10-31-12

By |2016-03-13T03:45:00-09:00October 31st, 2012|Uncategorized|

Yesterday, the Interstate Oil and Gas Compact Commission (IOGCC) kicked off its 2012 Annual Meeting in San Antonio with a video presentation by Governor Sean Parnell (NGP Photo-L).  Alaska Oil and Gas Conservation Commission Chairman Cathy Foerster reported on the Interior Department's (DOI) failure to obey Alaska's oil and gas environmental and conservation rules and statutes within the National Petroleum Reserve-Alaska (NPR-A).  The Agency has not directed nor funded the Bureau of Land Management (BLM is the federal landlord responsible for NPR-A) to properly plug and clean up drilling sites [...]

10-30-12 Is Alaska Fiddling While Russia Fires Up Arctic Gas Exports?

By |2016-12-22T22:31:41-09:00October 30th, 2012|Alaska Taxes|

ADN Op-Ed by Scott Jepson (NGP Photo).  ...high taxes on North Slope oil production, in particular the tax increases passed by the Legislature in 2007 under a bill called ACES, are hurting the investment climate on the North Slope and ultimately the long-term health of Alaska's economy. Calgary Herald by Dan Healing.  Growing competition from oilfields as far away as Colombia and Brazil make it increasingly critical that Canada gain access to new markets for its oil, says a Scotiabank report released Monday. Alaska Dispatch by Tony Hopfinger and Scott [...]

10-29-12 Shell Stops Summer Work; Exxon Starts Point Thomson Winter Work!

By |2016-12-22T22:31:41-09:00October 29th, 2012|You Read It Here First|

 Brad Keithley's Latest Exchange With Critics of Budget Cutting Shell Stops 'Summer' Work (Anchorage, AK) – Alaska Natural Resources Commissioner Note: As we write this, it is still Friday afternoon (10-26), but we wanted those who sign onto the website to find it because this Point Thomson news is hot off the press, just announced at 1:30 this afternoon by the Department of Natural Resources' Elizabeth Bluemink.  The reason we are 'pre-posting' is that we don't know when we'll be able to upload more news.  We are soon to be en [...]

10-27-12 More Weekend Reading

By |2016-03-13T03:44:28-09:00October 27th, 2012|You Read It Here First|

Comment:  Dear readers usually tip us about northern energy news quickly and we try to get it out immediately, if justified.  Last week, we were first to report that the Alaska Stand Alone Gas Pipeline (ASAP) Environmental Impact Statement had been completed.  We noted it as a historical event, a great achievement which still leaves the project and decision makers with many unanswered questions.  OUR READERS HEARD IT HERE FIRST AND HERE IS THE LINK, TO SAVE ONE FROM SCROLLING DOWN.  We note as an additional reference that yesterday, Emily [...]

10-26-12 – U.S. Congressman Doc Hastings Focuses On Alaska’s Energy Potential!

By |2016-12-22T22:31:41-09:00October 26th, 2012|Commentary, Federal Obstruction|

 Note Canadian Energy Challenges Below Friday Alert and Comment:  U.S. House of Representatives Natural Resources Committee Chairman Doc Hastings (NGP Photo) has been one of the top two advocates in the entire United States Congress for adopting a reasonable national energy policy--in our studied opinion.  Since Alaska composes 3/4 of America's coastline, 20% of her total land mass and holds, arguably, the preponderance of America's potential oil, gas, coal and strategic metals reserves, his voice is as critical to Alaska as it is to the nation.  Here is a statement Chairman [...]

10-25-12

By |2016-12-22T22:31:41-09:00October 25th, 2012|Alaska Taxes|

Calgary Herald by Dan Healing.   The Montney resource play that has sparked several recent takeover bids is the driver behind a $258-million all-stock bid by Tourmaline Oil Corp. for private Huron Energy Corp.     Alaska House of Representatives Natural Resources Press Office: Obama Administration American Energy Roadblocks Part 2: Hydraulic Fracturing on Federal Lands            Our friend, Brad Keithley (NGP Photo) alerts readers of his blog: In addition to the 59 legislative races that have been — and will continue to be — widely discussed between now and election day, [...]

10-24-12 ASAP’s Final EIS Released For Public Comment

By |2016-12-22T22:31:41-09:00October 24th, 2012|AGIA, Commentary, You Read It Here First|

  On Wednesday November 14, 2012, Paul Ziff (NGP Photo), CEO of Ziff Energy Group will be giving a presentation entitled "Natural Gas Under Siege” at the BMO Centre in Calgary, Alberta.  "Can natural gas production be competitive under the status quo?  The North American natural gas producing industry is “under siege”.  Natural gas prices have descended to a low not seen since the 1990’s and the current price is far below the full cycle cost to replace gas that is produced and sold."      FEDS Release Final Environmental [...]

