2-28-17 Alaska Has Room To Cut Spending…But Do Its Elected Leaders Have The Will?

Does Alaska have a Spending Problem?  Benchmarking is the Answer By Representative Lora Reinbold, February 26, 2017 Representative Lora Reinbold, Eagle River, Alaska. Northern Gas Pipelines file photo by Dave Harbour The Governor, some in the Legislature and even some prominent Alaskans don’t believe Alaska has a spending problem.  They say that Alaska has a revenue problem and argue that Alaska needs to implement more revenue options, i.e. taking your money to fuel big government.  Their tired refrain is simply to argue, “you can’t cut your way [...]

2-27-17 Politicians attacking taxpayers is nothing new!

Breaking GOOD news HERE:  tax settlement improves investment climate!  North Slope Borough and ExxonMobil Alaska Production Inc. Settle Pt. Thomson Tax Appeals   Wealth takers justify their appetite for tax increases by criticizing wealth producers by Dave Harbour Just last week... ...we reported on how a hostile legislator mistreated a representative of Alaska's largest group of taxpayers.  Here's another take on the politician's hostility and her bias in favor of oil tax increase advocates. Actually, that's no surprise.   History in Alaska and throughout the U.S. and Canada is [...]

2-24-17 Politician Out Of Line….

From our Ak-Headlamp friends this sorry commentary on how one politician treats taxpayer representative: Representative Geran Tarr AOGA President, Kara Moriarty. Northern Gas Pipelines file photo by Dave Harbour Shots fired. At Wednesday’s  house resource committee held on HB111.Kara Moriarty of the Alaska Oil and Gas Association was insulted by state consultant Rich Ruggiero’s comments. "He was insinuating that industry is not credible, and that these themes should not be believed. The reality is: the reason the industry does talk about stability, competition and jobs [...]

By |2017-02-24T11:55:24-09:00February 24th, 2017|Alaska's Fiscal Crisis, Alaskanomics|0 Comments

2-23-17 Oil/gas Investing in a fiscally challenged state run by a government considering energy industry tax increases in a low price environment!

We always appreciate Ak-Headlamp's analysis.  Based on what you read today, we wonder if you will be buying oil stocks or selling?  You certainly wouldn't be inclined to invest large sums of your own money in a remote, Alaska North Slope pipeline/LNG project run by temporarily elected and appointed politicians and bureaucrats, would you?  You would?  Well, how about if that state were teetering on fiscal collapse and considering raising taxes on the oil industry in a low price environment?  -dh ______________________________________________________ Alaska Headlamp Commentary Yesterday, the Alaska State Senate [...]

2-21-17 Alaska In Crisis, For All The World To See (i.e. including the credit rating agencies)

Northern Dynasty pushes back on report critical of Pebble prospect The owners of the Pebble mine project fired back Friday against claims from a New York stock investment firm that the prospect is not economically or politically viable… Alaskans, let's not slip into the tax cycle again We all agree the state of Alaska is facing a fiscal crisis that could bring down our economy if we don't act soon.  Alaskans won't buy taxes without more cuts As increasingly antsy Alaska legislators stare down a $3 billion budget hole [...]

By |2017-02-21T08:35:31-09:00February 21st, 2017|AGDC, Alaska's Fiscal Crisis, Alaskanomics|0 Comments

2-17-17 Front & Center: Alaska’s Fiscal Crisis

RDC BREAKFAST FORUM SERIES Next Breakfast: March 2, 2017 - Dena'ina Center Pat Foley, Vice President Alaska Operations, Caelus Energy Alaska LLC Registration will open February 23rd.    Breakfast forums are held the first and third Thursday's from September to May. Doors open at 6:30 a.m., presentation begins at 7:30 a.m. Cost per person is $24 member, and $29 non-member, and is non-refundable but may be transferred. Unless otherwise noted, forums are held at the Dena'ina Civic & Convention Center at the corner of G Street and 7th Avenue.   [...]

By |2017-02-17T06:28:26-09:00February 17th, 2017|Alaska's Fiscal Crisis, Alaskanomics|0 Comments

2-16-17 Teamster Leader Sets Oil Tax Advocate Straight!

