Globe & Mail by Eric Reguly.  Oil prices fell as much as 2 per cent on Monday (Today), after Iran reached a deal with six world powers….  Petroleum News.  Troubled times in Canada – 11/24/2013  Obstacles piling up in front of Canada's petroleum industry and its government allies are accumulating so rapidly that hopes of exporting …​

ADN Commentary by Paul Jenkins re: Repeal of Oil Tax Bill Sheffield, Governor, Alaska Oil Tax Reform, SB 21, Photo by Dave HarbourReform: Tony Knowles, Governor, Alaska Oil Tax Reform, SB 21, Photo by Dave Harbour

"Two former Democratic governors, Tony Knowles (NGP Photo-r) and Bill Sheffield (NGP Photo-l), have expressed opposition to any repeal. Just about everybody running for important state offices — from governor on down — is on record for or against the repeal."  (NOTE: We urge readers who haven't already, to review the Competitiveness Review Board presentation given friday to Commonwealth North.  Our tax commentary for many years is founded on the principle that Alaska must be competitive to survive, economically.  This technique is one effective way of calculating competitive positioning as a factual basis for tax and regulatory decision making.  We believe that while SB 21 is a step in the right direction to become less uncompetitive, Alaska will have to do more to attract the tens of billions of dollars needed to reverse the downward economic trend.  The new 'Board' has the economic future of Alaska resting on its forthcoming decisions and recommendations.  -dh)

Another News Miner Community Perspective on Mining, by Kyong Hollen.  

The first bar of gold was poured in 2006 and production has been steady ever since.

This has meant not only benefits to the company, but jobs for Alaskans, business for suppliers, added revenue to the state and philanthropic scores for Delta Junction, Fairbanks and the University of Alaska Fairbanks. In fact, Pogo recently pledged $1 million to UAF for a mining engineering endowment that will allow graduate students to work on long-term projects. 

More here….

Fairbanks News Miner, Alliance Leader, Rebecca Logan (NGP Rebecca Logan, Alaska Support Industry Alliance, Mining Jobs, Anglo, Pebble, Photo by Dave HarbourPhoto), Speaks Out On Mining Benefits.  "Anglo American’s recent departure from the Pebble Mine project has generated contentious debate throughout the state and in our nation’s capital about the future of domestic mining.  …  It’s a hard pill to swallow considering that our nation’s $6.2 trillion worth of mineral resources could be developed responsibly, generate economic growth, support new high-paying jobs and strengthen domestic industries.  … just look at the more than 9,500 Alaskan jobs the mining industry supported last year alone. These jobs are among the highest paying in the state with an estimated average annual salary of $100,000 — more than twice the state average. Mining not only creates jobs at mine sites, but also supports local businesses, generating employment at grocery and supply stores, auto dealerships and hotels.  …  Mining supported nearly 2.2 million American jobs and contributed $232 billion to the nation’s GDP in 2011 alone. The very minerals mined here in Alaska and throughout the United States are essential elements to nearly every domestic manufacturing chain, from the automotive sector to defense and renewable energy. Minerals supply our industries with the raw materials they need to continue churning out innovative American products.  More here….