ALERT: Plan today for three of the most important energy conferences to convene in Alaska this season: 1. The United States Association of Energy Economists Annual Conference,
July 28-31, Anchorage, featuring a world-class line up of speakers. The impressive agenda begins with opening session speakers Fran Ulmer (NGP Photo, Chair, U.S. Arctic Research Commission), Thomas Barrett (NGP Photo-R, President,
Alyeska Pipeline Service Company), and Roland George (NGP Photo, National Energy Board of Canada); and, 2. Resource Development Council for Alaska Annual Luncheon in Anchorage, June 26, with Keynote Speakers: Consumer Energy Alliance President David Holt and BP Exploration (Alaska), Inc. President, Janet Weiss. 3. The 9th Annual Alaska Oil & Gas Congress featuring your author and an all-star cast, September 16-19!
| CBC News. Two new liquefied natural gas facilities will be built in northwestern B.C. in the next two years by Malaysia’s national oil company, Petronas, which announced Tuesday that it will spend up to $16 billion on the projects. |
A non-profit corporation, Arctic
Power, continues to educate old and new Members of Congress about Alaska’s oil and gas potential. In a recent letter (i.e. linked here), Charisse Millett (NGP Photo) discusses citizen support for developing a small, Congressionally approved section of the Alaska National Wildlife Refuge (ANWR) for oil and gas exploration and development. (Disclosure: your author was one of the three original incorporating citizens of Arctic Power, and suggested the name in memory of his previous employer, Alaskan Arctic Gas Pipeline Company.) -dh
Today’s Energy News Links:
Forbes: Railroad Commission Is Vital To Texas’ Ongoing Economic Success – Simply put, the industry can’t remain prosperous and highly active unless it has the public trust. Having an effective regulator and set of regulations around the industry’s activities is one of the most critical aspects to maintaining that public trust.
Wall Street Journal: EIA: Shale Fields May Hold 10% of World’s Crude Oil, 32% of Gas Reserves – Ten percent of the world’s recoverable crude-oil reserves and nearly one-third of natural-gas reserves may be held in shale formations in the U.S. and in dozens of other countries where exploitation of resources trapped in the rock is in the early stages, according to a U.S. government report released
Monday.
Bloomberg: Shale boom curbs OPEC’s grip as Saleri sees $120 oil cap – Technological advances to harness shale resources will curb OPEC’s influence in the oil market and cap crude prices at $120 a barrel, said Nansen Saleri, former head of reservoir management at Saudi Arabian Oil Co.
Houston Chronicle: States target hydraulic fracturing with bans, fines – As the North American natural gas boom continues, state legislators across the country have targeted hydraulic fracturing for new regulations, proposing a range of 50 bills involving bans, moratoriums and increased disclosure requirements, according to a new Colorado State University study.
POLITICO Pro: Natural gas will help spur economic recovery – Natural gas is helping to spur the U.S. economic recovery. Thanks to abundant, affordable and reliable domestic natural gas, American homeowners are enjoying lower utility bills and manufacturers are returning to the U.S. instead of exporting jobs and plants to foreign countries. At the same time, greenhouse gas emissions are at their lowest levels since the 1990s thanks in large part to the shift to natural gas from other fuels.
Houston Chronicle: Canadian ambassador: Alberta’s oil sands crude ‘will get to market’ – Companies will keep harvesting bitumen from Alberta’s oil sands, even if a pair of pipelines through North America are blocked, Canada’s U.S. ambassador says. That “oil will get to market,” Ambassador Gary Doer said on Platts Energy Week. The only question is how it gets there, Doer said. “The oil isn’t staying in the ground. It is going to get to the Gulf Coast.”
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