Competitive Breakfast Rally This Morning. Target: Alaska State Senate Reluctance to Act to Save Alaska’s Economy

By |2016-12-22T22:33:57-09:00April 7th, 2011|Alaska Taxes|

The Washington Times: EDITORIAL: Obama’s energy plan: A starvation diet Comment:  We note the Alaska State Senate also has Alaska on an investment climate starvation diet and commend those below for their efforts to communicate basic Economics 101 to elected Members of the Legislature.  -dh Though we are traveling on assignment, we note that first thing this morning, The Make Alaska Competitive Coalition has invited Governor Tony Knowles (NGP Photo) and ConocoPhillips Chairman and CEO Jim Mulva to speak on the commitments necessary to put more oil into TAPS and create [...]

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TransCanada and Legislature Define AGIA Differences – Is Obama Attacking Gulf Jobs While Energy Secretary Works for European Gas Prices?

By |2016-12-22T22:33:58-09:00April 5th, 2011|Alaska Taxes, Federal Obstruction|

Washington Post by Randy Stilley.  Is Obama undoing the Gulf of Mexico oil industry jobs infrastructure? National Review by Victor Davis Hanson.  Has Obama's Energy Secretary Engineered Higher Gas Prices? ADN by Sean Cockerham.  TransCanada Corp. on Monday disputed the legality of a bill that's a first step toward dumping the state-subsidized natural gas pipeline project.  TransCanada Vice President Tony Palmer (NGP Photo-R) said it appears to violate the license the state gave his firm under the Alaska Gasline Inducement Act.   ...   Don Bullock, an attorney for the Legislature, told [...]

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Maybe No Big Alaska Projects Are Feasible Without A Robust Oil Pipeline Paying the Freight!

By |2016-12-22T22:33:58-09:00April 4th, 2011|Alaska Taxes, Commentary, Propane, Reader Comment|

Fred Wilson Thinks Neo-Conservatives Are At the Gates In Canada.   Scroll Down For More on ANS Propane, and See Alaska's New Roush CleanTech Propane Truck! (NGP Photo) At Noon Today, Former University of Alaska President Rallies the Troops For Tax Reform! Commentary: Last Thursday and Friday we heard from Alaskan and Lower 48 entrepreneurs about the growing feasibility of an Alaska North Slope propane wholesale and retail distribution project.  Your author addressed the conference on Friday, noting that a fully functioning Trans Alaska Pipeline System (TAPS) and ANS infrastructure [...]

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Doc Hastings Hits Home Run – The Alaska House Passes Investment Climate Improvement Legislation … Tosses Ball to the Senate

By |2016-12-22T22:33:58-09:00April 3rd, 2011|Alaska Taxes, Federal Progress|

  Republicans Introduce Job-Creating American Energy Initiative Legislation.  This week, Chairman Doc Hastings (NGP Photo) introduced three bills to expand American offshore energy production in order to create jobs, lower energy costs, pay down the national debt, and lessen our dependence on foreign energy.  Click on the bill titles for more information: The Putting the Gulf Back to Work Act (H.R. 1229) The Restarting American Offshore Leasing Now Act (H.R. 1230) The Reversing President Obama’s Offshore Moratorium Act (H.R. 1231) These are just the first three of an array of bills that [...]

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Propane Conference Could Preview Cheaper Rural Fuel Costs

By |2016-03-13T04:11:16-09:00April 1st, 2011|Alaska Taxes, Propane|

(HB 110 Passed the House Last Night: 22 Republicans Plus Nome Democrat Neal Foster Voted Yes, While All Other Democrats Plus Kodiak Republican Alan Austerman Voted Against Improving Alaska's Investment Climate.  Now On To The More Stubborn, Pro-Tax Senate.  See Christopher Eshleman's News Miner Report.  See Juneau Empire Editorial, John Meyer.  -dh) Follow-Up Propane Report by Dave Harbour (Original Report Here) Yesterday, representatives of various propane industries throughout the U.S. and Canada met to discuss the potential of a massive Alaska North Slope (ANS) propane extraction and marketing program.  Alaskan representatives [...]

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Yesterday, Anchorage Hosts Huge Pro-Investment Climate Rally

By |2016-12-22T22:33:59-09:00March 31st, 2011|Alaska Taxes, Commentary|

Comment.  Yesterday, a dozen non-profit organizations representing most of Alaska's population gathered a thousand citizens to support the investment climate sentiment behind HB 110 that would modify the state's onerous oil tax policy.  State Chamber of Commerce President Rachael Petro (NGP Photo-L) introduced Senator Lesil McGuire (NGP Photo).  McGuire was followed by Governor Sean Parnell (NGP Photo) who energized the audience with a compelling call to action.  Skagway tourism Guru Steve Hites (NGP Photo-L) completed the formal presentations with an empassioned plea for Alaskans to become educated, work together and avoid [...]

