1-9-17 Honest Energy Folks Should Beware of Socialists

Dear Friends: Our long term readers know that this webpage was born over 15 years ago, when certain special interests sought to demonize some Alaskan and some Canadian energy interests.  One of our secondary goals has been to facilitate greater diplomacy and understanding among citizens of both countries -- in support of both separate and joint energy projects.  Hopefully, the sort of blog entry we have today will lead us ever closer to greater understanding among citizens of the two countries.  -dh   "...because that's where the [...]

1-1-17 Alaska’s Economic Outlook: 2017

Courtesy: Alaska Business Monthly Alaska Economic Outlook 2017 'Bright, if...' Greg Wolf, Executive Director, World Trade Center Anchorage (Serving all of Alaska) joins a couple dozen other Alaska leaders with assessments of the 2017 Economic Outlook for Alaska. Greg Wolf, Executive Director, World Trade Center Anchorage (Serving all of Alaska) joins a couple dozen other Alaska leaders with assessments of the 2017 Economic Outlook for Alaska. COMPOSITE PHOTO BY JUDY PATRICK PHOTOGRAPHY & DAVID GEIGER, ABM ART DIRECTOR ALASKA BUSINESS MONTHLY From the Editor Happy New Year! We [...]

12-10-16

Slope oil giants set to prosper as veto fallout continues Journal of Commerce by Elwood Bremer.   The consequences continue to reverberate after Gov. Bill Walker’s veto of more than $600 million owed to independent explorers and producers in the last two years. A pair of stories in the last week detail one company trying to meet its loan obligations to the state even as the state refuses to make good on its obligations to the company, and the other reveals that the major North Slope producers are now buying [...]

By |2016-12-11T04:43:26-09:00December 11th, 2016|Alaska's Fiscal Crisis, Alaskanomics, Commentary|0 Comments

12-9-16 Murkowski Energy Bill Fails, Blames House; Canada’s Energy Policies Fail With Rising Global Warming Hysteria

Earlier this week, we wondered if Alaska's governor, Bill Walker was rational when, in a letter to ExxonMobil, he cautioned one of his state's major investors to subdue its Constitutional right of free speech.  Today, our Argus Media friends reminded their readers of this blundering statement: "Please do not take steps to thwart Alaska's ability to monetize our gas," Walker wrote. Argus also focused on another gas project blunder. "Alaska governor Bill Walker has told ExxonMobil that the state does not need to provide the producer fiscal certainty on the massive [...]

12-7-16 Alaska/Alberta Investment Climates Face Similar Challenges

Alaska and her Canadian provincial sister, Alberta... ... both face similar economic/political challenges.  1) Both have an overdependence on volatile petroleum income, though Alaska's dependence is greater.  2) Each has a liberal leader who understands the importance of natural reource revenue; but, some of their major constituencies actually oppose natural resource development and support higher energy taxes.  3) The Governor of Alaska and Alberta's Premier both preside over large bureaucracies whose funding has been slashed by a two-plus year energy price decline.  4) Meanwhile, energy competitors all over the world are [...]

11-30-16

Gov’s veto forces loan modification for Inlet producer.  BlueCrest Energy is asking state borrowers to amend the terms of a $30 million oil project loan after the state failed to pay tax credits the company was expecting. Armstrong Oil and Gas has high hopes for another North Slope find this winter.  As the amount of oil flowing through the Trans-Alaska Pipeline System declines, big new finds on the North Slope are kindling a lot of excitement in Alaska.  Deadline nears for Murkowski energy bill.  Time is running out on one [...]

11-23-16 Good News!

On Being Thankful For The Good News and the Bad As Well....   We are thankful for the good news of an incoming federal administration that more heavily values our Constitution, the rule of law, the proven value of wealth producing natural resources, the importance of properly defending U.S. liberty and the simple but eternal truth symbolized by the greeting, "Merry Christmas". Dr. Scott Goldsmith, Northern Gas Pipelines file photo by Dave Harbour Our hopes spring eternal for good news on the Alaska and Canadian energy scenes [...]

