9-30-15 Natural Gas Reserves Tax: Governor Walker’s Brilliant Strategy For Encouraging Industry Investment in Alaska

Natural Gas Reserves Tax: Governor Bill Walker's 'Brilliant Strategy' For Encouraging Industry Investment in Alaska by Dave Harbour Governor Bill Walker (NGP Photo) has spent a career and millions of OPM (i.e. other people's money) dollars on Quixotic wanderings around the world in failed attempts to make his infeasible visions of an Alaska LNG project economically viable. Today, our Aussie oil & gas analyst friend's comments apply to this commentary as he addresses Shell's Alaska OCS exit and LNG competition. See today's comment by our Mid-Atlantic analyst friend on Shell's departure and an earlier, expensive, [...]

By |2016-12-22T22:28:00-09:00September 30th, 2015|Alaska Taxes, Arctic Policy, Commentary, OCS|0 Comments

9-29-15 More Fallout Follows Shell’s Withdrawal From Alaska’s OCS Potential

See more of yesterday's reports and reactions from U.S. Senator Lisa Murkowski (NGP Photo), various news sources yesterday, more sources today, and our commentary. Here is Tuesday's Early Report... ...in wake of Shell's announcement yesterday that after $7 billion invested and over a half decade of delay and disruption mostly caused by America's government, it is withdrawing from Arctic OCS exploration.  See statements (below) by Governor Walker, Alaska Oil and Gas Association, Consumer Energy Alliance, Congressman Don Young (NGP Photo) and American Energy Alliance.  (Search our archives for many other Shell Oil [...]

9-28-15 Supplement: Clarification of AGDC Mission

FOR IMMEDIATE RELEASE Contact: Miles Baker, VP External Affairs & Government Relations (907) 321-8650 AGDC Clarifies Status of ASAP Project Federal Environmental Work on In-State Gasline Project Ongoing September 28, 2015 Anchorage, AK – The Alaska Gasline Development Corporation (AGDC) released a statement today clarifying the status of the Alaska Stand Alone Pipeline (ASAP) project. In the last few days, several media outlets have incorrectly reported that the corporation’s board of directors took action to suspend work on the ASAP project during their September 23rd meeting in Anchorage. In a prepared statement, [...]

9-28-15 Shell Abandons Alaska Arctic Exploration

See Our Aussie Energy Expert's Current View On Alaska's Energy 'Leadership' See Senator Lisa Murkowski's Reaction To Shell's Announcement ADN/AP Shell Announcement by Dan Joling/Yereth Rosen Our Commentary On Shell's Alaskan Arctic OCS Exit With Alaska's "Plan B" failing what's wrong with relying again on "Plan A"? by Dave Harbour Alaskans will be seriously questioning the future of their state when they wake up and read the news this morning. This is because Alaska is more than any other North American state or province dependent on oil production and production is down, down, down.   Alaska [...]

9-27-15 “Is Alaska Its Own Worst Enemy?”

Oil Price by Nick Cunningham.  ... ExxonMobil’s CEO Rex Tillerson didn’t mince words in a recent interview with the Energy Intelligence Group. “I have a long history with this, and I always tell every governor of Alaska, ‘You are not waiting on us. You are waiting on you,’” he told the Energy Intelligence Group, as reported by The Alaska Journal of Commerce. “And every governor that comes in decides they’ve got a different way of doing this, which is why it never happens. You can’t take a project that is [...]

By |2016-03-13T03:56:30-09:00September 28th, 2015|Alaska Taxes, LNG|0 Comments

9-26-15

ADN by Nathanial Herz.   ... At a news conference Friday, (Governor Bill Walker) repeatedly ticked through a list of project agreements that the state had failed to reach in its negotiations with the producers, including a commitment from them that they wouldn’t block the pipeline’s construction if they decide to pull out of the partnership with Alaska. CLICK HERE to watch the governor's press conference “If you don’t know your history, you’re destined to repeat it. And that’s the problem we’ve had with the gas line for the past several decades. [...]

By |2016-12-22T22:28:01-09:00September 26th, 2015|Uncategorized|0 Comments

9-25-15 Alaska’s Governor Issues Bombshell Gasline Report

Gasline from Alaska Governor Bill Walker on Vimeo. YOU READ ALASKA GOVERNOR BILL WALKER'S ANNOUNCEMENTS HERE FIRST, YESTERDAY     BELOW IS TODAY'S UPDATE  (Scheduled for completion this weekend) Reader comments: Dave, Dave: "... appreciate your efforts greatly, as do a lot of folks." -From an energy industry journalist. Hi Dave:   Did you ever read the Bizarro World comics??     We are living such in real time I'm afraid.   Cheers!!   Ron Arvin  I always enjoy your newsletter, but your recent re: the NG issues one is special. [...]