BREAKING NEWS, 2:40 EDT:  TRANS CANADA REFILES FOR KEYSTONE XL ROUTE Posted By RICK BOYLES FOR THE JUNEAU EMPIRE Keeping the oil industry healthy     An observation from educator/philosopher William James came to mind as I watched Robin Brena lecture the House Resources Committee a few days ago on his version of reality. “There’s nothing so absurd that if you repeat it often enough, people will believe it,” James wrote. Well, Brena repeated the words “fair share” 40 times during his two-hour, 71-slide presentation. In Brena’s mind, “fair share” [...]

2-15-17 Should The Attorney General Be Authorized To Support Any Project It Wishes Before The Federal Energy Regulatory Commission?

Below We Have Today's Anticipated Response To The Breaking News We Provided In Our Sunday Column: "Sunday Night: The Quiet Before The Storm" (See the right-hand column for our remedy to the news of the "new" competition)  Supporters push for more consideration of Valdez LNG site Larry Persily. Northern Gas Pipelines file photo by Dave Harbour By Larry Persily lpersily@kpb.us Feb. 15, 2017   (This update, provided by the Kenai Peninsula Borough mayor’s office, is part of an ongoing effort to help keep the public informed about [...]

2-14-17 Happy Valentine’s Day!

More Gas Pipe/LNG Entrigue We noted that YESTERDAY the Alaska governor sought to increase the statutory reach of the Department of Law's Attorney General, so that he (i.e. and various attorney friends of the Administration as well, we presume), could participate in tribunals presided over by the Federal Energy Regulatory Commission (FERC). Here is the bill he submitted to the Legislature. Please review our Sunday night observation and consider that in testimony today before the Senate Finance Committee the President of the Alaska Gasline Development Corporation (AGDC) said that he was aware [...]

2-12-17 It’s Sunday night, the quiet before the storm

Greetings!    (Note: this was provided to our subscribers tonight via email alert.)   It's Sunday night, the quiet before the storm.   Tomorrow, the reality of Alaska's TWO critical issues will hit the fan harder than ever. First, comes a new LNG issue that changes everything...well, not everything; the project's still uneconomic.   We'll comment more on it next week.  We will also bet that tomorrow the governor, legislators, talking heads and mainstream and social media mavens will be gushing with opinions that are certain to accomplish at least one [...]

2-10-17 The Truth About CO2? Maybe We Should Not Tax Carbon After All? (Scroll down for more news and commentary!)

Oil tax bill causes dustup in Alaska House, No one was told to sit down and be quiet at the Alaska House on Wednesday, but rules of order were invoked and challenged during a dustup over the introduction of an oil tax credit bill. From Ak-Headlamp   A summit hosted by the Alaska Gasline Development Corporation (AGDC) is scheduled for March 1 to March 6, in an attempt to entice commercial customers to support its $45 billion Alaska LNG project. The summit is expected to cost about $200,000, though the [...]

2-9-17 U.S. Congress Tries To Correct Obama Attack On State Land Use Control

To our Canadian & U.S. marketers Note from our Mid-Atlantic energy analyst guru: "...the market will not see a further meaningful increase in crude oil without some weakening of the dollar.   Also, natural gas will be hard pressed to move with conviction until the cost of capital (as indicated by the rate on the benchmark ten-year bond) rises." From our Southeast Alaska friend Denny DeWitt comes this letter requesting the Alaska Delegation to use the  Congressional Regulatory Review Act (CRA) to stop implementation of the new ROD for the Tongass Management [...]

2-8-17 The Oil Curse

The Oil Curse: Is It Real? by Dave Harbour Our critical thinking readers can review this book (below), decide, then apply their conclusions to the oil, gas and minerals policies of Alaska and Western Canada (i.e. for starters).   If I were a philosopher prince, a student of Socrates and Plato, I would have absolute power, absolute integrity, a heart of wisdom and charity; and, I would be a good manager of natural resources.   Realizing that both the production and price of resources is volatile, I would carefully husband and [...]

2-7-17 In Spite Of Climate Change Hoax Evidence, Politicians Profit From Climate Change Politics

CLIMATE CHANGE HOAX EXPOSED AGAIN (We say, "again", because we documented it is a hoax designed to 'Kill Capitalism'!) Mail OnLine: Exposed: How world leaders were duped into investing billions over manipulated global warming data  The Mail on Sunday can reveal a landmark paper exaggerated global warming It was rushed through and timed to influence the Paris agreement on climate change America’s National Oceanic and Atmospheric Administration broke its own rules The report claimed the pause in global warming never existed, but it was based on misleading, ‘unverified’ data [...]

Go to Top