
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