August 2016 - Northern Gas Pipelines

8-31-16 Big Prudhoe Bay Decision Tomorrow: Free Enterprise or Socialized Enterprise?

ExxonMobil Withdraws from Proposed LNG Facility in Alaska, U.S. supermajor, ExxonMobil Corporation XOM, has decided against ... stake through the state-ownedAlaska Gasline Development Corp (“AGDC”). Yahoo Finance Exxon Backs Out of LNG Project in Alaska, The Founders Daily. The energy corporation decided not to invest in the next stage of the ... stake through Alaska Gasline Development Corp—a state-owned company. Oil discoveries at 70-year low signal supply shortfall ahead. Explorers in 2015 discovered only about a tenth as much oil as they have annually on average since [...]

By wpnorthern|2016-12-22T22:26:56-09:00August 31st, 2016|Commentary, Interstate Gas, Intrastate Gas, LNG, Uncategorized|0 Comments

8-30-16 Alaska Once Thought (Erroneously) It Was Impervious To Competition – Alberta Is Learning The Same Lesson

Learn From History, Not The Hard Way by Dave Harbour An oil patch can become so proud of itself that it loses the competition, snatching defeat from the jaws of victory. How does it do this? A fossil fuel producing area becomes uncompetitive by jacking up taxes and royalties to the maximum. Then it uses that largess taken from hapless investors to build great bureaucracies and entitlement systems. Politicians, socialist and environmental activists use "community organizing techniques" to form movements against big bad (wealth producing) fossil industries. [...]

By wpnorthern|2016-12-22T22:26:56-09:00August 30th, 2016|Alaska Taxes, Commentary, Enviro-Industrial-Governmental Cabal, Federal Obstruction, Interstate Gas, Intrastate Gas, LNG|0 Comments

8-29-16 Both Alaska and Canada Confront Economic Challenge

David Blackmon, NGP Stock Photo by Dave Harbour Alaska Headlamp. Might as well wave the white flag. In another piece, Forbes contributor David Blackmon argues that the DOI Five-Year plan marks a "surrender" in US Arctic policy. According to Blackmon, "As Russia gears up to dominate the Arctic region, having created the world's largest fleet of ice-breaking ships and even going so far as to plant its national flag at the North Pole, DoD officials have let it be known that... Frasier Institute: Taxes, not basic necessities make [...]

By wpnorthern|2016-12-22T22:26:56-09:00August 29th, 2016|Alaska Taxes, Commentary, Interstate Gas, Intrastate Gas, LNG|0 Comments

8-28-16 Alaska Gas Pipe Dream Demise?

State takes control of gas line megaproject; consultant warns of major risks KTOO (Photo by Rachel Waldholz, Alaska's Energy Desk) ... The new head of the Alaska Gasline Development Corp., Keith Meyer, said he's considering two ... Grim news for gas pipeline Juneau Empire (subscription) Over the past year, representatives of the Alaska Gasline Development Corporation have promoted the notion that the state itself could take over total ...

By wpnorthern|2016-12-22T22:26:56-09:00August 28th, 2016|Alaska Taxes, Interstate Gas, Intrastate Gas, LNG|0 Comments

8-27-16 More Bad Gas Pipe Dreams

Exxon Mobil Backs Out of Proposed Alaska LNG Project Wall Street Journal Bill Walker has sought to advance the long-delayed project by taking a direct stake through the state-ownedAlaska Gasline Development Corp. Legislators lukewarm on BP support of state-led gas project - Alaskajournal.com State considers taking over Alaska LNG project - Argus Media Full Coverage State takes control of gas line megaproject; consultant warns of major… Alaska Public Radio Network Keith Meyer, the new head of the Alaska Gasline Development Corp., said he's considering two major

By wpnorthern|2016-12-22T22:26:56-09:00August 27th, 2016|Alaska Taxes, Interstate Gas, Intrastate Gas, LNG|0 Comments

8-26-16 Alaska Governor’s Pipe Dream Exposed!

Our editorial on this subject coming later Monday.... Later today, we will address the subjects raised in this news release, issued yesterday: Alaska Governor Bill Walker, NGP file photo by Dave Harbour Governor Walker’s statement on this week’s Joint Senate/House Resources Committee hearing on the status of the AK LNG project: I appreciated the testimony by world renowned energy analyst Wood MacKenzie on the viability of the current AK LNG project. This independent analysis, contracted by our producer partners and AGDC, indicated that the traditional model [...]

By wpnorthern|2016-12-22T22:26:56-09:00August 26th, 2016|Alaska Taxes, Commentary, Interstate Gas, Intrastate Gas, LNG, Uncategorized|0 Comments

8-25-16 Alaska’s LNG Project Is Not Currently Feasible

Commentary for our readers: This is not the time to mortgage our state to one man's infeasible Pipe Dream! Yesterday, we addressed the World Trade Center - Anchorage on the subject of "Alaska's Pipe Dreams". Tomorrow we will provide readers with our notes and research for that presentation, along with many links. Our audience yesterday learned why the evidence demonstrates that, NOW IS NOT THE TIME FOR ALASKA LNG. Citizens are facing economic disaster if they support the current governor's Pipe Dream of an unproven, uneconomic nationalized LNG project run [...]

By wpnorthern|2016-12-22T22:26:56-09:00August 25th, 2016|Alaska Taxes, Commentary, Interstate Gas, Intrastate Gas, LNG|0 Comments

8-24-2016

NorthernGasPipelines, A Tweet you were mentioned in got retweeted! Jason Brune @jasonbrune My good friend & fellow transition team co-chair @daveharbour gave a great talk today on Alaska's gas pipeline dream pic.twitter.com/EL5i1a5Ka9 10:00 PM - 24 Aug 16 Retweeted by Renee Limoge Reeve @ReneeLReeve To 166 followers.

