10-30-12 Is Alaska Fiddling While Russia Fires Up Arctic Gas Exports?

ADN Op-Ed by Scott Jepson (NGP Photo).  ...high taxes on North Slope oil production, in particular the tax increases passed by the Legislature in 2007 under a bill called ACES, are hurting the investment climate on the North Slope and ultimately the long-term health of Alaska's economy. Calgary Herald by Dan Healing.  Growing competition from oilfields as far away as Colombia and Brazil make it increasingly critical that Canada gain access to new markets for its oil, says a Scotiabank report released Monday. Alaska Dispatch by Tony Hopfinger and Scott [...]

By |2016-12-22T22:31:41-09:00October 30th, 2012|Alaska Taxes|0 Comments

10-25-12

Calgary Herald by Dan Healing.   The Montney resource play that has sparked several recent takeover bids is the driver behind a $258-million all-stock bid by Tourmaline Oil Corp. for private Huron Energy Corp.     Alaska House of Representatives Natural Resources Press Office: Obama Administration American Energy Roadblocks Part 2: Hydraulic Fracturing on Federal Lands            Our friend, Brad Keithley (NGP Photo) alerts readers of his blog: In addition to the 59 legislative races that have been — and will continue to be — widely discussed between now and election day, [...]

By |2016-12-22T22:31:41-09:00October 25th, 2012|Alaska Taxes|0 Comments

10-22-12

Platts by Tim Bradner.  A group of Japanese Companies has opened an office in Alaska in hope of working with the state, North Slope producers and TransCanada on a large natural gas liquefaction project, an official for the group said Monday.  The Consortium, Resources Energy, is proposing to build and own an LNG plant at a south Alaska tidewater port, but also could invest in the pipeline needed to bring North Slope gas south to the proposed plant, the company's Alaska manager, Mary Ann Pease (NGP Photo), said.  ...  Members [...]

By |2016-12-22T22:31:42-09:00October 22nd, 2012|AGIA, Alaska Taxes|0 Comments

10-20-12

ADN OP-Ed by Vince Beltrami (NGP Photo).  In last week's ADN Paul Jenkins said this: "A union front, the Putting Alaskans First Committee, is dedicated to saving the state Senate Bipartisan Working Group and Alaska's Clear and Equitable Share oil tax (ACES) -- even at the expense of Alaska's future."  Jenkins got the first part right, but he whiffed on the back end.  

By |2016-12-22T22:31:42-09:00October 20th, 2012|Alaska Taxes|0 Comments

10-19-12

Edmonton Journal by Michael Smyth.  As Premier  Christy Clark (EJ Photo-L) ramps up the rhetoric on the proposed Enbridge pipeline, it’s important to know exactly where she stands on the $6-billion megaproject.  ...  Consider Clark’s demand for a “fair share” of pipeline profits, an issue that’s triggered a nasty war of words with Alberta Premier Alison Redford (EJ Photo-R).  Redford is angry that Clark has suggested Alberta’s domestic oil royalties could possibly be shared with B.C. in return for this province’s support of the pipeline, which would connect Alberta’s oilsands to our coast.  No [...]

By |2016-12-22T22:31:42-09:00October 19th, 2012|Alaska Taxes, Commentary|0 Comments

10-16-12

Commentary:  Yesterday we commented on elected officials who set policies that benefit the cravings of this generation's constituents at the expense of an economy that sustains future generations.  Representative Les Gara's (NGP Photo) ADN editorial today is a perfect example of this mindset: profiting from intergenerational theft.  On the national scene, we see the principle at work among those with the power to borrow money from China and Japan, thus incurring debt for tomorrow's generation to fund the greed of today's constituents.  This trend is deplorable and we shall have more [...]

By |2016-03-13T03:43:57-09:00October 16th, 2012|Alaska Taxes, Commentary|0 Comments

10-15-12

Will Americans Elect Wiser, More Energy Savvy Officials In November?  Commentary by Dave Harbour Today's Wall Street Journal Editorial.  President Obama is campaigning as a champion of the oil and gas boom he's had nothing to do with, and even as his regulators try to stifle it. The latest example is the Interior Department's little-noticed August decision to close off from drilling nearly half of the 23.5 million acre National Petroleum Reserve in Alaska.  The area is called the National Petroleum Reserve because in 1976 Congress designated it as a [...]

By |2016-12-22T22:31:42-09:00October 15th, 2012|Alaska Taxes, Commentary, Federal Obstruction|0 Comments

10-12-12

As the Alaska LNG project discussion continues, please note our new 'media' link in the right hand column: Jim Jenson (LNG), a valuable research source on this subjects.  -dh Yakutia Airlines announces that its 2013 summer Alaska-Russian Far East service will operate from Anchorage to Petropavlovsk-Kamchatsky and Khabarovsk. Oil & Gas Journal (i.e. full. article) by Alaska Economist Roger Marks (NGPPhoto).   Comment: When Steve Forbes visited Alaska recently, he said, "...the State has the worst energy tax structure in the world -- except for North Korea.  "With a sustainable tax structure," he said, "you [...]

