Calgary Herald by David Marsden. ... What we are quibbling about is the depths of Obama’s hypocrisy.  The Keystone XL pipeline would not add to the United States’ consumption of oil. From the U.S. House Resource Committee re: Threat to Half Of America's Fruits, Vegetables and Nuts Today the House will act on legislation to provide relief to farmers and help return water flows to the Central Valley.  (See our earlier story of the effect of national energy policy on California and Colorado food production.  -dh)  Fuel Fix.  Former [...]

Houston Chronicle.  ConocoPhillips completed its first full year as an independent producer with a 74 percent hike in fourth-quarter earnings, driven largely by sales of overseas assets as the company turns its focus to North American shale. (Here is the 2013 fourth quarter Alaska earnings review. “The fourth quarter of 2013 is similar to what we have seen historically under ACES where we pay about twice as much in taxes as we keep,” said Bob Heinrich, vice president finance, ConocoPhillips Alaska.  “The recent oil tax reform passed by the Legislature, which [...]

Oil and Gas Journal, by Christopher E. Smith.  ExxonMobil Corp., BP PLC, ConocoPhillips, TransCanada Corp., Alaska Gasline Development Corp. (AGDC), and Alaska's commissioners of natural resources and revenue have signed a heads of agreement (HOA) for the Alaska LNG Project, laying the commercial framework for development of an 800-mile natural gas pipeline to transport production from the Alaska North Slope (ANS) to a 15-18 million tonne/year LNG plant on its south-central coast. The HOA is subject to public review by the state legislature this session. Alaska Gov. Sean Parnell (NGP [...]