AGDC Archives - Page 6 of 12 - Northern Gas Pipelines

10-24-17 Alaska Gasline Development Corporation Rests Hopes On “Letters of Intent”

Alaska Gasline Development Corporation (AGDC) Hopes Rest On "Letters of Intent" We would offer a comment that "LOIs" -- especially those with long terms and huge uncertainties and many conditions -- are not very useful. They are not relatively straight forward gas sales contracts with take-or-pay or ship-or-pay provisions. LOIs can be called, "binding", but an "agreement to maybe agree someday" is full of problems no matter what you call it. In short, more public money should not be poured into this socialized, politically-controlled, bureaucrat-run LNG/800 mile pipeline scheme [...]

By wpnorthern|2017-10-24T13:49:22-09:00October 24th, 2017|AGDC, Alaska's Fiscal Crisis, Alaskanomics, Commentary, LNG|0 Comments

10-23-17 “Beware the Greeks (i.e. or Russians or Chinese) bearing gifts (i.e. Trojan Horses)!”

Is any citizen uncomfortable with these headlines? Good. There is reason for concern! Governor Pitches Alaska Natural Gas to Chinese Sovereign Wealth Fund - Chinese President Makes Pit Stop in Alaska on Return to China - Alaska expects stronger engagement with China on gas ... - YouTube - Alaska Natural Gas International Deliveries to China (Million Cubic Feet) “Beware the Greeks (i.e. or Russians or Chinese) bearing gifts (i.e. Trojan Horses)!" Observations by Dave Harbour Alaska-Ecuador Flag Pin Rafael Correa, courtesy, Wikipedia Now look what happened to Ecuador under socialist [...]

10-19-17 One Great Alaska Gas Boondoggle – WHY WE ARE SO PROUD OF EPA TODAY!

TODAY WE ARE VERY PROUD OF THE EPA AND HERE'S WHY! And Today ... ...we draw reader attention to the enormous waste of money called the Alaska LNG Project. Tomorrow ... Alaska Governor Bill Walker. Northern Gas Pipelines photo by Dave Harbour ...we will draw attention to the enormous waste and foolish decision making accompanying the subsidized, so-called Interior Energy Project: a misguided and uneconomic effort to provide 'affordable' gas to the Fairbanks area. What do the two projects have in common: Alaska Governor Bill Walker, their biggest advocate! [...]

By wpnorthern|2017-10-19T13:20:39-09:00October 19th, 2017|AGDC, Alaska's Fiscal Crisis, Alaskanomics, Canadian Energy Policy, Commentary, Competition, Crony Capitalism, Interior Energy Project (IEP), Interstate Gas, Intrastate Gas, LNG, Sue & Settle|0 Comments

10-13-17 Unhappy Case Histories: Canadians and Americans Can Learn From Each Other

Representative Rob Bishop, courtesy Civil Services. Yesterday, President Donald Trump announced the nomination of Kathleen Hartnett White to chair the Council on Environmental Quality (CEQ). Chairman Rob Bishop released the following statement: “Kathleen Hartnett White is a great choice to help the administration realign priorities at CEQ. Over the past eight years, this executive office has attempted to use the National Environmental Policy Act as a tool to stonewall any project with a federal nexus. I look forward to working with her on a long overdue streamlining of [...]

By wpnorthern|2017-10-13T16:45:41-09:00October 13th, 2017|AGDC, Alaska's Fiscal Crisis, Alaskanomics, Arctic Policy, Canadian Energy Policy, Commentary, Control Government Spending, Crony Capitalism, Energy East Pipeline, Federal Obstruction, Federal Progress, Government Waste, Interior Energy Project (IEP), NEB, Ocean Policy, OCS, You Read It Here First|0 Comments

10-12-17 Your Northern Energy Update

Warning: Alaska treads troubled economic waters in the middle of a fiscal storm. Politicians are making the financial crisis worse by creating state subsidies and ratepayer risks. The story below again reminds us of the Administration's payoff to Interior Alaska supporters via a subsidized Fairbanks gas utility (i.e. when South Central's Enstar customers paid for their own). Not to mention the otherwise uneconomic Fire Island wind generation project and an infeasible Alaska LNG\pipeline scheme. Note how two local politicians in the story below are discussing a strategy for squeezing [...]

By wpnorthern|2017-10-12T10:32:39-09:00October 12th, 2017|AGDC, Alaska's Fiscal Crisis, Alaskanomics, Alternate Energy, Arctic Policy, Canadian Energy Policy, Commentary, Crony Capitalism, Dakota Access Pipeline, Energy East Pipeline, Federal Obstruction, Federal Progress, Interior Energy Project (IEP), LNG, NEB|0 Comments

10-6-17 Friday’s Much Ado About Energy … And Politics!

