1-30-14 Shell Delays 2014 Arctic Exploration

Bill Walker, Governor Candidate, Craig Richards, Sean Parnell, Dave Harbour Photo

Alaska Dispatch Commentary Sean Parnell, Bill Walker, Governor Candidate, Craig Richards, Dave Harbour Photo

by Craig Richards, advisor to Bill Walker (NGP Photo-l), candidate for governor. Gov. Sean Parnell's (NGP Photo) new gas pipeline approach reminds me of Edmund Burke’s admonishment that those who don't know history are doomed to repeat it.

Department of Natural Resources Division of Oil and Gas today released its annual Five-Year Program of Proposed Oil and Gas Lease Sales for the period 2014 to 2018.

Governor proposes royalty oil sale extension for Tesoro.

Lisa Murkowski, U.S. Senate, Crude Oil Export Ban, Photo by Dave Harbour U.S. Sen. Lisa Murkowski (NGP Photo) today reiterated her call for the Obama administration to end the prohibition against exporting crude oil produced in the United States to spur job creation and increase the nation’s energy security.

Ron Wyden, Lisa Murkowski, Crude Oil Export Ban, Energy Impact on Consumers, Dave Harbour Photo Energy and Natural Resources Committee Chairman Ron Wyden (NGP Photo), promised to make sure impacts on American employers, consumers and families are at the forefront of any discussion about exporting crude oil, in a hearing today.

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Shell Announcement: Ben Van Beurden (Company Photo), who became the new CEO of Royal Dutch Shell plc (“Shell”) on 1 January 2014, said Shell’s strategy overall is sound. … The recent Ninth Circuit Court decision against the Department of the Interior raises substantial obstacles to Shell’s plans for drilling in offshore Alaska. As a result, Shell has decided to stop its exploration programme for Alaska in 2014. “This is a disappointing outcome, but the lack of a clear path forward means that I am not prepared to commit further resources for drilling in Alaska in 2014,” van Beurden said. “We will look to relevant agencies and the Court to resolve their open legal issues as quickly as possible.” …