6-19-15

By |2016-12-22T22:28:15-09:00June 19th, 2015|Uncategorized|

Homer News by Tim Bradner (NGP Photo).  The state-owned Alaska Gasline Development Corp. has developed preliminary designs for “offtake” facilities that would allow communities to take natural gas from a large-diameter gas pipeline, if one were built. The designs were presented to AGDC’s board of directors at its June 11 meeting. CANADA'S ENERGY CITIZENS.  Canada’s oil and gas industry strives to continuously improve our safety record and the safe transportation of our energy products. When it comes to tanker safety we have a record to be proud of and we are [...]

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6-18-15 Why Shale Critics Have It Wrong

By |2016-12-22T22:28:16-09:00June 18th, 2015|Alaska Taxes, Commentary|

Oil Tax Commentary   WSJ.  Video interview, "Why shale critics are wrong." Calgary Herald by Stephen Ewart.  With the NDP government’s first throne speech Monday, Premier Rachel Notley began disappointing the party’s core supporters in the environmental community by championing exports of Alberta oil to global markets as part of a Canadian energy strategy. Recently, we commented on the onerous similarities between oil tax perspectives of Governors Kasich of Ohio and Palin of Alaska.   Alaska has just now, after nearly a decade of economic downturn, managed to repeal and overcome some of the damage done by Palin's populist, anti-oil tax policy. [...]

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6-17-15

By |2016-12-22T22:28:16-09:00June 17th, 2015|Uncategorized|

Caelus Energy Alaska, LLC's Casey Sullivan (NGP Photo) reports the company has acquired a 75 percent working-interest ownership in NordAq Energy Inc.’s Tulimaniq leases located in Smith Bay on the North Slope of Alaska. Smith Bay is approximately 150 miles west of Prudhoe Bay and is well documented for its extensive hydrocarbon potential. Slightly more than 117,000 acres (gross), the 26 leases were assigned to Caelus Energy Alaska Smith Bay, LLC a wholly owned subsidiary of Caelus. As a result, Caelus becomes the operator and will lead the exploration drilling [...]

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6-16-15 Is Alaska’s Governor Seeking Control Of The Ak LNG Project; Or, A Governent Owned Project?

By |2016-12-22T22:28:16-09:00June 16th, 2015|Alaska Taxes, Commentary, LNG, Reader Comment|

Alaska Governor Bill Walker's June 8 Letter To AK LNG Participants Doesn't Exactly Radiate Cooperation  by Dave Harbour (In fairness, we wish to provide this comment from an anonymous reader.  -dh) Today, we ask if Alaska Governor Bill Walker (NGP Photo) is seeking cooperation with participants in the AK LNG project, or is he seeking to control those free market participants, or is he angling toward a separate, government owned project?   Here is a letter Walker sent yesterday to House and Senate resource committee leaders which included the copy of a letter [...]

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6-15-15

By |2016-03-13T03:54:15-09:00June 15th, 2015|Personal|

Petroleum News.  Oil Patch Bits: Bell acquires operations manager - 06/14/2015 (Login to read Full story) F. Robert Bell and Associates announced that Frank Thomas “FT” Bell has returned to the firm and will fill the new position of operations manager to further develop company goals. He will help Bell and Associates run more efficiently and grow as much as possible. In addition, he hopes Bell and Assoc....

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6-14-15 Government Gas Distribution System Update

By |2016-03-13T03:54:14-09:00June 15th, 2015|Intrastate Gas|

Petroleum News.  Request for proposals for Interior Gas Project due Aug. 3 - 06/14/2015 (Login to read Full story) The Alaska Industrial Development Export Authority has issued a request for proposals for the Interior Energy Project, with proposals due Aug. 3, the first step in what the agency describes as a two-step public process. The goal of the Interior Energy Project is to provide low-cost energy to Interi....

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6-13-15 EPA Retreats On Fracking

By |2016-03-13T03:54:14-09:00June 15th, 2015|Federal Progress, Fracking|

Petroleum News: EPA: No widespread harm from fracking - 06/14/2015 (Login to read Full story) Hydraulic fracturing to drill for oil and natural gas has not caused widespread harm to drinking water in the United States, the Environmental Protection Agency said June 4 in a report that also warned of potential contamination of water supplies if safeguards are not maintained. A draft study issu....

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6-12-15

By |2016-03-13T03:54:14-09:00June 12th, 2015|Federal Progress, LNG|

KTVA VIDEO.  Alaska is on track to build the largest natural gas project in the world, according to the Alaska Gasline Development board. They say the U.S. Department of Energy’s license approval is big news — it means Alaska will be allowed to sell its liquefied natural gas (LNG) to any country in the world. Before, only countries on the United States’ free trade list were allowed. It will open the market into Asia, where countries like Japan are in desperate need of LNG. “Getting that, I can’t say enough, it’s a [...]

