3-24-15 Oil Tax Reform Continues To Produce Alaska Production Results

ConocoPhillips Announces Funding Approval for Kuparuk ConocoPhillips Alaska Inc. yesterday announced that the Kuparuk viscous oil development 1H NEWS (Northeast West Sak) has been approved for funding by ConocoPhillips and the Kuparuk co-owners. Plans for engineering have been ongoing, and construction will now move forward. This is the largest investment in viscous oil at Kuparuk since 2004, and it is expected to add about 8,000 barrels of oil per day (BOD) gross at peak production.  (See the full ConocoPhillips release here.) Whether President Obama is bribing or blackmailing governors, either way, it's [...]

By |2016-12-22T22:28:32-09:00March 24th, 2015|Federal Obstruction|0 Comments

3-22-15 Cruz Announces – Obama Targets Fracking With More Regs – Alaska and Alberta Face Oil Price Challenges With Similar Diversification Temptations

National Commentary: After watching the Ted Cruz speech a few minutes ago, many might agree that he is qualified to lead the country into the sunshine -- away from our current maladies, years of malaise and dark path toward economic and social chaos--for two main reasons. First, he understands the rule-of-law and jurisdictionally overreaching abuses of the current administration affecting energy production which, in turn,  underpins the historical and future wealth of America. Second, he articulated virtually all of the values which many of us believe are required to sustain the economy, security [...]

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