9-13-18 CLIMATE CHANGE LIVE EVENT TODAY!

The Heartland Institute will be live-streaming two panel discussions of scientists and climate policy experts as "counter programming" of the Global Climate Action Summit this week in San Francisco. View the live-stream at this link on our YouTube page Thursday, September 13 starting at noon PT (3 pm ET; 2 pm CT). NEWS: Alaska LNG Another Big Step For Alaska LNG COMPRESSORtech2 ... Production Inc. (ExxonMobil) and Alaska Gasline Development Corporation... “This precedent agreement is good for Alaska and ExxonMobil and ... Flag as irrelevant Positive outlook regarding short-term headwinds on transitory Permian takeaway constraints Nasdaq The [...]

By |2018-09-13T06:26:28+00:00September 13th, 2018|AGDC, LNG|0 Comments

9-11-18 Remembrance Day and Concern Re: Exxon – China – Russia

Please scroll down for an important ALERT ALERT ALERT! Canadian Headlines: Even under a drill-friendly Trump, pipeline battles rage on in the US, too  CBC.ca "There is a worrisome trend of pipeline construction projects...."  Globe & Mail Only Parliament can fix Canada's pipeline impasse Calgary Herald Nelson: Alberta's iconic entrepreneurs would be appalled today  A decade later, Alberta project aims to both capture CO2 and boost oil output U.S. Headlines: State and ExxonMobil reach agreement on preliminary gas line sales Anchorage Daily News - Sean Parnell, ExxonMobil and the state agreed to a deal that set future options for development at the Point Thomson field. The [...]

By |2018-09-11T10:36:51+00:00September 11th, 2018|AGDC, Alaska Governor Bill Walker, China, LNG, Rule Of Law, Russia|0 Comments

8-6-18 Alaska LNG Project Hires A New External Affairs Executive

AK losing ANWR $ BY CRAIGMEDRED ...The 49th state’s share of anticipated revenues from the Arctic National Wildlife Refuge (ANWR) is on the verge of being slashed by what could be close to $1 billion, and the state’s top elected officials seem strangely quiet. ...last year’s GOP-led tax cut that included a 50-50 state split of future ANWR royalty revenues ...U.S. House Committee on Appropriations approved a fiscal year 2019 Interior and Environment Bill that cut Alaska’s share of  ANWR royalty revenue to 47 percent. The other 3 percent is to be [...]

8-23-18 China Sends Alaska LNG Conflicting Signals & ALASKANOMICS

(We are grateful for the effort former Alaska Gasline Federal Coordinator, Larry Persily (Photo), devotes to consolidating LNG news relevant to Alaska.  It remains available and searchable in our archives, thanks to him.  -dh) Oil and gas news briefs for Aug. 23, 2018 China sends confusing signals for tariffs on U.S. LNG, crude oil (Radio Free Asia; Aug. 20) - China has sown confusion in international energy markets after reconsidering plans to slap tariffs on U.S. crude and liquefied natural gas. The conflicting signals reflect Beijing's uncertainty about the [...]

8-20-18

Finally, Alaska politicians may realize that a state government risks much by trying to negotiate fairly with ChiComs.... China Reportedly Probed Alaskan Networks Ahead of Governor's Trade Mission  Government Technology.  The state's Department of Natural Resources is a key state agency involved in the Alaska LNGproject that helps oversee the oil and gas industry. Story from Alaska Public Media by Rashah McChesney. ... (Priscilla Moriuchi is)  the Director of Strategic Threat Development and supervises the team at Recorded Future that put out a report on the surveillance. The report details evidence that computers at Tsinghua University [...]

8-14-18 Trouble In Canada’s Energy Sector

Oh Canada! Corbella: Saudi feud highlights Canada's lack of energy security  Calgary Herald.  “If you simply ask Quebecers — and most Canadians for that matter — 'Do you like or want pipelines? Or do you want oil in your life?' A clear majority … Your letters for Monday, Aug. 13 Calgary Herald.  Friday, as I often do, I sat at my kitchen island to read the Herald; nice to lay it flat ... Page A10, the last page of the first section, showed people in Calgary, ... Re: “Trudeau's actions have helped fuel Saudi regime,” Licia Corbella, [...]

8-13-18: DOI Set To IMPROVE Operation of Endangered Species Act for Species & Citizens … China Says Alaska LNG Deal In Doubt

  Op-Ed: At Interior, We’re Ready To Bring The Endangered Species Act Up To Date Dep. Secretary of the Interior David Bernhardt The Washington Post Aug. 9, 2018 A modern vision of conservation is one that uses federalism, public-private partnerships and market-based solutions to achieve sound stewardship. These approaches, combined with sensible regulations and the best available science, will achieve the greatest good in the longest term. Last month, the Trump administration took this approach to bringing our government’s implementation of the Endangered Species Act into the 21st century. [...]