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6-11-15

By |2016-12-22T22:28:16-09:00June 11th, 2015|Arctic Policy, OCS, Reader Comment, You Read It Here First|

  Tomorrow....     Commentator Thorpe Watson advises us to get ready for a medieval lifestyle.  This morning he emails us that: The G7 countries have declared war on hydrocarbon fuels (aka “fossil fuels”).    They have pledged to end the production and use of coal, oil, and gas by 2100. (The Telegraph  9 June 2015 “G7 pledges to end fossil fuel use this century”).   In other words, it is a pledge to commit economic suicide and to make us more vulnerable to natural climate change. It is a bleak [...]

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6-11-15

By |2016-12-22T22:28:16-09:00June 11th, 2015|Uncategorized|

  Today's Energy Links From Consumer Energy Alliance: Town Hall: Follow the Trend: Support Energy Development  A new trio of polls shows what’ll be at the top of Americans’ minds when they hit the voting booths next year to elect a new commander-in-chief – energy production. Surveys administered recently by Consumer Energy Alliance show that more than 80 percent of voters in Iowa, New Hampshire and South Carolina – the first three primary states – said that candidates’ energy policy would be a key decision point on how they vote next [...]

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6-10-15 EPA’s Latest! – Ohio’s Kasich an Energy Disaster?

By |2016-12-22T22:28:16-09:00June 10th, 2015|Federal Obstruction, You Read It Here First|

  Friday We Wonder If Today's EPA Announcement Pleases Our Energy Readers: layer this on top of the WOTUS, Ocean Policy, ESA, CAA, CWA and War on Coal MATRIX!  Like the industrious Lilliputians did with Gulliver, is EPA -- under White House direction -- strapping the great American economy to the ground, immobilizing it, pretext to total control of the people and their free enterprises?  Frankly, the EPA's authoritarian use of rulemaking -- to us -- more resembles a well coordinated attack strategy than simple incompetence.   -dh (Ref. 2012 E.O.) RELEASED TODAY: BP's [...]

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6-9-15 Alaska has a new Arctic oil competitor (i.e. NWT shale plays with estimated gross reserve POTENTIAL of 190 billion barrels of oil in place)

By |2016-12-22T22:28:17-09:00June 9th, 2015|Arctic Policy|

A new competitor for the Alaska oil patch: A Bakken-sized NWT shale play?   More.... The Hill's Energy Links NOTE: NEXT WEEK, the U.S. House of Representatives Subcommittee on Energy and Mineral Resources will have an Oversight Hearing on Arctic Resources and American Competitiveness.  Our readers may watch, live.  Here's more....     -dh U.S. Sen. Lisa Murkowski (NGP Photo), today advanced her efforts to end the current prohibition on most U.S. crude oil exports in a report entitled “Rendering Vital Assistance: Allowing Oil Shipments to U.S. Allies.”  More.... BP in Alaska is a biannual [...]

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6-8-15

By |2016-12-22T22:28:17-09:00June 8th, 2015|Arctic Policy|

WASHINGTON, D.C. – The Committee on Natural Resources has scheduled a markup beginning on Wednesday, June 10, 2015 at 4:00 PM in 1324 Longworth House Office Building. The Committee will consider the following bill, among others: H.R. 2295 (Rep. Thomas MacArthur), To amend the Mineral Leasing Act to require the Secretary of the Interior to identify and designate National Energy Security Corridors for the construction of natural gas pipelines on Federal land, and for other purposes. “National Energy Security Corridors Act” ​​TODAY'S RELEVANT ENERGY CLIPS FROM CONSUMER ENERGY ALLIANCE: KZOR FM 94.1 – Hobbs, New Mexico: Media Interview. This week [...]

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6-7-15 Oil Taxes Approach the Alaska Political Spotlight Again

By |2016-12-22T22:28:17-09:00June 7th, 2015|Alaska Taxes, Alaskanomics|

Comment.  Readers can be sure that when Alaska's governor calls a summit on the state's fiscal situation, the outlook for oil and gas investors becomes less certain.  (See ADN story, column left) This is because the natural course of politics is to tax entities with the most cash and fewest votes and protecting large voting blocks of beneficiaries. For example, the capital intensive oil industry employs very few, highly skilled masters of technology to produce great wealth.  Other industries, like commercial fishing and tourism are people intensive; they employ huge armies [...]

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6-5-15

By |2016-12-22T22:28:17-09:00June 5th, 2015|Uncategorized|

What America's Decline in Economic Freedom Means for Entrepreneurship and Prosperity  Why did the U.S. economy recover so slowly from the 2008 recession? What lessons have economists learned that can encourage economic growth in the future? A new book, comprised of five essays by noted U.S. economists, connects the dots between the role entrepreneurs and small businesses play in growing an economy, how high levels of economic freedom increase both the quantity and quality of entrepreneurship, the decline of economic freedom in the United States since 2000, and how the [...]

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