3-6-14

By |2016-03-13T03:52:20-09:00March 6th, 2014|Uncategorized|

This week Chairman of the U.S. House of Representatives Natural Resources Committee, Doc Hastings (NGP Photo), provided a comment on President Obama's proposed budget: “The President’s budget once again taxes too much and spends too much, while not doing enough to create jobs and grow our economy.  The budget also fundamentally fails to recognize that responsibly harnessing and maintaining our natural resources can actually save taxpayer dollars and bring in new funds to the federal treasury.  “Instead of imposing new taxes and fees on American energy, let’s open new areas [...]

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3-5-14 LNG Competition

By |2016-12-22T22:29:41-09:00March 5th, 2014|Interstate Gas, Intrastate Gas, LNG, Notes From the Road|

Tough competition expected among new LNG projects by Bill White, Office of the Federal Coordinator bwhite@arcticgas.gov [1]  March 4, 2014 Bill White and Office of the Federal Coordinator, under leadership of Larry Persily, provide a useful service to government and industry with scholarly essays on issues and facts related to disposition of Alaska North Slope Gas.  In this piece, White carefully analyzes various aspects of Alaska LNG competition. Please also see our 2-12-14 commentary on the same subject.  -dh HOUSTON — Too many potential liquefied natural gas export projects are chasing the expected [...]

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3-4-14 Palin Predicted Ukraine – Romney Advocated Stand Against Russia

By |2016-12-22T22:29:41-09:00March 4th, 2014|Alaska Taxes, Arctic Policy, Commentary, Interstate Gas, Intrastate Gas, LNG, Notes From the Road|

BP today announced its intention to establish a separate business to manage its onshore oil and gas assets in the US Lower 48. See today's Globe & Mail piece on Asian LNG competition for price   Comment: Yesterday we noted that two legislators are planning for a new oil revenue stream should voters adopt an August Primary Ballot proposition to repeal oil tax reform.   That revenue stream will be based on a new policy emphasis on state investment and equity into oil and gas exploration and development projects.  These are the [...]

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3-3-14 Democrats Propose More Government Oil Industry Ownership

By |2016-03-13T03:52:07-09:00March 3rd, 2014|Alaska Taxes|

Peninsula Clarion (Morris News Service/Alaska Journal of Commerce), by Tim Bradner (NGP Photo, at Nikiski LNG Terminal).   Minority Democrats in the Legislature unveiled their vision of an oil tax system should voters this summer roll back the tax structure lawmakers approved last year. .   .   . “There are (state) entities around the world that own a share of their oil industry (through state oil companies) and I have confidence that we have the ability to do this,” said Sen. Bill Wielechowski (NGP Photo). .     .     . “The governor’s giveaway is a [...]

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3-2-14 Is Global Cooling About To Overrun Global Warming? What Would Aristotle Say?

By |2016-12-22T22:29:41-09:00March 2nd, 2014|Commentary, Enviro-Industrial-Governmental Cabal, Federal Obstruction, Global Warming, Notes From the Road|

From Forbes Opinion by Peter Ferrara​ Dear Readers:  We have documented excesses in policy and deficiencies in decision making owing to the 'global warming' faith crowd.   Still, we must prize facts and science over politics in our search for 'Endless Progress'.  In this spirit, we ask our more knowledgeable friends to help us with a response or rebuttal to this reaction to Ferrara's commentary.    -dh (Our Comment: The Obama Administration departments -- including DOD -- base many changing policies on a bureaucratic faith in the siren calls of global warming.   [...]

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2-28-14

By |2016-12-22T22:29:41-09:00February 28th, 2014|Commentary, Federal Obstruction, Reader Comment|

Retired Executive Director of the Alaska Miners Association, Steve Borell, sent this pipeline map of the troubled Ukraine today, saying, "If you want to understand this mess very quickly, just look at the map."   Thank you, Steve.    Clearly, Russia has leverage over Ukraine.  Depriving Ukraine of energy supplies or reasonably priced energy could deal a devastating economic blow to the struggling country. The map also illustrates the importance of the United States and Canada reasonably developing their own energy resources.  Energy is the building block of an economy and all [...]

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2-27-14

By |2016-12-22T22:29:41-09:00February 27th, 2014|Interstate Gas, LNG, Notes From the Road, OCS|

Early Thursday News:   This morning, we board our favorite airline, Alaska (NGP Photo, "Rockey Mountain High"), heading to Miami then on a wonderful partner airline (American) bound for writing and photography in Ecuador for a few weeks.  Never fear, dear reader: every day we keep close in touch with goings on in the energy scene through our friends and associates from Inuvik to Calgary, Toronto, Washington, Houston, Williston, Juneau, Anchorage, Faribanks and Barrow...and beyond.  You are our priority, and we'll keep you informed!  -dh Juneau Empire by Matt Woolbright.  Leaders [...]

