12-29-13 Governor Frank Murkowski Opines On Pipeline

Alaska Dispatch, by Frank Murkowski (NGP Photo).   I urge that we not continue to fund overlapping energy projects. Over the last several years the administration and the Legislature have authorized the following: 1. $557 million has been expended over the last nine years on consultant fees and reports; 2. In the last session the Legislature approved $355 million for the in-state bullet line on top of $72 million from former years; 3. The Legislature committed $332.5 million in grants and loans to truck North Slope gas to Fairbanks; and 4. The Legislature appropriated [...]

By |2016-03-13T03:48:15-09:00December 30th, 2013|Alaska Taxes, Interstate Gas, Intrastate Gas|0 Comments
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12-20-13 “Don’t Forget the Mackenzie Delta!”

See Today's Petroleum News Headlines Here. CBC: Joint review panel says Northern Gateway Pipeline project is in best interest of Canadians  -  CALGARY HERALD RELATED STORY TODAY: BY JAMES WOOD AND CHRIS VARCOE Don't Forget the Mackenzie Delta! Will Alaskan and Canadian Investors Merge Their Interests Into the Most Efficient Outcome for Arctic Gas? by Dave Harbour Globe & Mail, TUESDAY by Jeffrey Jones.   Before the end of the year, Imperial Oil Ltd. and its partners must inform the National Energy Board of its intentions with the Mackenzie gas project, the $16.2-billion [...]

By |2018-08-17T11:42:00-09:00December 20th, 2013|Alaska Taxes, Commentary, Interstate Gas, Intrastate Gas, You Read It Here First|0 Comments
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12-13-13

Petroleum News North of 60 Mining News Yesterday, Alaska Governor Sean Parnell (NGP Photo) unveiled his FY 2015 budget, proposing $1.3 billion less in general fund spending than the current year and 150 fewer positions.  This FY 2015 budget proposes 18.4 percent less in general fund spending than the current year.   IN CASE YOU MISSED IT: - Nuke industry to Obama: You need us    - Vehicle fuel economy hits record high - House Dems press Obama to halt Keystone XL review - Bipartisan push imperils ethanol mandate - GOP [...]

By |2016-12-22T22:29:53-09:00December 13th, 2013|Alaska Taxes, What The Other Side Is Up To|0 Comments
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12-8-13

ADN Guest Editorial by Lynn Johnson (NGP Photo).  A state that is 90 percent dependent on oil revenues cannot afford to lose 200,000 barrels of daily oil production -- and continue to prosper.  Yet that has been the state's fate under the ill-advised oil tax policy known as ACES.  Since ACES passed in 2007, North Slope production has fallen almost 31 percent while production is up everywhere else in the nation. ACES caused Alaska to miss out on the oil boom brought about by high oil prices.  That should concern [...]

By |2016-03-13T03:48:49-09:00December 8th, 2013|Alaska Taxes|0 Comments
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11-25-13

Globe & Mail by Eric Reguly.  Oil prices fell as much as 2 per cent on Monday (Today), after Iran reached a deal with six world powers....  Petroleum News.  Troubled times in Canada - 11/24/2013  Obstacles piling up in front of Canada's petroleum industry and its government allies are accumulating so rapidly that hopes of exporting ...​ ADN Commentary by Paul Jenkins re: Repeal of Oil Tax Reform: "Two former Democratic governors, Tony Knowles (NGP Photo-r) and Bill Sheffield (NGP Photo-l), have expressed opposition to any repeal. Just about everybody running for important state [...]

By |2016-12-22T22:29:54-09:00November 25th, 2013|Alaska Taxes, Federal Obstruction|0 Comments
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11-15-13 – New Battle For ANWR Begins!

Commentary:  Yesterday, BP's Dawn Patience provided a report demonstrating that the company spends $1.5 billion and supports more than 350 vendors, 2,300 BP employees and 22,500 total jobs in Alaska.  Here's the .pdf.   The company's significant, Alaska projects include, "13 oilfields on the North Slope (including Prudhoe Bay, Endicott, Northstar and Milne Point), which account for about two-thirds of Alaska oil production."  The report goes on to note that the company spent over $25 billion with 15,000 vendors throughout the country in 2012, creating a national economic impact of [...]

By |2016-12-22T22:29:55-09:00November 15th, 2013|Alaska Taxes, Commentary, Federal Obstruction, You Read It Here First|0 Comments
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11-5-13 Parnell Touts Benefits of Oil Tax Reform

Commentary:  Late yesterday, we received a copy of a letter (below) from Alaska Governor Sean Parnell (NGP Photo) addressed to citizens.   We have supported tax reform in the spirit of fairness.  However, in the sense of 'enlightened self interest', we know that absent a competitive investment climate in an oil-abundant era, Alaska's production and economic strength will continue to decline.   Tax Commentary: We would suggest that economic principles apply throughout the free market--whether one is employed by the film, cruise, fishing, farming, manufacturing or oil industry.  "The more [...]

By |2016-12-22T22:29:56-09:00November 5th, 2013|Alaska Taxes, Commentary|0 Comments
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10-26-13 Has Oil Tax Reform Made Alaska’s Investment Climate Half Full or Half Empty?”

Comment: Yesterday we editorialized about more evidence supporting Alaska's oil tax reform bill, including Caelus Energy's entry into Alaska partly in response to oil tax reform.   Today, Alex DeMarban (NGP Photo) of the Alaska Dispatch provided a more in-depth report in which he editorialized that: "The departure of Pioneer from Alaska seems to cut into a major plank of Senate Bill 21, a huge tax cut for the state's oil producers that was supposed to help Alaska's dwindling oil fields overcome competition from booming shale deposits in Texas and North Dakota." DeMarban then quoted from a [...]

