8-3-12 Alaska’s Perfect Economic Storm

Calgary Herald by Dan Healing.   International oil and gas producer Vermilion Energy Inc. said Thursday it will shut in six million cubic feet per day of Canadian natural gas production in the second half of the year because of low prices. Alaska's Perfect Economic Storm Commentary by Dave Harbour   A loyal reader, Tom Maloney of CH2M Hill-Alaska (NGP Photo) sent us this Alaska North Slope (ANS) extended production forecast gleaned from Alaska Department of Revenue data.  The data reflects a disastrous continuing decline of ANS production which is leading to [...]

By |2016-12-22T22:31:48-09:00August 3rd, 2012|Alaska Taxes, Commentary|0 Comments
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7-23-12

Yesterday, we participated in an outstanding presentation delivered to members of the National Association of Regulatory Utility Commissioners by "Fueling California" Chairman, Bob Sturtz (NGP Photo).  The presentation sought to demonstrate how California's experience could help energy consumers everywhere.   Since our readers know that state and federal energy policies are overlapping, we present this link that provides much useful information.  In general, California's experience is that political manipulation of energy programs, subsidies, regulations and a greenhouse gas emissions voter initiative has dramatically increased energy costs for consumers.  -dh EPA Deadline [...]

By |2016-12-22T22:31:50-09:00July 23rd, 2012|Alaska Taxes, Commentary, Federal Obstruction|0 Comments
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6-18-12 Will Growth of Alaska’s Corpulent State Government Outstrip Available Resources?

Before reviewing the excellent, Brad Keithley analysis below, please look at our earlier comment on 'Intergenerational Inequity" and the link to our Alaska Business Monthly Op-Ed on the same subject.  -dh "Alaska faces a comparable and equally dire fiscal crisis to that which has developed at the federal level. Due to current excessive state government spending, future Alaskans – which will include many of the current generation as they enter retirement – are facing a lower standard of living than present day Alaskans. As a consequence, Alaska needs its own [...]

By |2016-12-22T22:32:08-09:00June 18th, 2012|Alaska Taxes|0 Comments
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5-16-12

Washington Times Op-Ed Today: Senators Lisa Murkowski and David Vitter.  TransCanada’s decision to reapply for a federal permit to build the Keystone XL pipeline across the U.S.-Canadian border offers President Obama something that rarely comes around - a second chance to do the right thing. Calgary Herald by Dina O'Meara.  Oil and Gas Producers Keep Eye On Wildfires AP/ADN by Becky Bohrer.  Marc Langland (NGP Photo-R) and Jim Jansen (NGP Photo-L), co-chairs of the Make Alaska Competitive Coalition, in an email Tuesday, said they are not giving up on pressing for what they call meaningful [...]

By |2016-12-22T22:32:14-09:00May 16th, 2012|Alaska Taxes, Commentary, Federal Obstruction|0 Comments
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5-1-12

  Calgary Herald by Rebecca Penty.  Canada’s largest pipeline company based in Calgary is set to re-apply for U.S. federal approval to build its proposed Alberta-to-Texas Keystone XL oil pipeline while it also examines reconfiguring part of its Canadian mainline gas line into a conduit for oil. A repurposed mainline could deliver up to 800,000 barrels per day, according to the proposal, to eastern Canadian refineries eyeing western crude that’s selling at a bargain to world prices. Special session ends after House adjourns Anchorage Daily News Sean Parnell (NGP Photo) to lower oil [...]

By |2016-12-22T22:32:18-09:00May 1st, 2012|Alaska Taxes, Intrastate Gas|0 Comments
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4-22-12 – Is Alaska’s Legislature Making A Big Mistake?

Today, we are pleased to provide you with a link to Tom Brennan's important commentary... embellished a bit with our own.  -dh Commentary: Tom Brennan's (NGP Photo) commentary below, notes that the Alaska Legislature seems enamored with providing tax credits to companies that explore new, potential petroleum reservoirs on Alaska state lands (i.e. most 'explorers' are relatively new to Alaska and have expressed publicly or privately a concern that if they do discover anything, production in this tax climate will be difficult or impossible).  State law provides subsidies for explorers by over taxing [...]

By |2016-03-13T03:52:55-09:00April 22nd, 2012|Alaska Taxes, Commentary, Federal Obstruction|0 Comments
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4-17-12 Could America Experience Dictatorship This Summer

The US Coast Guard definitely recognizes that the Arctic presents a daunting challenge and the Canadian military of course sees the Arctic as a core concern.  Obama’s Quiet Executive Order: Reaffirming and Expanding Presidential Powers See Similar, Shorter Master Resource Version Here Commentary by Dave Harbour We wonder how many of our readers knew that one month ago, the President signed an updated Executive Order (E.O.) -- giving himself access to dictatorial powers -- under the guise of 'national defense' and under authority of the Defense Production Act of 1950.  Upon activation, [...]

By |2016-12-22T22:32:21-09:00April 17th, 2012|Alaska Taxes, Commentary, Enviro-Industrial-Governmental Cabal, Federal Obstruction, Personal|0 Comments
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4-16-12 – “In Alaska Is A Deal A Deal?”

Environment issues largely missing from election campaign - Edmonton Journal - That mash-up of debates has pushed the cleanup of oilsands tailings ponds or greenhouse gas emissions off the agenda, apart from campaign promises made by NDP leader Brian Mason and Alberta Liberal leader Raj Sherman, both of whom are polling low among ... Governor Sean Parnell Calls For Special Session Re: Gas Pipeline, Oil Taxes and Human Trafficking See Our Friday Editorial On Business Investment Climate and a Tax Foundation Report In  Alaska, Is A Deal A Deal? Commentary by Dave Harbour Today's Anchorage [...]

