Petroleum News. Faced with rising costs and uncertain about the impact of a proposed tax, some of the biggest LNG players in British Columbia are on the hunt for partners as they voice concern about the province’s ability to compete with other export countries.
Weekend Energy Clips: FuelFix (blog): The War on Energy is Underway, Op-Ed by David Holt (NGP Photo) ... Far too often energy consumers are confronted by organizations which promote one narrow view. The answer is always the same: No. No to ANWR; No to Keystone XL; No to the Gulf. No to wind. No to transmission lines. Anti-development activists see only a binary world. Do nothing or face disaster. These narrow views are contrary to the attitudes that have driven America to succeed. As a country, Americans have long prided [...]
Gas Pipeline Testimony of North Slope Borough Mayor, Charlotte Brower, Delivered Yesterday (March 6, 2014) To The Alaska State Senate Finance Committee Regarding SB 138. Good morning Co-chairman Kelly, Co-chairman Meyer, and Senators. My name is Charlotte Brower (NGP Photo). I am honored to be the Mayor of the North Slope Borough, the wife of a whaling captain, and am blessed with six children and twenty-five grandchildren. Thank you for the opportunity to speak on SB138, a bill that authorizes the State of Alaska to move forward on developing a [...]
This week Chairman of the U.S. House of Representatives Natural Resources Committee, Doc Hastings (NGP Photo), provided a comment on President Obama's proposed budget: “The President’s budget once again taxes too much and spends too much, while not doing enough to create jobs and grow our economy. The budget also fundamentally fails to recognize that responsibly harnessing and maintaining our natural resources can actually save taxpayer dollars and bring in new funds to the federal treasury. “Instead of imposing new taxes and fees on American energy, let’s open new areas [...]
Tough competition expected among new LNG projects by Bill White, Office of the Federal Coordinator bwhite@arcticgas.gov [1] March 4, 2014 Bill White and Office of the Federal Coordinator, under leadership of Larry Persily, provide a useful service to government and industry with scholarly essays on issues and facts related to disposition of Alaska North Slope Gas. In this piece, White carefully analyzes various aspects of Alaska LNG competition. Please also see our 2-12-14 commentary on the same subject. -dh HOUSTON — Too many potential liquefied natural gas export projects are chasing the expected [...]
BP today announced its intention to establish a separate business to manage its onshore oil and gas assets in the US Lower 48. See today's Globe & Mail piece on Asian LNG competition for price Comment: Yesterday we noted that two legislators are planning for a new oil revenue stream should voters adopt an August Primary Ballot proposition to repeal oil tax reform. That revenue stream will be based on a new policy emphasis on state investment and equity into oil and gas exploration and development projects. These are the [...]
Peninsula Clarion (Morris News Service/Alaska Journal of Commerce), by Tim Bradner (NGP Photo, at Nikiski LNG Terminal). Minority Democrats in the Legislature unveiled their vision of an oil tax system should voters this summer roll back the tax structure lawmakers approved last year. . . . “There are (state) entities around the world that own a share of their oil industry (through state oil companies) and I have confidence that we have the ability to do this,” said Sen. Bill Wielechowski (NGP Photo). . . . “The governor’s giveaway is a [...]
From Forbes Opinion by Peter Ferrara Dear Readers: We have documented excesses in policy and deficiencies in decision making owing to the 'global warming' faith crowd. Still, we must prize facts and science over politics in our search for 'Endless Progress'. In this spirit, we ask our more knowledgeable friends to help us with a response or rebuttal to this reaction to Ferrara's commentary. -dh (Our Comment: The Obama Administration departments -- including DOD -- base many changing policies on a bureaucratic faith in the siren calls of global warming. [...]
Retired Executive Director of the Alaska Miners Association, Steve Borell, sent this pipeline map of the troubled Ukraine today, saying, "If you want to understand this mess very quickly, just look at the map." Thank you, Steve. Clearly, Russia has leverage over Ukraine. Depriving Ukraine of energy supplies or reasonably priced energy could deal a devastating economic blow to the struggling country. The map also illustrates the importance of the United States and Canada reasonably developing their own energy resources. Energy is the building block of an economy and all [...]
Early Thursday News: This morning, we board our favorite airline, Alaska (NGP Photo, "Rockey Mountain High"), heading to Miami then on a wonderful partner airline (American) bound for writing and photography in Ecuador for a few weeks. Never fear, dear reader: every day we keep close in touch with goings on in the energy scene through our friends and associates from Inuvik to Calgary, Toronto, Washington, Houston, Williston, Juneau, Anchorage, Faribanks and Barrow...and beyond. You are our priority, and we'll keep you informed! -dh Juneau Empire by Matt Woolbright. Leaders [...]
Governor Sean Parnell (NGP Photo) is former Chairman of the OCS Governor's Coalition. This week we learned that Virginia's new governor, democrat Terry McAuliffe, has joined the coalition. The governors are urging Interior Secretary Sally Jewell to open OCS areas for oil and gas leasing that the Administration has, to date, kept closed. Dear Readers: Our friends at the Resource Development Council (RDC) for Alaska have asked Alaskans (and our Canadian readers, too; why not?) to make their voices heard in support of the Keystone XL Pipeline. Why? Because North American [...]
Today, we learned that the Board of Directors of Bristol Bay Native Corporation has urged shareholders to support Alaska's tax reform bill, SB21 and vote against repeal in the August primary election. (Website). -dh Globe & Mail. Spanish oil major Repsol SA says its board of directors has approved a definitive $5-billion (U.S.) settlement from Argentina. Repsol is a new Alaska North Slope company which, after the Argentina adventure, are seeking a more productive experience in the far North. As we wrote in October, the jury is still out on Repsol's [...]
Related PNA Story. ConocoPhillips Alaska has added another project to those it has announced since passage of oil tax reform by the Alaska Legislature last spring. Petroleum News by Eric Lidji. The Institute of Social and Economic Research at the University of Alaska Anchorage expects oil and gas companies to spend some $4.255 billion this year in the state, almost half of the $9.1 billion in total construction spending the researchers expect this year. EETV VIDEO. How are local hydraulic fracturing bans affecting natural-gas-intensive industries? During today's OnPoint, Jennifer Diggins [...]
On February 19th, Commonwealth North hosted the UAA Seawolves Debate Team to debate both sides of the question, "Should the State of Alaska take an ownership stake in a North Slope gas pipeline project?" The team did an excellent job of representing both sides of this important public-policy issue. The debate was both entertaining and informative and was also the beginning of a series of forums Commonwealth North will hold to present an in-depth analysis of possible State participation in a North Slope gas pipeline project. Over the next several months, [...]
Lindsay Williams alerts us that Alaska Senate Resources Committee Chairman Cathy Giessel (NGP Photo) will hold a hearing Monday morning from 8-8:50 a.m. on SB 138 Gas Pipeline, AGDC, Oil & Gas Production Tax. Globe & Mail. Prime Minister Stephen Harper was again rebuffed in his bid to press U.S. President Barack Obama to approve the controversial Keystone XL pipeline when he raised the issue during a North American leaders’ summit in Toluca, Mexico. *** Globe & Mail. Tracts of land that had been set aside for reindeer grazing [...]
.jpg)
.jpg){kind=spacer}
.JPG)
.jpg)
.JPG)
.jpg){kind=link}
.jpg){kind=link}
.JPG){kind=link}
.jpg){kind=link}
.JPG){kind=link}