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2-26-14 SUPPORT KEYSTONE XL

By |2016-12-22T22:29:41-09:00February 26th, 2014|Commentary, Federal Obstruction|

Governor Sean Parnell (NGP Photo) is former Chairman of the OCS Governor's Coalition.  This week we learned that Virginia's new governor, democrat Terry McAuliffe, has joined the coalition.  The governors are urging Interior Secretary Sally Jewell to open OCS areas for oil and gas leasing that the Administration has, to date, kept closed. Dear Readers: Our friends at the Resource Development Council (RDC) for Alaska have asked Alaskans (and our Canadian readers, too; why not?) to make their voices heard in support of the Keystone XL Pipeline. Why? Because North American [...]

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2-25-14 “Alaska, where a deal is a deal?”

By |2016-12-22T22:29:41-09:00February 25th, 2014|Alaska Taxes, Commentary|

Today, we learned that the Board of Directors of Bristol Bay Native Corporation has urged shareholders to support Alaska's tax reform bill, SB21 and vote against repeal in the August primary election.  (Website).  -dh Globe & Mail.  Spanish oil major Repsol SA says its board of directors has approved a definitive $5-billion (U.S.) settlement from Argentina.  Repsol is a new Alaska North Slope company which, after the Argentina adventure, are seeking a more productive experience in the far North.  As we wrote in October, the jury is still out on Repsol's [...]

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2-24-14 More Fracking Means More Jobs

By |2016-12-22T22:29:41-09:00February 24th, 2014|Uncategorized|

  Related PNA Story.  ConocoPhillips Alaska has added another project to those it has announced since passage of oil tax reform by the Alaska Legislature last spring. Petroleum News by Eric Lidji.  The Institute of Social and Economic Research at the University of Alaska Anchorage expects oil and gas companies to spend some $4.255 billion this year in the state, almost half of the $9.1 billion in total construction spending the researchers expect this year. EETV VIDEO.  How are local hydraulic fracturing bans affecting natural-gas-intensive industries? During today's OnPoint, Jennifer Diggins [...]

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2-22-14 Commonwealth North Tackles Gas Pipeline Issues

By |2016-03-13T03:49:52-09:00February 23rd, 2014|Uncategorized|

On February 19th, Commonwealth North hosted the UAA Seawolves Debate Team to debate both sides of the question, "Should the State of Alaska take an ownership stake in a North Slope gas pipeline project?"  The team did an excellent job of representing both sides of this important public-policy issue.  The debate was both entertaining and informative and was also the beginning of a series of forums Commonwealth North will hold to present an in-depth analysis of possible State participation in a North Slope gas pipeline project.  Over the next several months, [...]

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2-21-14 Canada Pressures Obama On Keystone; Murkowski Pressures For Arctic Ambassador

By |2016-12-22T22:29:42-09:00February 21st, 2014|Alaska Taxes, Federal Obstruction|

Lindsay Williams alerts us that Alaska Senate Resources Committee Chairman Cathy Giessel (NGP Photo) will hold a hearing Monday morning from 8-8:50 a.m. on SB 138 Gas Pipeline, AGDC, Oil & Gas Production Tax. Globe & Mail.  ​Prime Minister Stephen Harper was again rebuffed in his bid to press U.S. President Barack Obama to approve the controversial Keystone XL pipeline when he raised the issue during a North American leaders’ summit in Toluca, Mexico.  ***   Globe & Mail.   Tracts of land that had been set aside for reindeer grazing [...]

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2-20-14 Bob Berto Oil Tax Reform Commentary

By |2016-12-22T22:29:42-09:00February 20th, 2014|Alaska Taxes, Reader Comment|

The Institute of Social and Economic Research (ISER) recently released its FY 2015 update estimating how much Alaska’s state government can afford to spend from the unrestricted General Fund (UGF) in the coming fiscal year. In this year’s report, author Scott Goldsmith (NGP Photo) estimates that the state can afford to spend about $5 billion from the UGF in FY15. Guest Commentary On Oil Tax Reform by Bob Berto Alaska will sit at a critical crossroads when it is time to vote in this year’s primary election on the question [...]

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2-19-14 Approve Keystone XL Pipeline Now!

By |2016-12-22T22:29:42-09:00February 19th, 2014|Federal Obstruction|

(We found this way to support building of the Keystone Pipeline and encourage readers to review the website.  -dh) Alert the Federal Government You Support Building the Keystone XL Pipeline It is Time to Act.  Let's Make Our Voices Heard Today we'll be attending a CWN debate.   Be it resolved: The State of Alaska should take an ownership stake in a North Slope gas pipeline project.    The award - winning Seawolves will debate both sides of the issue followed by a vote of the audience. More to follow.... Thousands of construction [...]

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2-18-14 We Can Support Academic Freedom And Criticize Academic Activists!

By |2016-12-22T22:29:42-09:00February 18th, 2014|Commentary, Enviro-Industrial-Governmental Cabal, Personal, You Read It Here First|

Now in its second decade, the Inuvik Petroleum Show or “IPS” takes place every June in Inuvik, Northwest Territories.  Host to over 500 participants including delegates and exhibitors from across Canada and beyond , this three day tradeshow and conference is a must-attend event for the oil and gas sector.  (NGP Photo: author chaired 2002 oil & gas presentation.  Don't miss local restaurant specialties, surf and turf: musk ox and char!  The nighttime sing-alongs in lounges and friendly locals will make the trip memorable!) North Slope Borough and ConocoPhillips develop Alaska North Slope [...]

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