Today we are traveling back home to Alaska. We believe it to be a good time, amid the headlines, to recall the intense technical expertise and management focus needed to keep today's modern oil and gas industry operating both profitably and safely. This timely, safety publication from BP will be useful to many of our readers. -dh BP Safety Fact Sheet Coming....
BREAKING NEWS. U.S. Sen. Lisa Murkowski, R-Alaska, today led the Senate’s approval of broad, bipartisan energy legislation that contains a wide range of provisions vital to Alaska’s future. The bill, the Energy Policy Modernization Act of 2016, was authored by Murkowski and.... (More) Senate Unanimously Approves Murkowski’s Major Lands and Water Package for Energy Bill Alaska U.S. Senator Lisa Murkowski (NGP File Photo) NGP File Photo Washington, D.C. – On Tuesday, the U.S. Senate unanimously approved two amendments offered by Senator Lisa Murkowski (NGP Photo) to [...]
We like it when the respected people and organizations among us, "tell it like it is". Below (Left), is what the Alliance's Ak Headlamp said yesterday about Alaska's fiscal crisis and how leaders are dealing with it. -dh Lynn Helms, Director, N.D. Department of Mineral Resources. NGP File Photo. Billings Gazette. North Dakota oil production had a smaller decline than expected in February as more companies put fracking crews to work to maintain cash flow, the state’s top oil regulator said. ... Director [...]
Current and past public service sponsors: AeroMetric Alaska Airlines Alaska Cruise Association/Cruise Lines International Alaska Miners Association Alaska Oil & Gas Association Alaska State Chamber of Commerce Alaska Support Industry Alliance Ak-Headlamp Akita Drilling Ltd. AJT Mining Properties, Inc., Juneau Bethel Native Corporation BP In Alaska Commonwealth North ConocoPhillips Alaska Consumer Energy Alliance Enbridge, Inc. Robert Bell & Associates GCI Inside Government Inuvialuit Environmental & Geotechnical Inc. (IEG) Lynden - Shipping to Alaska Northrim Bank Network Business Systems Pacific Legal Foundation Pacific Star Energy/Pacific Rim Leadership Development Peak Oilfield Service [...]
See yesterday's posting here: “Why carbon dioxide is a good thing” More coming.... 1) Polish Government Plans To Kill Wind Industry Financial Times, 18 April 2016 2) German Government Bill Threatens Renewable Energy Revolution, Green Lobby Warns Solar Server News, 18 April 2016 3) Norway To End Renewable Subsidy Scheme By 2021 Reuters, 15 April 2016 4) Europe’s Energy Crisis Poses Warning For The U.S. Breitbart, 14 April 2016 5) Coal’s Future Shifts To Developing World The Australian, 16 April 2016 6) Michael Lynch: Fossil Fuels’ Value [...]
Alberta's 2016 budget: Ignoring lessons from Alberta’s history (Appeared in the Calgary Sun) by Ben Eisen and Charles Lammam Alberta expects to rack up $37 billion in new debt over the next three years. Notley following Wynne’s failed Ontario strategy on deficits and debt (Appeared in the Calgary Sun) by Ben Eisen and Charles Lammam Ontario has seen its net debt increase by $126.5 billion since 2008/09. Will B.C. ever export LNG? (Appeared in the Vancouver Sun) by Kenneth P. Green and Taylor Jackson The regulatory approval [...]
BP planning to cut Prudhoe Bay development drilling by half of 2015 levels Caelus suspending drilling; laying off 25 percent of Alaska work force Calgary Herald by Chris Varcoe. A lack of pipelines to ship oil out of the province will tighten the financial squeeze on Alberta’s treasury in the coming years, warns the new NDP budget. The fiscal plan released by Finance Minister Joe Ceci on Thursday predicts the “light-heavy differential” facing Alberta oil will widen in the next two years, cutting into the price domestic petroleum producers receive for their crude. More....
Journal of Commerce By: Elwood Brehmer and DJ Summers Former Fairbanks North Star Borough Mayor Luke Hopkins narrowly escaped the Legislature’s joint confirmation process and kept his seat on the Alaska Gasline Development Corp. board of directors. Legislators voted 31-27 in favor of Hopkins, who is Gov. Bill Walker’s latest in a string of appointments to the board charged with leading the state’s role in developing a North Slope natural gas pipeline project, namely today the $45 billion plus Alaska LNG Project. An appointment must receive 31 votes — a [...]
The Road Less Traveled by Dave Harbour A path less taken.... A road more oft taken. Yesterday's editorial may seem like the writer has no empathy or regard for elected leaders. Au contraire. We have run for public office twice ourselves and lost twice. We know the dedication and loneliness required to enter the political arena. We appreciate the courage and focus and determination one musters to run for office. One appreciates the long hours of candidate work, the door-to-door, the fund raising, the volunteer coordination, the interviews [...]
Yesterday's Headline: Will Alaska & Alberta punish taxpayers with more taxes — or — reward bureaucracies and entitlement beneficiaries with tax increases? You decide! Today's Alberta Headline, below: "...a budget deficit above $10 billion, which is scary by any standard...." Today's Alaska Headlines, and our commentary below: "Is Alaska Still America's Last Frontier of Freedom?" We genuinely like and respect almost all of the elected officials we have come to know after over four decades of Alaska residency and Alberta interaction. Nevertheless, in business we would say that reward does not result from [...]
Calgary Herald by Deborah Yedlin. It’s rare to hear a coast-to-coast perspective on the importance of market access and pipeline infrastructure as delegates were offered Tuesday at the Canadian Association of Petroleum Producers’ annual investment symposium. A four-member panel brought representation from British Columbia (Kinder Morgan’s Norman Rinne); Saskatchewan (Energy and Resources Minister Bill Boyd); Quebec (Eric Tetrault, head of the Manufacturers and Exporters) and New Brunswick (Irving Oil president Ian Whitcomb). More.... Alaska's Legislature Approaches Budget Consensus (Story Below) ADN by Nathaniel Herz. The Alaska House and Senate on Tuesday unveiled identical [...]
Alaska leaders try to agree on budget plan; oil prices hurt The collapse in oil prices has left oil-reliant Alaska with a multibillion-dollar budget deficit and few palatable options for digging its way out. Alaska Governor Bill Walker (NGP File Photo) Photo Courtesy: Caelus Alaska Public Media. North Slope oil producer Caelus Energy announced Friday it will lay off 25 percent of its 80-person work force and suspend drilling at the Oooguruk oil field, potentially affecting hundreds more contractor jobs. In a sharply-worded [...]
Alaska and Alberta: Punish taxpayers for wealth/job production with more taxes -- or -- reward bureaucracies and entitlement beneficiaries with tax increases? You decide! Many public officials and special interests are negotiating spending cuts vs. tax increases in both Alaska and Alberta this weekend. Will the wealth/job producers win? Or, will the beneficiaries of tax supported subsidies and entitlement programs win? The result will determine whether these two great energy producing areas continue contributing to their respective country's economic power, or whether liberal forces bring free enterprise to its knees. Our [...]
Alberta Premier Rachael Notley, CBC Photo "Tax it, regulate it, subsidize it" Added by ANCHORAGE DAILY PLANET Editor on April 8, 2016. Saved under Editorial Watching some of Alaska’s most wealthy, powerful people and organizations with a dependency on state government as they push for all manner of taxes and offer plans to tap into the Permanent Fund earnings to help the state make ends meet and protect their bottom line is not a pretty sight. Ronald Reagan Sculpture Rather than suggesting we should [...]