By |2016-12-22T22:31:42-09:00October 12th, 2012|Alaska Taxes|0 Comments

10-11-12

"We could move toward energy self-sufficiency by the end of the decade," said Consumer Energy Alliance President David Holt (NGP Photo) this week following release of a new study of fossil fuel potential.   The Alaska State Chamber of Commerce announced its top state and federal priorities yesterday:   Comment:  We compliment the Chamber for its leadership and positions.   State and federal leaders would do well to heed the advice of these business leaders, job creators. During its meeting, the Chamber highlighted the University of Alaska Fairbanks' "Alaska Business Week" [...]

By |2016-12-22T22:31:43-09:00October 11th, 2012|Alaska Taxes, Federal Obstruction|0 Comments

10-9-12

Here is Cory Renauer's (Photo-r) Alaska Gas Pipeline Risk Analysis (Seeking Alpha) (Notice: two readers told me they encountered a 'virus warnining' when activating the link above.  I checked the link several times and ran my virus program check on the URL.  It received a clean bill of health.  If anyone has information to the contrary, please advise.  -dh) Notes: Alberta's oil fired economy is doing quite well.  TONIGHT: A big night for the Alaska Support Industry Alliance!  Other Consumer Energy Alliance and American Energy Alliance Daily Energy Links Here.  [...]

By |2016-12-22T22:31:43-09:00October 9th, 2012|AGIA, Alaska Taxes, Commentary, Reader Comment|0 Comments

10-8-12 Crouching Grouches Remembered!

Saskatchewan is growing up to be a big energy Province! Is the "Crouching Grouches" Spending Message of 2002 Still Timely? by Dave Harbour In 2002 oil was less than $17/barrel, about the same as it was priced in 1987 and Alaska Senator Fred Dyson (NGP Photo) was chairman of a legislative caucus calling itself the 'Crouching Tigers Grouches Caucus". The low price of oil was combining with the diminishing throughput trend we still have today to create more of an atmosphere of 'crisis' than of the more muted 'concern' we have [...]

By |2016-12-22T22:31:43-09:00October 8th, 2012|Alaska Taxes, Commentary|0 Comments

10-5-12

This morning, House Natural Resources Committee Chairman Doc Hastings (NGP Photo) commented on today's September jobs report from the Bureau of Labor Statistics.  “When there are 23 million unemployed or underemployed Americans, it’s always welcome news to see people getting back to work. Unfortunately, staggeringly high unemployment rates have become all too common and there are still too many families struggling to make ends meet. Meanwhile, the Obama Administration has continued its assault on American job creators. Nowhere is this more evident than American energy production where government red tape [...]

By |2016-12-22T22:31:43-09:00October 5th, 2012|AGIA, Alaska Taxes, Commentary|0 Comments

10-2-12

Here are the latest Alaska natural resource messages from a natural resource organization including 400 employers of over 35k Alaskans    Dan Fagan (NGP Photo) has asked your publisher to be on his show this morning at 7 a.m. Alaska time with co-host Elizabeth Giordano.  For those interested, we'll try to find a podcast to post later.  -dh   See our earlier commentary regarding the Alaska Northern Waters Task Force:  Now for our current update and opinion:  Alaska's legislature appears to overreach its constitutional authority by establishing an entity, under its own aegis, [...]

By |2016-12-22T22:31:43-09:00October 2nd, 2012|Alaska Taxes|0 Comments

8-30-12 Murkowski Lauds Feds For Shell Decision

U.S. Senator Lisa Murkowski's (NGP Photo) office this morning  released the following comment regarding a decision by the Bureau of Safety and Environmental Enforcement (BSEE) to allow Shell to conduct preparatory work in the Chukchi Sea this summer.  “Today’s decision is a positive step that will allow Shell to begin necessary preparatory work, while maintaining the highest environmental standards to ensure the protection of the Arctic,” Murkowski said. “While we would all like to see a discovery this summer, the most important thing is for Shell to continue to make progress and [...]

By |2016-12-22T22:31:45-09:00August 30th, 2012|Alaska Taxes, Coastal Management, Commentary|0 Comments

8-20-12

Several days ago we wrote an editorial entitled, TAPS and Spend.  One of our decade-long readers, Dan Kish, responded with the following comment: Dave: Again this winter, could gas supply for Alaska's most populous area be at risk?  (See Lisa Demer's ADN article.)  Commentary: Over five years ago, three of five members of the Regulatory Commission of Alaska voted to reject a gas supply agreement (GSA) negotiated between Enstar and Marathon that would have provided for Enstar's Southcentral Alaska needs through 2016 at roughly Henry Hub prices (i.e. Today, $2.19/MCF vs. current RCA-approved [...]

By |2016-12-22T22:31:47-09:00August 20th, 2012|Alaska Taxes, Commentary|0 Comments
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