Andrew Halcro Thinks He knows (NGP Photo, Larry Persily). Here's the ADN story by Erika Bolstad. Federal Coordinator Web Page. For our readers: Who: House Special Committee on Energy What: Testimony from Alaska Mayors on a Statewide Energy Plan When: Tuesday, November 17, 2009 from 3 :00 – 5 :00 p.m. Where: Anchorage LIO, 716 W 4th Ave., room #220
Today, members of the National Association of Regulatory Utility Commissioners (NARUC)--meeting in Chicago--were scheduled to hear a report on the findings of a study to determine the social, economic and environmental costs of not developing oil and gas resources from federal moratoria areas. NARUC Commissioner Emeritus Dave Harbour presented the findings with energy consultants representing SAIC and GTI to the NARUC Gas Committee chaired by S.C. Commissioner O'Neal Hamilton. . Since results are embargoed until after the meeting, they will appear here in tomorrow morning's report. Mayors from all four [...]
ADN. The full AGIA analysis available. I'm the author of the analysis that the Daily News critiqued in its Nov. 8 editorial, "Certain Failure?" The article, called "Why America May Not See Alaska Natural Gas Soon," a critical evaluation of AGIA's prospects for success, was published in the September 2009 Journal of Economic Issues. Roger Marks (NGP Photo) National Post by Carrie Tait. U.S. officials hoping to build the Alaska gas pipeline, considered a rival project to Canada's long-delayed Mackenzie Valley pipeline, met with Jim Prentice (NGP Photo-r), the federal Environment [...]
See Our Editorial Below: "Environmental and Alaska Native Extremists Are Sowing Seeds for Alaska's Economic Destruction" ADN by Sean Cockerham. The nonprofit, Alaska House New York, opened in September 2008, in a 3,000-square-foot space in the Soho neighborhood of Manhattan. Until now, it has been privately financed by founder Alice Rogoff, a wealthy advocate of Alaska Native art. She describes it as an effort to promote the state's business and culture as well as sell art. "I did this because I thought it was really important, not just for the [...]
To Our American Readers (Learn about Canada's Remembrance Day): Please watch this with the family: http://itm.edgeboss.net/wmedia/itm/video/broadcast/2009/091108.wvx Faithfully, DH P.S. ...and then, there is this: http://www.clermontyellow.accountsupport.com/flash/UntilThen.swf - Amen.
ADN. State Rep. Jay Ramras (NGP Photo), R-Fairbanks, said he plans to seek a legal analysis to determine if the Alaska Gasline Inducement Act of 2007 -- designed to spur North Slope natural gas development -- could thwart construction of a small-scale, in-state natural gas pipeline. Two years ago, the state signed contracts to help pipeline company TransCanada Corp. begin building a large natural gas pipeline. The act commits the state to work only with TransCanada, and Ramras questioned the penalty Alaska might face if it uses financial incentives to [...]
ADN Editorial. This year, the Legislature and then-Gov. Sarah Palin funded a comprehensive study of in-state gas issues, including the feasibility of a bullet line. "The state is really leading that effort now," though Enstar is participating in it, says John Sims, the company's director of corporate communications. "Enstar has shifted our focus to our short term strategy. We have needs that have to be met in 2011, and obviously there's no way a bullet line would meet those needs." There are good reasons talk about the bullet line has [...]
KSKA. Soon after BP and ConocoPhillips announced plans to combine resources to start Denali – The Alaska Gas Pipeline in April 2008, Bud Fackrell (NGP Photo) was appointed president of the project, which would eventually ship 4 billion cubic feet of natural gas a day from the North Slope to the Lower 48, Alaska and Canada. His talk, “Denali – an update on the Alaska gas pipeline project: a world class effort with global implications” was recorded on Friday October 30th at the Alaska World Affairs Council. Google Earth Movie: Denali Virtual Tour Community Forum: Denali Pipeline (19 [...]
ADN by Elizabeth Bluemink (NGP Photo). Scientists say Alaska's Arctic waters could hide a massive storehouse for oil and natural gas, estimated to nearly rival the onshore discoveries of the North Slope. Betting on that, Shell two years ago spent more than $2 billion to obtain leases in the two seas and mobilized hundreds of millions of dollars' worth of equipment to Alaska. But after spending all that money, the oil company has been stymied. Environmentalists and North Slope governments sounded the alarm about potential impacts on bowhead whales and [...]
Alaska Gas Pipeline Coordinator, Mark Meyers (NGP Photo), issued a report documenting status of projects. Here is his cover letter and here is his full report. See ADN story by Elizabeth Bluemink. The Alaska Department of Natural Resources on Tuesday issued a 51-page report detailing work so far by TransCanada Corp. and Exxon Mobil, the two companies attempting to develop the pipeline under a state license, which requires the state to reimburse up to $500 million of the cost of the multibillion-dollar project. The two companies now have 100 people working [...]
ADN by Elizabeth Bluemink (NGP Photo). "All of a sudden, we are going from the abstract to the real," saidMark Myers (NGP Photo), a state official overseeing the project of TransCanada Corp., the Canadian pipeline company that won the state's license. In June, TransCanada began working with Exxon Mobil, the third major North Slope producer, on its project. Critics of the state's approach, however, predict that no one will commit their gas next year and that millions of dollars in public money will be wasted over the next [...]
Financial Post. Companies backing a $16.2-billion Canadian Arctic gas pipeline continue to pursue the long-delayed project despite a report that a federal cabinet committee has balked at providing a financial support package, company executives said Friday. The senior officials at Imperial Oil Ltd , the project's lead partner, and Exxon Mobil Corp offered no details on the status of talks with Ottawa, however, or on exactly what the committee may have rejected. "We're continuing to work with the federal government of Canada to set up an appropriate fiscal regime to [...]
General Northern Gas Pipeline-related News From Canada Reuters. Exxon Mobil Corp (XOM.N) continues to work on advancing the C$16.2 billion ($15 billion) Mackenzie Valley gas pipeline, a senior executive of the U.S. major said on Friday. Andrew Swiger, senior vice-president at the world's largest publicly traded oil company, said at a Calgary presentation that the company, one of five partners in the planned line to carry natural gas from the Canadian Arctic to southern markets, is still advancing the project. * Imperial Oil profit sags on low prices, [...]
Fairbanks News Miner, by Dermot Cole. The Calgary newspaper quoted Doug Matthews, a Calgary energy consultant, as saying the latest news is not good for the pipeline. “The way the feds have handled this hasn’t exactly basked themselves in glory,” he said. “I hate to be negative, but there’s a whole bunch of things piling up against it. I can’t say I’m optimistic.” The newspaper said, “Market observers said Mackenzie gas has essentially priced itself out of the market. The pipeline, which was originally expected to cost about $7 billion, skyrocketed [...]
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