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2-28-12 – A “Fair Share” vs. a “Fair Shake”
Please take a moment to comment on Obama's National Marine Fisheries Service (NMFS) Draft Environmental Impact Statement (DEIS) on the Effects of Oil and Gas Activities in the Arctic Ocean: Deadline TODAY. A "Fair Share" vs. a "Fair Shake" by Dave Harbour Senate Resources Committee members [...]
2-25-12
Senators Thomas and Paskvan propose gas line: Cook Inlet to Fairbanks - Alaska Dispatch - According to a legislative press release, Senators Joe Thomas and Joe Paskvan have introduced legislation that would instruct the Alaska Gasline Development Corporation (AGDC) to build a natural gas pipeline from Cook Inlet to Fairbanks, with enough capacity to serve unnamed other communities along the route. Keystone pipeline would create Bay Area jobs - San Francisco Chronicle, Joe Epstein - The $7 billion project would not only make the United States more energy independent, [...]
2-23-12
Alaska Dispatch by Alex DeMarban. In an argument on his "Restoring Liberty" blog, Joe Miller (NGP Photo) claims President Obama's opposition to oil development is so deep he's refusing to reclaim several islands from Russia and the oil-rich seabed around them. Some of the islands off the Kamchatka Peninsula and Russia's northern coast are hundreds of miles from Alaska, so they wouldn't be easy to maintain. They include Wrangel Island, where American naturalist John Muir once landed as part of an expedition that claimed the island for the U.S. Oil tax debate [...]
2-20-12
How they voted - Chicago Post-Tribune - OIL EXPORTS AND KEYSTONE XL PIPELINE: The House rejected an amendment sponsored by Rep. Edward Markey, D-Mass., to the Protecting Investment in Oil Shale the Next Generation of Environmental, Energy, and Resource Security Act (H.R. 3408). The amendment would have required oil transported by the Keystone XL pipeline to be used in the U.S. unless a presidential waiver was granted on the grounds that exporting the oil would not increase prices or would not increase dependence on imports from hostile nations. The vote, [...]
2-19-12
Korea to raise self-supply of oil, natural gas to 35% - Korea Herald - Korea will develop on its own 35 percent of its oil and natural gas demands by 2020, up from the current 13.7 percent, the Ministry of Knowledge Economy said Thursday amid U.S. pressure to cut its crude oil imports from Iran. Alaska’s oil taxes too high, too complex, consultant tells legislators - Alaska Journal of Commerce, Tim Bradner - A consultant retained by Alaska’s Legislature has recommended the state rein in taxes on oil production [...]
2-18-12
Oil company still trying to control Alaska well blowout, help on the way - Alaska Dispatch, Craig Medred - A North Slope oil rig was evacuated Wednesday after a Repsol drilling contractor hit a pocket of gas that triggered a methane blowout. The venting gas sparked fears the rig could explode, but the rig was intact and Repsol was reported to be working toward control of the situation. Alberta finance minister says politics got in the way of a good economic decision - The Register, Rob Gillies - "We [...]
2-16-12
State faces long road to 1 million barrels of oil - Anchorage Daily News, Becky Bohrer - A consultant to the Legislature, Pedro van Meurs, this week said that the goal is attainable with resources on state lands only but would require major policy and fiscal changes, on an order greater than Parnell has even proposed, and at least $7.5 billion a year more than current levels in industry investment. State-owned oil companies increase price volatility and pollution, but rarely get used as geopolitical weapons, says Stanford researcher - [...]
2-12-12
ENERGY MARKETS: With gas prices low, shale bargain hunters take long-term view - E&E News, Colin Sullivan - In response, analysts say markets may have to wait at least 18 months for the price to recover and profits to rebound, with some suggesting that this bout of warm weather could be less of an anomaly than producers would like. In the short term, Herve Wilczynski, a partner in A.T. Kearney's energy practice, said the current dynamic could hurt independents that don't have the capital to survive the long haul. [...]
2-11-12
Keystone contractor did not pose conflict of interest, IG says - Washington Post, Juliet Eilperin - The firm the State Department hired to conduct an environmental assessment of a controversial oil pipeline project did not pose a conflict of interest, the agency’s inspector general concluded in a report released Thursday. Provinces must seek new markets for natural gas - The Globe and Mail, David Campbell - Without new markets, ambitious provincial plans from British Columbia to New Brunswick to benefit from shale gas will be have to be put [...]
2-10-12
ADN by Becky Bohrer, AP. A state House resolution calls on the federal government to properly plug and reclaim the sites of so-called legacy wells within the National Petroleum Reserve-Alaska. The government drilled nearly 140 drilled nearly 140 wells in the reserve as part of an exploratory oil and gas program between 1944 and 1981.... The U.S. Bureau of Land Management oversees the abandoned wells. The resolution says just seven wells have been properly plugged and reclaimed. ... Rep. Charisse Millett (NGP Photo), R-Anchorage, the resolution's primary sponsor, said [...]