By |2016-12-22T22:32:22-09:00April 16th, 2012|Alaska Taxes, Commentary, Interstate Gas, Intrastate Gas|0 Comments
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4-15-12

ADN by Richard Mauer: The Senate on Saturday grabbed a modest, slow-moving bill encouraging petroleum drilling in the state's Interior, boosted it to the top of its agenda and stuffed it with a key piece of the oil tax reform it had been unable to pass in a much larger bill.   Sponsored by Rep. Peggy Wilson Co-Sponsors: Rep. Lynn, Rep. Costello, Rep. Kawasaki, Rep. Kerttula, Rep. Johnson, Rep. Tuck Rep. Peggy Wilson (R-2) House Majority Whip Chair, (H) TRA Com.  “An Act relating to fiscal notes for bills directing or resulting in the adoption, amendment, or repeal of [...]

By |2016-12-22T22:32:22-09:00April 15th, 2012|Alaska Taxes|0 Comments
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4-13-12 Debunking Detractors

Chenault opposes Senate committee rewrite of in-state gas pipeline bill - The Republic.  House Speaker Chenault told the Senate Community and Regional Affairs Committee that its rewrite of HB9 "neutered" the ability of the Alaska Gasline Development Corp., or AGDC, to advance a project. And he said it reinserts politics into efforts to bring a gas line ... See all stories on this topic »   Debunking Detractors (See our follow-up commentary, "In Alaska Is A Deal A Deal?") Commentary by Dave Harbour Yesterday (Scroll down) we complimented the Anchorage Daily Planet for outing the "It's Our [...]

By |2016-12-22T22:32:23-09:00April 13th, 2012|Alaska Taxes, Commentary, Intrastate Gas|0 Comments
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4-12-12

Calgary Herald Editorial.  The Ballad of Wiebo Ludwig.  Despite the unsolved killing of teenager Karman Willis on his Trickle Creek commune and his conviction as an oilfield bomber, the headstrong radical Wiebo Ludwig may well go down in history, or at least in the eyes of many, as an Alberta folk hero. "It's Our Oil" Commentary: We Offer Our Readers this Anchorage Daily Planet editorial by Paul Jenkins, who correctly 'outs' the 'It's Our Oil' crowd (See our own coverage here, NGP Photo of David Gottstein, with advocacy pin) -dh. [...]

By |2016-12-22T22:32:23-09:00April 12th, 2012|Alaska Taxes|0 Comments
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4-10-12 Marathon Sells Alaska Assets

 We added a new Sub-Tab, above, under 'Archives' for "Northern Gas Pipeline History".    It provides historical perspective from the Canadian Broadcast Corporation, the Alaska Gas Pipeline Federal Coordinator's office and from our own magazine and newspaper articles.  -dh Breaking story.... April 9 (Reuters) - Marathon Oil Corp said on Monday it agreed to sell its natural gas production, pipeline and storage assets in Alaska to privately held exploration and production company Hilcorp.  The sale includes 12.5 billion cubic feet of natural gas in storage as of the end of 2011, and [...]

By |2016-12-22T22:32:23-09:00April 10th, 2012|Alaska Taxes, Commentary|0 Comments
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4-4-12

Bloomberg by Colin McClelland.  Canadian natural gas rose as U.S. nuclear generation climbed from near a 10-month low and cooling demand approached double normal levels in parts of the South.   Alaska's Economy Is Threatened By Federal Administrative Actions and By the Alaska State Senate's Inaction.  Below Are Today's Examples of Both. Comment on Federal Actions:  Congressman Doc Hastings' (NGP Photo) office has been relentless in its effort to stop the Obama White House's end run around Congress' intent and authorizations.  One of the flagrant abuses of of the President's [...]

By |2016-12-22T22:32:27-09:00April 4th, 2012|Alaska Taxes, Commentary|0 Comments
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4-2-12 – Citizens — Not “Elitists” — Sent Juneau A Tax Reform Message Last Week

News Miner/AP by Becky Bohrer.  This could be the week the Senate releases its long-awaited oil tax plan. Those living in Anchorage should put Wednesday, April 4, 5 p.m. on their calendars for  a, "Public Rally For Fair Trials and Justice for Senator Ted Stevens (NGP Photo), at the PenAir Hangar, 6100 Boeing Avenue.  Enjoy the Rally, BBQ, good times.  Sign an open letter calling for government accountability and reform at www.alaskansforjustice.com. First thing Monday morning, 7 a.m. Alaska Time, I'll be appearing on Dan Fagan's television show to discuss the [...]

By |2016-12-22T22:32:27-09:00April 2nd, 2012|Alaska Taxes, Commentary|0 Comments
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3-30-12

ADN/AP.  A federal judge has ordered representatives of Greenpeace USA to stay a kilometer away from Shell Oil's drilling vessels destined for Arctic Ocean waters off Alaska's northern shores.   We are approaching the end of March, the deadline by which Governor Sean Parnell had hoped the three Alaska North Slope Producers would reach agreement on alignment of the various gas pipeline interests in pursuit of a single, realistic project.  Today is the last business day of the month.  Therefore, we will expect today to hear a major gas pipeline announcement [...]

By |2016-12-22T22:32:28-09:00March 30th, 2012|Alaska Taxes, Interstate Gas, Intrastate Gas|0 Comments
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