By |2016-12-22T22:28:01-09:00September 25th, 2015|AGDC, Alaska Taxes, Commentary, LNG, You Read It Here First|1 Comment

9-24-15 Big TransCanada Layoffs Announced – Alaska Gas Project Agrees to Property Taxes

You'll love this Blog by our Aussie friend; try it here. Suncor (TSX:SU), Canada's largest energy company, boosted its stake in the Fort Hills oil sands project​ ADN by Pat Forgey.  The big oil companies that plan to produce and ship North Slope natural gas have agreed to pay $16.5 billion in property taxes on the huge project, but they'll pay them to the state instead of local governments, Revenue Commissioner Randy Hoffbeck said Wednesday. Financial Post: TransCanada layoffs.   “This past Monday, employees were informed of organizational changes being implemented over [...]

By |2016-12-22T22:28:01-09:00September 24th, 2015|Alaska Taxes, Interstate Gas, Intrastate Gas, LNG|0 Comments

9-23-15 Day of the Papal visit in Washington D.C.

Earlier this week, we received this kind note from a retired industry colleague (NGP Photo) now living in the Austin area.       -dh Hey Dave, Bill Brackin here. Just thought I would drop you a line just to check in. Though I don't say thanks nearly often enough, I really appreciate your continuing and steadfast coverage of the last frontier's last frontier. Though living in Austin, and traveling about this old globe (in Asheville NC as I write), your editorial line-of-sight keeps me connected to Alaska. Deep thanks, [...]

By |2016-12-22T22:28:01-09:00September 23rd, 2015|Enviro-Industrial-Governmental Cabal, Personal|0 Comments

9-22-15 BP’s US and Alaska Economic Reports

See BP's 2015 $135 billion US Economic Impact and Its Alaska Economic Report (Supporting over 24k jobs) Our Commentary Calgary Herald.       Cagary Herald End of year deadline for review of Alberta Energy Regulator, says minister ADN by Pat Forgy.   The North Slope Borough has become fabulously wealthy from taxes on the oil industry and its massive Prudhoe Bay infrastructure.   More.... Reader Commentary by Our Mid-Atlantic Energy Senior Consultant Friend (Reference this Fuel Fix Story by Collin Eaton) Our Commentary While Alaska producers are poised to finance and build a gas pipeline/LNG export [...]

9-21-15

Governor Bill Walker (NGP Photo) wrapped up his final day of meetings to discuss Alaska’s liquefied natural gas potential to prospective customers in Japan.  More from Office of the Governor. ADN Op-Ed by Paul Jenkins.  ... While Gov. Bill Walker was off doing whatever he was doing last week in Japan -- ostensibly trying to peddle Alaska liquefied natural gas he does not own -- he left a fuse smoldering here.  ...  Walker has a penchant for tossing monkey wrenches. He wanted to expand the $10 billion Alaska Stand Alone Pipeline [...]

By |2016-12-22T22:28:01-09:00September 21st, 2015|Interstate Gas, Intrastate Gas, LNG|0 Comments

9-20-15

Comment:  Peninsula Clarion by Rashah McChesney.   It was a friendly gathering, but Alaska LNG project representatives found themselves in the hot seat on Thursday during the first of two informal community meetings planned in Nikiski. For two hours, community stakeholder adviser Josselyn O’Connor and socioeconomic adviser Mark Jennings fielded questions ranging from  Yesterday's Forum On Alaska's Fiscal and Economic Future verified that Alaska has no consensus for avoiding the fiscal cliff. Alaska's future is the product of its own decisions, and that future looks dire. Only exceptional leadership can [...]

By |2016-12-22T22:28:01-09:00September 20th, 2015|Alaska Taxes, Commentary, LNG|0 Comments

9-19-15

Globe and Mail, by OSAMU TSUKIMORI.  Alaska could pay $70-million (U.S.) to $100-million for TransCanada’s 25 per cent stake in the midstream and upstream sectors of the proposed Alaska liquefied natural gas (LNG) project, Governor Bill Walker said on Thursday. Walker has recommended to legislators that the U.S. state should buy the stake, adding to a similar stake in a planned liquefaction plant and giving it a quarter share of the giant 20 million tonnes per annum export project.  More....

By |2016-03-13T03:55:25-09:00September 19th, 2015|LNG|0 Comments

9-18-15 “Who’s On First?”

Petroleum News.  With Premier Christy Clark at the helm, the British Columbia government entered a two-day summit on Sept. 9 with about 500 First Nations leaders hoping to bridge the chasm on future economic, social and legal relations. Walker Returns to Japan To Market Gas He Does Not Control (But Japanese hospitality is so impressive!) Alert: Alaskans Concerned about a nearly 50% gap between state income and spending should attend Tomorrow's Forum On Alaska's Fiscal and Economic Future!  Here's the program and here's how to watch live. For additional reference, [...]

By |2016-12-22T22:28:01-09:00September 18th, 2015|Alaska Taxes, Alaskanomics, Arctic Policy, Commentary|0 Comments

9-17-15 Went fishing in El Cajas today…

...bud did not forget our responsibility to contribute to the archives: Calgary Herald by James Wood and Dyland Robertson.  Sparks flew over issues of energy development, pipelines and carbon emissions as federal leaders debated the fragile state of the Canadian economy in the hard-hit heart of the oilpatch.  More....

By |2016-03-13T03:55:25-09:00September 17th, 2015|Uncategorized|0 Comments
Go to Top