Walker wants Trump on-board the gasline. Alaska Public Radio Network Chief Oil & Gas Advisor John Hendrix, Alaska Gasline Development ... their meetings with potential Asian markets for Alaska's LNG in Anchorage, ...
From our Ak-Headlamp friends this sorry commentary on how one politician treats taxpayer representative: Representative Geran Tarr AOGA President, Kara Moriarty. Northern Gas Pipelines file photo by Dave Harbour Shots fired. At Wednesday’s house resource committee held on HB111.Kara Moriarty of the Alaska Oil and Gas Association was insulted by state consultant Rich Ruggiero’s comments. "He was insinuating that industry is not credible, and that these themes should not be believed. The reality is: the reason the industry does talk about stability, competition and jobs [...]
We always appreciate Ak-Headlamp's analysis. Based on what you read today, we wonder if you will be buying oil stocks or selling? You certainly wouldn't be inclined to invest large sums of your own money in a remote, Alaska North Slope pipeline/LNG project run by temporarily elected and appointed politicians and bureaucrats, would you? You would? Well, how about if that state were teetering on fiscal collapse and considering raising taxes on the oil industry in a low price environment? -dh ______________________________________________________ Alaska Headlamp Commentary Yesterday, the Alaska State Senate [...]
From our Mid-Atlantic Energy Analyst Friend: One of the best items we have read in recent times is linked below. It is a great history from Roman times of how monetary policy is really in place to serve the government, not the people We urge you to read it. We learned more from this presentation than any one item in a long time. https://mises.org/library/inflation-and-fall-roman-empire Finally, an update on the progress of the Aramco IPO, just since our note yesterday. We see the IPO as quite probably the largest single [...]
Northern Dynasty pushes back on report critical of Pebble prospect The owners of the Pebble mine project fired back Friday against claims from a New York stock investment firm that the prospect is not economically or politically viable… Alaskans, let's not slip into the tax cycle again We all agree the state of Alaska is facing a fiscal crisis that could bring down our economy if we don't act soon. Alaskans won't buy taxes without more cuts As increasingly antsy Alaska legislators stare down a $3 billion budget hole [...]
The Forney Post: Consumer Energy Alliance applauds Trump Administration on pipeline decisions Consumer Energy Alliance (CEA) recently commended President Donald Trump for signing a pair of Executive Orders that will allow the construction of the Keystone XL and Dakota Access pipelines to move forward, both of which will safely deliver the resources U.S. families and businesses need to drive down costs.
How to stay young and useful all of our lives!
ANCHORAGE CHAMBER OPPOSES HB 111 ANCHORAGE, AK - The Anchorage Chamber of Commerce today announced opposition to House Bill 111, a bill aimed at altering production taxes on the oil and gas industry for the seventh time in 12 years. The Anchorage Chamber of Commerce is a strong advocate for a solution to the state’s ongoing fiscal crisis, which will need to involve reductions in government spending, a restructuring of the permanent fund, and possibly a new broad-based tax. The Anchorage Chamber has consistently advocated for a fair, [...]
RDC BREAKFAST FORUM SERIES Next Breakfast: March 2, 2017 - Dena'ina Center Pat Foley, Vice President Alaska Operations, Caelus Energy Alaska LLC Registration will open February 23rd. Breakfast forums are held the first and third Thursday's from September to May. Doors open at 6:30 a.m., presentation begins at 7:30 a.m. Cost per person is $24 member, and $29 non-member, and is non-refundable but may be transferred. Unless otherwise noted, forums are held at the Dena'ina Civic & Convention Center at the corner of G Street and 7th Avenue. [...]
BREAKING NEWS, 2:40 EDT: TRANS CANADA REFILES FOR KEYSTONE XL ROUTE Posted By RICK BOYLES FOR THE JUNEAU EMPIRE Keeping the oil industry healthy An observation from educator/philosopher William James came to mind as I watched Robin Brena lecture the House Resources Committee a few days ago on his version of reality. “There’s nothing so absurd that if you repeat it often enough, people will believe it,” James wrote. Well, Brena repeated the words “fair share” 40 times during his two-hour, 71-slide presentation. In Brena’s mind, “fair share” [...]
Below We Have Today's Anticipated Response To The Breaking News We Provided In Our Sunday Column: "Sunday Night: The Quiet Before The Storm" (See the right-hand column for our remedy to the news of the "new" competition) Supporters push for more consideration of Valdez LNG site Larry Persily. Northern Gas Pipelines file photo by Dave Harbour By Larry Persily lpersily@kpb.us Feb. 15, 2017 (This update, provided by the Kenai Peninsula Borough mayor’s office, is part of an ongoing effort to help keep the public informed about [...]
More Gas Pipe/LNG Entrigue We noted that YESTERDAY the Alaska governor sought to increase the statutory reach of the Department of Law's Attorney General, so that he (i.e. and various attorney friends of the Administration as well, we presume), could participate in tribunals presided over by the Federal Energy Regulatory Commission (FERC). Here is the bill he submitted to the Legislature. Please review our Sunday night observation and consider that in testimony today before the Senate Finance Committee the President of the Alaska Gasline Development Corporation (AGDC) said that he was aware [...]
Alberta's oilpatch is on the upswing: Here's the proof. Calgary Herald. The welding inspector on contract to Calgary-based Pembina Pipeline ... Output in the oil and gas industry in November climbed 6.1 percent from ... Legislative indecision has extended and worsened Alaska's recession. Alaska's recession is worse than it needed to be because the state didn't solve its fiscal gap last year. Alaska Railroad to cut 49 positions, lay off 31. In-state economics have combined with world market forces to push the Alaska Railroad to again cut its [...]
Greetings! (Note: this was provided to our subscribers tonight via email alert.) It's Sunday night, the quiet before the storm. Tomorrow, the reality of Alaska's TWO critical issues will hit the fan harder than ever. First, comes a new LNG issue that changes everything...well, not everything; the project's still uneconomic. We'll comment more on it next week. We will also bet that tomorrow the governor, legislators, talking heads and mainstream and social media mavens will be gushing with opinions that are certain to accomplish at least one [...]
Oil tax bill causes dustup in Alaska House, No one was told to sit down and be quiet at the Alaska House on Wednesday, but rules of order were invoked and challenged during a dustup over the introduction of an oil tax credit bill. From Ak-Headlamp A summit hosted by the Alaska Gasline Development Corporation (AGDC) is scheduled for March 1 to March 6, in an attempt to entice commercial customers to support its $45 billion Alaska LNG project. The summit is expected to cost about $200,000, though the [...]