By wpnorthern|2016-12-22T22:26:57-09:00August 25th, 2016|Uncategorized|0 Comments

8-23-16 Gas Transportation Tops Alaska’s Agenda This Week!

This is a big week for Northern Gas Pipelines: we address the World Trade Center on Wednesday. On the same day, Alaska State Senate Resources Committee Chairman, Cathy Giessel kicks off two days of hearings that probe the Administration's scheme to put Alaska at risk by assuming control over an economically unproven, $55 billion gas pipeline/LNG project. -dh Alaska's Pipe Dreams | Dave Harbour | August 24 WORLD TRADE CENTER ANCHORAGE Meet & Brief Luncheon August 24 Speaker: Dave Harbour Publisher Northern Gas Pipelines Topic: Alaska's Pipe Dreams Date: August 24, 2016 (Wednesday) Time: [...]

By wpnorthern|2016-12-22T22:26:57-09:00August 23rd, 2016|Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, Commentary, Competition, LNG|0 Comments

8-22-16 Alberta: Eco Destruction From Within

How Alberta's Carbon Emission Cap Will Reduce Oil Sands Growth Summary The Alberta government has proposed implementing a 100 megatonne (Mt) cap on greenhouse gas (GHG) emissions that result from oil sands operations. This paper estimated future emissions levels from oil sands production using oil sands production forecasts to 2040 from the National Energy Board. Based on estimates of future production, this policy has the potential to constrain future oil sands production. In a scenario based on current emissions intensity levels, the policy could reduce cumulative production between 2025 [...]

By wpnorthern|2016-12-22T22:26:57-09:00August 22nd, 2016|Uncategorized|0 Comments

8-21-16 Government Pipeline Results = Government Seafood Plant Results?

Just think fish plant Alaska Dispatch News added by Editor on August 21, 2016. Saved under Editorial Fish plant. Just think fish plant when you hear about the state taking the reins of the $55 billion Alaska LNG Project that aims to move North Slope gas south for liquefaction and then shipment to Japan. Fish plant. That long ago boondoggle cost Alaska $50 million and now the state – not unlike governments everywhere – wants to embark on something best left to private interests where being accountable – Sarah Palin [...]

By wpnorthern|2016-12-22T22:26:57-09:00August 21st, 2016|Uncategorized|0 Comments

8-20-16 For Next Week’s Calendar: ALASKA’S PIPE DREAMS

Alaska's Pipe Dreams | Dave Harbour | August 24 WORLD TRADE CENTER ANCHORAGE Meet & Brief Luncheon August 24 Speaker: Dave Harbour Publisher Northern Gas Pipelines Topic: Alaska's Pipe Dreams Date: August 24, 2016 (Wednesday) Time: 12:00 - 1:00PM Location: WTC Conference Room Cost: $30 members / $35 non-members (includes lunch) About Dave Harbour: Dave Harbour is publisher of the Northern Gas Pipelines blog, created 15 years ago. He has served as director or vice president of public, governmental or external affairs for the 26 member Arctic Gas Consortium, Northern Natural Gas of Omaha, Atlantic [...]

By wpnorthern|2016-12-22T22:26:57-09:00August 20th, 2016|Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, Commentary, Federal Obstruction|0 Comments

8-19-16 It Is Confirmed: Alaska’s Governor Moves To Socialize Uneconomic LNG/Gas Pipeline Project

Note our focus in yesterday's post on Alaska's and Alberta's move toward socialism...and on the plight of Venezuela's chaotic socialist economy State ... will soon take over Alaska LNG by: Alex DeMarban The state gas line corporation on Thursday laid out a timeline for taking over the massive Alaska LNG project by year's end. The board also approved the opening of a state office in Houston, Texas, that will be much smaller than the combined project's current 120-person office there, where officials said activities are slowing. ExxonMobil, BP and ConocoPhillips in recent [...]

By wpnorthern|2016-12-22T22:26:57-09:00August 19th, 2016|Uncategorized|0 Comments

8-18-16 Will Alaska (and Alberta) Go the Way of Venezuela and Argentina: Never Say Never!

(See our mid-Atlantic energy analyst friend's Venezuela commentary next story below) With Competent Leadership Alaska's Future Could Still Be Prosperous by Dave Harbour Alaska brings in less than half the price for oil needed to have a current balanced budget. Up to 90% dependent on oil revenue, the state has worked itself into a $3-4 billion annual budget deficit. State leaders seeking the 'easy way out' are funding the deficit by taking money from the next generation. How? They are depleting savings accounts and passing on tax credit obligations to [...]

By wpnorthern|2016-12-22T22:26:57-09:00August 18th, 2016|Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, Canadian Energy Policy, Commentary, Competition, Interior Energy Project (IEP), Interstate Gas, LNG|0 Comments

8-17-16 Who Wants To Invest In Cook Inlet?

Those interested in gas supply for Alaska's largest population center will want to note our commentary on this subject, 2012. We would also observe that the Administration's desire to supply gas to Fairbanks from what may well be a dwindling Cook Inlet supply, could endanger gas ratepayers in both Fairbanks and Southcentral Alaska. -dh Alex DeMarban NGP File Photo, by Dave Harbour Alaska Dispatch by Alex DeMarban. For the past decade, a lack of industry interest has prompted the federal government to cancel several proposed lease sales in Cook [...]

By wpnorthern|2016-12-22T22:26:58-09:00August 17th, 2016|Commentary, Interior Energy Project (IEP), Uncategorized|0 Comments