11-21-16 Alaska Conference Presentations Bring You State-of-Art Energy Status

Here -- for your current and future reference -- are last week's Resource Development Council for Alaska video and slide presentation archives: Wednesday, November 16th 7:00 a.m.   Registration/Check-in/Exhibits Open Eye-Opener Breakfast in Exhibit Area – Sponsored by Wells Fargo 8:00           Opening Remarks Eric Fjelstad, RDC President, Managing Partner, Perkins Coie LLP Alaska Economic Trends: 2017 Outlook Neal Fried, Economist, Alaska Department of Labor video slides Alaska Industry 2016 Year in Review and 2017 Outlook video Mining: Karen Matthias, Executive Director, Council of Alaska Producers Fisheries: Glenn Reed, President, Pacific [...]

11-18-16 Anti-Job Regime Continues To Lock Up Alaska & Cripple U.S. Economy

From 2007 - 2010 your author coordinated this national study, sponsored by NARUC and IOGCC to determine the cost to America of NOT developing oil & gas resources...of maintaining drilling moratoria.  We believe that this study, using the federal government's EIA energy modeling system, could be quite useful in determining how the new Trump administration will identify the wealth producing energy potential his campaign targeted.  (See video below right)  -dh                                         [...]

11-9-16 With A New President We Look Again At Intergenerational Inequity

  Intergenerational Inequity by Dave Harbour We have elected a new president and couldn't be more delighted.  We supported the man throughout the campaign and when circumstances were darkest, urged our friends and colleagues (i.e. and America's elected leaders) to "keep your powder dry".  We also believe our successor generations will look back, remember and thank our Creator for the miracle of events that produced the result of a government designed to, "Make America Great Again!"  While the platforms of both candidates largely appealed to the hopes, dreams and [...]

11-7-16 The Handwriting Is On The Wall

We've Been Pointing To The Handwriting On The Wall For The Last 8 Years: Tomorrow, November 8, 2016 Is The Day of Reckoning.  -dh Today, Town Hall summarizes the links connecting Hillary Clinton, George Soros, John Podesta and the decades-long strategy to socialize the United States. Those links clearly extend to the activist enviro-political movement opposing use of wealth producing fossil fuels by the world's leaders ... while supporting transfers of wealth from those countries to the non-developed world.  That grouping, accordingly, can be depended upon to vote as [...]

11-4-16 Alaska Headlamp, Craig Medred, & Must Read Blogs Also Shed Light On Energy Issues

Stark warning for Canada - TransCanada sells U.S. assets to pay for Columbia Pipeline - A transition ahead for US Arctic - Progress slow for IEP - When it comes to Alaska LNG project, the big elephant in the room is cost - Inter Pipeline expects decision on petrochemical plants   Medrid Today: It’s hard to make multi-million dollar business decisions in an unstable economic environment, and there is no doubt that Alaska’s constantly shifting tax structure – particularly its desire to squeeze another dollar out of the golden goose of oil any time a budget problem arises – makes [...]

10-31-16 Can Oil Rebound Save Alberta? An Alaska Lesson. Energy and the Impact of Illegal Immigration.

Today: Alberta - Alaska - US Elections - An Illegal Alien Organizer -It's all related and we'll show why- -We hope you'll submit a thoughtful comment at the bottom of this page- Please review our commentary, column left.  Then skim the email sent today by an illegal alien on SEIU letterhead, in the right column.  The illegal immigration warriors are out of the closet and active.  What about those supporting lawful immigration, logical policies and the rule of law: are we as willing to be heard?  This whole complex [...]

10-27-16 Economist Roger Marks Fact Checks Lawyer’s “Fair Share” Cliché

Beware of False Oil Tax Prophets by Dave Harbour Roger Marks, Senior Oil & Gas Economist. Northern Gas Pipelines file photo by Dave Harbour (Scroll down to Ak-Headlamp report for Marks' reference.) Regarding our piece yesterday about one lawyer's advocacy for higher oil industry taxes, we provide (BELOW)  Ak-headlamp's comment today.  We would only add that the lawyer proposes a "fair share" oil tax policy without definition or rational.  He simply opines an assumption that a "fair share" of oil wealth for the bureaucracy should be "one-third of gross"... not one-third [...]

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