Alaska Gasline Development Corporation: Governor seeks qualified individuals to serve on the inaugural governing board of the Alaska Gasline Development Corporation, a state corporation tasked by the Alaska Legislature to advance a large-scale natural gas pipeline project.  (Our earlier lead.)

This morning’s headlines are for those who believe Alaska can have the highest oil taxes and still remain competitive in the world market.  Wouldn’t the evidence below be enough to prevent any critical thinker from signing a petition to repeal Alaskan oil tax reform?  -dh

1.  EIA estimates now that there may be 10 times more recoverable shale oil than projected in 2011.

2.  Money Morning.  Thanks to the technological innovation that is "fracking" shale gas, North America is dealing with a supply glut.  That has weighed on natural gas prices in this part of the world, keeping them at multi-year lows, currently trading at $4 per million cubic feet (Mcf).  In contrast, Asian spot LNG prices have held around $14 per Mcf, and South Korean demand could well push them to the $15 – $16 per Mcf range.  Europeans are paying about $10-$11 per Mcf.

CBC.  Alberta Premier Alison Redford brought her sales pitch for her province’s oil to New Brunswick on Friday as she addressed the legislative assembly and the business community in Saint John.