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Alaska’s House of Representatives Is Poised To Improve Alaska’s Investment Climate But the Senate Doubts, Like Thomas.

By |2016-12-22T22:33:59-09:00March 30th, 2011|Alaska Taxes, Commentary|

Anchorage readers can attend a rally-luncheon today aimed at improvement of Alaska's investment climate.  Almost 1,000 citizens are already registered  Information here!  Scroll down to read our stories over the last few days. Calgary Herald by Dave Cooper.  ...it is no secret the oilsands are a growing contributor to provincial coffers...CERI paints a picture of declining production and royalties from Alberta's natural gas industry for the rest of the decade, but sharply rising oilsands royalties....   (Alaska State Officials Take Note:  When Alberta increased its royalty take, revenue declined; when it reduced [...]

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Today We Face Alaska’s Two Greatest Economic Issues

By |2016-03-13T04:08:15-09:00March 29th, 2011|Reader Comment|

Comment.  Alaska's economic lifeline, the Trans Alaska Oil Pipeline (TAPS) could cease operations five years from now as throughput diminishes, or tomorrow--due to cold, lethargic througput and a minor malfunction.  This fact is critical to every Alaskan family, since all citizens depend on TAPS throughput for almost 90% of the state operating budget and over a third of the entire economy.  Best sources for new oil to replenish declining TAPS throughput: Federal OCS, Federal On-Shore and State On- and Off-shore oil and gas reserves.  The biggest impediment to bringing these [...]

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Energy Challenges Abound: Solutions are Elusive

By |2016-12-22T22:33:59-09:00March 28th, 2011|Uncategorized|

While Fairbanks' -- And All Of Alaska's -- Economy Approaches Catastrophe, Fairbanks Senator Joe Paskvan (NGP Photo),  Resists Efforts to Change Production Tax to Fill Pipeline Lifeline.  (-dh comment) Petroleum News  Alan Baily and Kristen Nelson.  In February Alyeska Pipeline Service Co. President Tom Barrett told the Alaska House Resources Committee that the trans-Alaska oil pipeline system, known as TAPS, had come close to the brink of a major outage when forced into a winter shutdown following an oil leak in January at pump station one, at.... On March 31 the Anchorage [...]

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Alaskans are Facing the Perfect Storm (Economic)

By |2016-03-13T03:57:25-09:00March 24th, 2011|Federal Obstruction|

The Federal government is choking Alaska's economy by blocking access to what should be multiple-use as well as petroleum-designated lands.  The State government is strangling Alaska's investment climate with an illogical, suicidal tax regime.  It is the perfect, economic storm.  In recent weeks, we've urged readers to participate in federal hearings.  The Resource Development Council for Alaska (RDC) and dozens of other Alaska organizations and companies are urging Alaskans to visit their local Legislative Information Offices at 5 pm this afternoon and speak in support of HB110.  This bill will work to [...]

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Can Senator Mark Begich Turn The Tide of Federal Hostility?

By |2016-12-22T22:33:59-09:00March 23rd, 2011|Alaska Taxes, Commentary, Federal Obstruction|

Much more information and many photos from Monday's House Finance Hearing will be posted as soon as possible! Comment.  In this ADN story by Becky Bohrer, Senator Mark Begich (NGP Photo) seems convinced that constituent pressures arising from high gasoline prices will spur federal policies in Alaska's favor.  Since every single federal action involving Alaska natural resources in the last two years has been hostile and in some cases irreversibly debilitating, we hope current circumstances help Senator Begich turn these terrible policies on their ear!   *   Now headed for [...]

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Alaska Seems United on HB110: Is Alaska’s Legislature Ignoring Reality?

By |2016-12-22T22:34:00-09:00March 22nd, 2011|Uncategorized|

This week is the anniversary of Governor Jay Hammond's (NGP Photo) historic, non-partisan news conference in 1981 which produced a 'fair share' oil and gas tax plan.  It was a roughly one-third split of Prudhoe Bay's economic rent (i.e. royalty, severance tax, property tax, state and federal income tax) among the Federal Government (36%), Producers (34%) and State Government (30%).  The legislation made the oil income tax non-discriminatory, increased the severance tax and repealed the personal income tax on citizens--among other things.  While listeners will identify no love lost for [...]

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Today A Legislative Committee Meets In Anchorage To Decide Whether to Improve the Investment Climate or NOT – Mackenzie Project Struggles Forward With Fiscal Framework

By |2016-03-13T04:08:15-09:00March 21st, 2011|Uncategorized|

Comment.  Today, the House Finance Committee will meet in the Anchorage legislative information office beginning at 9 a.m., to take testimony on HB 110, which would modify the most onerous oil and gas tax-royalty structure in North America.  Readers will note from yesterday's story below that the State's economic lifeline could be severed any day.  By not rapidly improving Alaska's investment climate as Alberta did (and as the NWT is trying to do - see story below) and by maintaining a complex array and huge burden of royalties, property taxes, [...]

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