10-23-10 – LNG and State Spending

By |2016-12-22T22:31:41-09:00October 23rd, 2012|LNG|

Alaska Dispatchby Scott Woodam.  At the end of September, the major North Slope gas producers notified Gov. Sean Parnell (NGP Photo) of their new agreement toward an Alaska liquefied natural gas project. Depending whom one asks, the new agreement pertained to either hijacking the state-subsidized Alaska Gasline Inducement Act (AGIA) and using it as a lever to pry oil tax reductions out of the Alaska Legislature, or to finally building a long-discussed liquefied natural gas transportation project leading from Alaska's North Slope to tidewater somewhere in Southcentral. Thoughts on Alaska Oil and Gas, [...]

10-22-12

By |2016-12-22T22:31:42-09:00October 22nd, 2012|AGIA, Alaska Taxes|

Platts by Tim Bradner.  A group of Japanese Companies has opened an office in Alaska in hope of working with the state, North Slope producers and TransCanada on a large natural gas liquefaction project, an official for the group said Monday.  The Consortium, Resources Energy, is proposing to build and own an LNG plant at a south Alaska tidewater port, but also could invest in the pipeline needed to bring North Slope gas south to the proposed plant, the company's Alaska manager, Mary Ann Pease (NGP Photo), said.  ...  Members [...]

10-20-12

By |2016-12-22T22:31:42-09:00October 20th, 2012|Alaska Taxes|

ADN OP-Ed by Vince Beltrami (NGP Photo).  In last week's ADN Paul Jenkins said this: "A union front, the Putting Alaskans First Committee, is dedicated to saving the state Senate Bipartisan Working Group and Alaska's Clear and Equitable Share oil tax (ACES) -- even at the expense of Alaska's future."  Jenkins got the first part right, but he whiffed on the back end.  

10-19-12

By |2016-12-22T22:31:42-09:00October 19th, 2012|Alaska Taxes, Commentary|

Edmonton Journal by Michael Smyth.  As Premier  Christy Clark (EJ Photo-L) ramps up the rhetoric on the proposed Enbridge pipeline, it’s important to know exactly where she stands on the $6-billion megaproject.  ...  Consider Clark’s demand for a “fair share” of pipeline profits, an issue that’s triggered a nasty war of words with Alberta Premier Alison Redford (EJ Photo-R).  Redford is angry that Clark has suggested Alberta’s domestic oil royalties could possibly be shared with B.C. in return for this province’s support of the pipeline, which would connect Alberta’s oilsands to our coast.  No [...]

10-18-12 – Energy Security Comparison Study

By |2016-12-22T22:31:42-09:00October 18th, 2012|Uncategorized|

After reviewing the Calgary Herald's Energy Security comparison, scroll down for an Alaska candidate comparison. Calgary Herald by Dan Healing.  Mexico, with high energy production and low domestic demand, plus few export barriers, had the lowest energy security risk in 2010 of the top 25 energy-consuming nations of the world.  The list places the United Kingdom second, Norway third, New Zealand fourth, Denmark fifth, Australia sixth and the United States seventh.  Canada is eighth, just slightly behind the average score of developed OECD (Organization of Economic Co-operation and Development) countries [...]

10-17-12

By |2016-12-22T22:31:42-09:00October 17th, 2012|Uncategorized|

CBC: NEB Reacts to TransCanada Whistleblower. Registration is now available for RDC's 33rd Annual Alaska Resources Conference, being held  Wednesday and Thursday, November 14-15, at the Dena'ina Civic & Convention Center in Anchorage.  Over 1,000 people are expected to attend RDC's annual conference, including decision-makers from across all resource industries, support sectors, Native corporations, federal, state, and local government officials, as well as educators and students. FOR OUR READERS WITH HOUSTON OFFICES: Today, there will be a press conference featuring Consumer Energy Alliance President David Holt (NGP Photo) and Houston City Council Member Andrew Burks to preview Houston’s 2nd Annual Energy Day [...]

10-16-12

By |2016-03-13T03:43:57-09:00October 16th, 2012|Alaska Taxes, Commentary|

Commentary:  Yesterday we commented on elected officials who set policies that benefit the cravings of this generation's constituents at the expense of an economy that sustains future generations.  Representative Les Gara's (NGP Photo) ADN editorial today is a perfect example of this mindset: profiting from intergenerational theft.  On the national scene, we see the principle at work among those with the power to borrow money from China and Japan, thus incurring debt for tomorrow's generation to fund the greed of today's constituents.  This trend is deplorable and we shall have more [...]

10-15-12

By |2016-12-22T22:31:42-09:00October 15th, 2012|Alaska Taxes, Commentary, Federal Obstruction|

Will Americans Elect Wiser, More Energy Savvy Officials In November?  Commentary by Dave Harbour Today's Wall Street Journal Editorial.  President Obama is campaigning as a champion of the oil and gas boom he's had nothing to do with, and even as his regulators try to stifle it. The latest example is the Interior Department's little-noticed August decision to close off from drilling nearly half of the 23.5 million acre National Petroleum Reserve in Alaska.  The area is called the National Petroleum Reserve because in 1976 Congress designated it as a [...]

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