ADN by Lisa Demer. ... Black & Veatch just completed a $424,000 study for the Parnell administration on the economics of a gas project that suggests significant state investment of $9 billion to $13.5 billion could make the project happen....
House Supports States Rights; National Ocean Policy Council Urges Fund Cutoff for White House Overreach; Commonwealth North Reviews Oil Tax Competitiveness Globe & Mail Names Promising Energy Stocks Today, Senator Lesil McGuire (NGP Photo) discussed the Competitiveness Review Board component of SB21, the oil tax reform bill passed in the last legislative session. Commonwealth North's (CWN) Aaron Weddle sent a notice stating that McGuire championed this piece of the bill. He said that during her presentation to a CWN committee today, she will describe the need for the board, what the board’s role and composition will be, [...]
ADN by Sean Cockerham. Last year the hacker group Anonymous broke into computer systems of oil companies including Shell, Exxon Mobil and BP as a protest against Arctic drilling. The next month , a different set of hackers infected the computers of Saudi Arabia’s national oil company with a damaging virus that knocked 30,000 workstations offline.
The Calgary Sun (11/16/13) reports: “The protest was held as world leaders in Poland for the United Nations Climate Change Conference discuss plans for international co-operation on the issue. Protestors in Calgary said the Harper government is refusing to take meaningful action when it comes to climate change. Originally about 300 people were slated to participate in the Calgary protest, but due to a snow storm only about 50 showed up.” News Miner. An Alaska official said Monday the state is looking at taking a multibillion-dollar equity stake in a major [...]
The Resource Development Council for Alaska's 34th Annual (two day) Conference begins tomorrow in the Dena'ina Civic & Convention Center in Anchorage. Here is the agenda, which includes on the first day Senate Energy Committee Chairman Ron Wyden (NGP Photo) and Ranking Minority Member, Senator Lisa Murkowski (NGP Photo). Calgary Herald by Amanda Stephenson (Read and Learn, Alaska). A new Fraser Institute report suggests Alberta is the third most attractive jurisdiction in the world for oil and gas investment, but that could change if crucial pipeline proposals aren’t approved soon. Of the [...]
ADN by Lisa Demer. The state of Alaska is considering investing billions of public dollars in a natural gas pipeline venture in the hopes that will make the long-sought mega-project happen. A state-commissioned study released Monday suggests direct state investment -- an ownership share -- as a way to improve the economic footing of a liquefied natural gas project that could cost more than $60 billion. The $424,000, 188-page study was by a team that included Black & Veatch, an employee-owned consulting and engineering firm based in Overland Park, Kan., [...]
ADN by Paul Jenkins. Of all the hogwash hustled by charlatans working to repeal oil tax fixes needed for Alaska's healthy fiscal future, perhaps the most egregious is the claim that reform is a "giveaway" to the evil oil industry -- anywhere from $2 billion to $8 billion, depending on the fibber. The Legislature this year passed Senate Bill 21 to spur slumping North Slope oil production and generate new tax revenue for Alaska, which relies on that money to make ends meet. About 90 cents of every dollar the state spends comes from [...]
ADN Editorial: We can't sustain it as is, so what do we do about it? In Alaska, when you say maximum sustainable yield, you think about salmon. On Monday, however, four men at the Anchorage Chamber of Commerce luncheon debated maximum sustainable yield for state spending. Read more here: http://www.adn.com/2013/11/16/3178937/our-view-state-spending-rekindles.html#storylink=cpy
Commentary: Yesterday, BP's Dawn Patience provided a report demonstrating that the company spends $1.5 billion and supports more than 350 vendors, 2,300 BP employees and 22,500 total jobs in Alaska. Here's the .pdf. The company's significant, Alaska projects include, "13 oilfields on the North Slope (including Prudhoe Bay, Endicott, Northstar and Milne Point), which account for about two-thirds of Alaska oil production." The report goes on to note that the company spent over $25 billion with 15,000 vendors throughout the country in 2012, creating a national economic impact of [...]
Calgary Herald by James Wood. Energy Minister Ken Hughes says he welcomes two new reviews by Ontario and Quebec into proposed pipelines to carry Alberta bitumen to Eastern Canada, downplaying concerns they could help slow or stop the projects from moving forward. Joe Balash Is New Landlord of Alaska Lands: Commissioner of Natural Resources Governor Sean Parnell (NGP Photo) yesterday appointed Joe Balash (NGP Photo) as the commissioner of the Alaska Department of Natural Resources (DNR). Balash has served as acting commissioner since September 24. DNR is organized into seven divisions, including Agriculture, Forestry, [...]
Feds Seek To Tighten Noose on Development By Expanding Clean Water Act Regulatory Control From our friends at the Pacific Legal Foundation comes word of this effort, "to stretch federal power so broadly that it could potentially cover every pond, puddle and pothole in the country." Since Alaska has more ponds, puddles, lakes, rivers and streams than any other state and 3/4 of America's coastline, the 49th state's citizens should be alert to this new EPA rulemaking effort, detailed below. This new regulation would provide new ammunition to White House [...]
11-12-13: We commend those who celebrate birthdays or anniversaries today, who are having family reunions, christening ships, breaking ground on new buildings or highways or northern gas pipelines...or getting married. May God's good fortune accompany you forward! -dh Today we finished the commentary we began yesterday. Below is today's listing of energy links provided by the Office of the Alaska Gas pipeline Federal Inspector: Oil and gas news briefs November 12, 2013 Report says China wary of U.S. LNG export politics Japanese LNG project developer defends oil-linked pricing Qatar starting [...]
Helping pipeline companies meet regulatory compliance - Calgary Herald - By Mario Toneguzzi, ... Is regulatory compliance a rising business opportunity for resource industry support companies? This story says, "Yes, it is." -dh A Web of Progressive (Socialist) Initiatives Transfers Jobs, Wealth and Power From Free Enterprise to Government The energy industry stands squarely in the crosshairs of the effort to "fundamentally transform the United States of America", and Canada is under attack as well. by Dave Harbour We alert our energy readers that a movement to 'fundamentally transform the United States of America' into a socialist society has the energy industry [...]
Alaska Journal of Commerce Editorial by Andrew Jensen. A pair of late October announcements had Democrats falling over themselves yet again with embarrassing attempts at arithmetic and basic accounting in their ongoing campaign against the oil tax reform passed as Senate Bill 21 this spring.
Digital Journal: NextGen Climate Action Announces Summit: Can Keystone Pass The President's Climate Test? - On Monday, December 2nd, U.S. and Canadian experts will convene to explore the pivotal question President Obama posed during his June 25th speech at Georgetown University: Would Keystone XL "significantly exacerbate" carbon pollution? KRMS Radio: https://app.box.com/files/0/f/212843728/1/f_11591508363 ALWAYS WORTH LISTENING TO: David Holt radio nterview (NGP Photo) The Hill: States file brief against EPA rules - Nine states are lining up against the Obama administration in an upcoming Supreme Court case over contentious environmental regulations. The states filed a friend of the court brief with the high court on Thursday to oppose the [...]