8-8-18 Will Alaskans Let A CABAL Kill Their Economy?

Killing Alaska's Pioneering State Economy by Dave Harbour Here is a grassroots program designed to kill 49th state free enterprise.  This socialist feat is accomplished by creating an Enviro-Industrial-Governmental Cabal model with insufficient means of sustaining itself in the free market.  It reflects the same thinking that permits current Alaskan leadership to ignore prudent budgeting during a fiscal crisis while attempting to marry Alaska's future with Chinese Communist energy and finance companies in consummating an as yet infeasible LNG project.  We don't know whether to label such leadership "narcissistic", "naively well [...]

8-3-18 Friday Musings

Friday Musings: Commentary: Nakedness We are extremely disappointed with republican Kevin Myer and Alaska's current democrat lieutenant governor for their continuing support of Governor Bill Walker's socialized LNG export scheme.  For years we have provided evidence that in wake of lower shale-induced gas prices and extensive LNG export competition the producers have been right in proclaiming that, for an Alaska North Slope gas export project, "now is not the time".  Alaska's mostly tidewater based competitors do not have to include the cost of a massive, 800 mile Arctic gas pipeline.  [...]

7-31-18 Alaska Business Leader Opines On China

Alaska/China Bedfellows -Opinion- China purchases a Papa Bear's percentage of Alaska's prodigious seafood market.  No worries, though, because the interaction is largely year to year business interaction between the Communist country and a number of private sector risk takers. Alaska's governor believes that the seafood experience bodes well for his plan to finance a $40-60 billion Arctic gas pipeline/LNG project using long term contracts with China as security for a finance plan. Apples and oranges. A large number of private sector investors assume the risk that a seafood deal [...]

7-25-18 Alaska and Venezuela Have This In Common

Q.  What do Alaska and Venezuela have in common? Answer.  Both have economies that are dependent on volatile oil revenues.  Both have insufficiently diversified their economies.  Both overspent on social programs during times of high oil prices, ensuring that their economies would be unsustainable during times of low prices.  Both now spend more that their economies can afford.  Both place greater emphasis on creating new liabilities than attracting new investment.  Leaders of Venezuela and Alaska are attracted to socialized control of energy resources.   Both are experiencing fiscal crisis. Foreign [...]

By |2018-08-06T16:05:55+00:00July 25th, 2018|AGDC, Alaska's Fiscal Crisis, Commentary, LNG|0 Comments

7-24-18 PipeCo Says No; Borough Says Yea To Pipe Terminus

That's a fine kettle of fish! A pipeline says no and the local government says yes.  Our thanks to Larry Persily for this report AGDC says Port MacKenzie ‘not feasible’ for LNG termina Larry Persily. Northern Gas Pipelines photo by Dave Harbourt By Larry Persily paper@alaskan.com July 23, 2018 TheSeveral months of additional review did not change the opinion of the state’s North Slope natural gas project development team that Nikiski is a better site than the Matanuska-Susitna Borough-promoted Port MacKenzie for a multibillion-dollar gas liquefaction plant and [...]

7-23-18 Fairbanks Gas Supply Competition

Most Relevant News For Our Readers Public Comments Due For Donlin Mine's Reclamation And Closure Plans Public comments are due for the proposed Donlin mine’s reclamation and closure plans. AK: The journey of Alaska’s go-to man in China Alaska’s does $1 billion dollars worth of trade with China every year — it’s the state’s largest trading partner. State officials: Ballot Measure 1 will make some construction projects impossible Ballot Measure 1 is intended to boost protections for salmon, but a series of state officials told lawmakers Friday… AGDC President: [...]

7-20-18 Alaska’s Socialist LNG Export Project

What about competitive position of the Alaska LNG idea? The greatest, current competitive failing of the Alaska government LNG project -- aside from its crippling socialist model -- is that its competitors do not have to include the cost of an 800 mile arctic pipeline into the financing plans of their near-tidewater LNG projects.  In addition, most of the competition has better labor costs, better logistics, better climatic conditions, and better investor owned management incentives, discretion and market-place reaction times.   -dh Today's Alaska LNG News and Our Comment: [...]

7-17-18 ConocoPhillips Continues To Expand Alaska North Slope Oil Wealth Resource

ConocoPhillips Expects Another Active Exploration and Appraisal Season in 2019 “We believe that the company’s Alaska plan aligns with our disciplined, returns-focused strategy, supports Alaska’s economy and creates significant value for shareholders,” said Ryan Lance, chairman and chief executive officer (Photo). “Alaska provides competitive investment opportunities and will generate profitable growth from diversified investments with significant exploration upside. We are proud of the value we create for the State of Alaska through the revenues we generate, the jobs we create and the community investments we make. Our shareholders realize [...]