By |2016-12-22T22:29:56-09:00October 26th, 2013|Alaska Taxes, Commentary, Reader Comment|0 Comments
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10-25-13

Our Commentary Goes Nationwide We find more evidence supporting the wisdom of oil tax reform by Dave Harbour CBC.  To avoid disturbing the site where ancient human bones were discovered, a Saskatchewan pipeline company says it will tunnel deep below.​ On Wednesday, we inventoried ways in which the Federal government was hamstringing job creation by blocking natural resource development (i.e. Thinking Critically About CNBC). Yesterday, we noted that the Steller Sea Lion is finally off the threatened species list. Today, Congressman Doc Hastings (NGP Photo) explains why citizens must still [...]

By |2016-12-22T22:29:57-09:00October 25th, 2013|Alaska Taxes, Commentary, Federal Obstruction, You Read It Here First|0 Comments
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10-23-13 Why All Alaskans Should Support Oil Tax Reform: We’ve Proved It Works!

Commentary: We've Proven Tax Reform WORKS! This morning, Alaskanomics sheds light on how much film production tax credits have helped the economy.  Here's a Peninsula Clarion story that demonstrates how five separate tax incentives have leveraged more jobs and production in the Cook Inlet Area.  With these two examples of how moderate, competitive tax policy produces good results for Alaska, one wonders why several legislators and community activists are trying so hard to repeal SB 21, the "More Alaska Production Act" designed to increase Alaska North Slope production, jobs, Trans Alaska [...]

By |2016-12-22T22:29:57-09:00October 23rd, 2013|Alaska Taxes, Commentary|0 Comments
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10-21-13

HOUSTON'S ENERGY DAY IS BIG SUCCESS!  Cities all over North America could emulate this model to interest children in Innovation, Science, Technology, Energy, Engineering and Math! Energy Day Festival Sparks New Interests for Houston Area Students  Mayor Parker and Event Organizers Urge Students to Pursue Careers in Energy  Houston, TX – Twenty thousand people turned out Saturday to applaud more than 85 Houston area teachers and students who were recognized at the third annual Energy Day Festival.  Elementary, middle school and high school age students participated in one of six contests exploring the science and [...]

By |2016-12-22T22:29:57-09:00October 21st, 2013|Alaska Taxes, Commentary|0 Comments
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9-26-13 Appearing As A Guest On Terzah’s Alaska Political Insider Show

From Michael Soukup in Governor Sean Parnell's office:  Alaskan trucking companies have a renewed sense of optimism as new opportunities are being created across the state. According to Scott Hicks of Alaska West Express, things like more jobs, more production, and more cash to the state are why he’s excited about the More Alaska Production Act and its impact on the trucking industry. To view his testimonial, please visit: http://gov.alaska.gov/parnell/priorities/resources/more-alaska-production-act/testimonials.html We have made careful note over the years of many instances of "Federal overreach" in Alaska.  We have organized those [...]

By |2016-12-22T22:30:15-09:00September 26th, 2013|Alaska Taxes, Federal Progress|0 Comments
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9-11-13 “Lest We Forget”

Chris Smith Nominated to be Assistant Secretary for Fossil Energy “Many of us recall September 11, 2001,” said Governor Sean Parnell (NGP Photo). “It’s a day that will live forever in our memories. We observe this day in honor of those who were injured or who died, when our homeland came under attack by terrorists.” CBC.  TransCanada Corp.'s proposed west-east pipeline could create 10,000 jobs and generate $10 billion in additional GDP during the development and construction phase... Today, we provide our energy column, "Decision", sent to tens of thousands [...]

By |2016-12-22T22:30:17-09:00September 11th, 2013|Alaska Taxes, Commentary|0 Comments
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9-6-13 North Slope Borough Breaks Ground For $90 Million In Utility Improvements At Prudhoe Bay

"US Leadership In An Emerging Arctic" is the lecture topic next Tuesday in Anchorage, when Ambassador David Balton (NGP Photo) and former Lieutenant Governor Fran Ulmer (NGP Photo) will address the World Affairs Council.  Reservations here. Various Arctic energy issues are certain to be addressed, including Arctic shipping, resource development, and sovereignty issues.  -dh   "Alaska's Troubled Romance With LNG", by Dave Harbour.  Here is this week's Xtra column, submitted for distribution to tens of thousands of households.   Note that these columns (see them all, here) are limited to about 1,000 [...]

By |2016-12-22T22:30:18-09:00September 6th, 2013|Alaska Taxes, Arctic Policy, Commentary, You Read It Here First|0 Comments
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8-28-13

Here is A Link For Readers To Our Latest Column In Xtra, Anchorage's Community Newspaper.  Here Is Our Unedited Submission: "Responsibility" Another Abuse of Endangered Species Act Relevant to our essay, above, on 'Responsibility', Canada's Globe & Mail piece by Jeffrey Jones notes the importance of tax policy to energy project investors.  We believe that all decision makers will want to take heed.  Those who support higher taxes and regulatory barriers, in essence, wish for fewer energy jobs and investment while those who seek moderate taxes and rules will create more attractive [...]

By |2016-12-22T22:30:19-09:00August 28th, 2013|Alaska Taxes, Commentary, Federal Obstruction|0 Comments
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