The Energy World Under President Trump For the energy scholars among us, this Reuters article has it all: from oil & gas to coal, Paris climate change accord, and alternative energy. While we respect the research and statistics, we could call into question some of the journalism that leans leftward. With that caveat, it is a piece worth maintaining in our archives and a ready reference for those of you who will be giving speeches in the near future. We say, "near future" because the energy landscape is constantly [...]

By wpnorthern|2017-10-06T11:03:09-09:00October 6th, 2017|AGDC, Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, ANWR, Arctic Policy, Canadian Energy Policy, Commentary, Energy East Pipeline, LNG|0 Comments

10-5-17

Thought of the day: "Alaska's government-sponsored LNG project need not contend (directly) with Panama Canal issues. But Alaska faces similar project risks. Do Alaskan citizens want their government's 'go it alone LNG project' to be subject to enormous project risks? Do Alaskans want, as their government LNG project proposes, to commit 25% cash/royalty gas equity to a risky, $40-60 billion venture? Is the risk worth the reward? Do citizens even know how much the reward will be?" -dh Gulf of Mexico LNG Shippers Have a $45000-a-Day Problem, Oil & Gas [...]

By wpnorthern|2017-10-06T04:12:53-09:00October 5th, 2017|AGDC, Alaska's Fiscal Crisis, Alaskanomics, Commentary, Crony Capitalism, Government Waste, LNG|0 Comments

9-11-17 Lest We Forget

Walker says state won't put more money into Alaska LNG. Mat-Su Valley Frontiersman. ANCHORAGE — Alaska won't put more money into promoting the big AlaskaLNG Project until firm commitments are made by customer.... Alaska North Slope Iñupiats Support Reasonable Development of the Arctic National Wildlife Refuge (ANWR) Point Hope, AK – Voice of the Arctic Iñupiat (VOICE) announced its support for opening the Arctic National Wildlife Refuge (ANWR) to drilling. The board of directors passed the resolution officially backing safe and responsible development in the refuge, specifically the 1002 coastal plain area, that represents eight [...]

By wpnorthern|2017-09-11T17:47:47-09:00September 11th, 2017|AGDC, Alaska's Fiscal Crisis, ANWR, Interstate Gas, Intrastate Gas, LNG|0 Comments

9-8-17 Alaska’s Government Owned LNG Project: Now Is Not The Time (Nor will it ever be for a bureaucrat-directed, politically risky socialist pipeline)

Mike Navarre. Northern Gas Pipelines Photo by Dave Harbour COMMENTARY: RESPECTING THE KENAI PENINSULA BOROUGH Larry Persily, former federal coordinator of the Alaska gas line projects office, currently serves as Chief of Staff to Kenai Peninsula Borough Mayor Mike Navarre. We have always respected both of these individuals. No one has more to gain than they do from a successful Alaska LNG project that is currently designed to terminate in their Borough. The employment, tax and general economic benefits of such a project would be enormous. But [...]

By wpnorthern|2017-09-08T10:29:34-09:00September 8th, 2017|AGDC, Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, Commentary, Competition, Crony Capitalism, Federal Coordinator, Fracking, Interstate Gas, Intrastate Gas, LNG, You Read It Here First|0 Comments

9-4-17 The No Gas Governor of Alaska

No gas guv. craigmedred.news. “Korea has been one of the largest consumers of Alaska's coal, timber, and fish. President Moon (Jae-in) said he would like to add LNG to the list of ...

By wpnorthern|2017-09-05T14:02:41-09:00September 4th, 2017|AGDC, Alaska's Fiscal Crisis, LNG|0 Comments

9-1-17 Governor Walker of Alaska Makes Confusing/Damaging Energy Decisions

Is Alaska's Governor pro-development...but only as long as his state government calls the shots and does the developing? (Below we find the Governor's confusingly supportive actions. In the right column, we find more substantive actions contributing to a loss of investor interest and a more dangerous economic climate.) -dh Alaska Governor Bill Walker. Northern Gas Pipelines Photo by Dave Harbour Our commentary: Below, we have the appearance of a governor supporting federal energy access programs. But then you notice such minor expressions of support for natural [...]

By wpnorthern|2017-09-01T08:52:33-09:00September 1st, 2017|AGDC, Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, ANWR, Arctic Policy, Commentary, Crony Capitalism, Government Waste, Interior Energy Project (IEP)|0 Comments

8-21-17 Alaska LNG Project Subsists On Subsidies

Alaska's Government Gas Pipeline/LNG Project Still Treads Water We fear government owned/subsidized projects -- even wasteful or uneconomic ones -- produce support industry crony capitalists who become dependent on the client and supportive of socialist government benefactors and candidates for public office. A misplaced fear? You be the judge. by Dave Harbour In spite of low prices and unprecedented competition in the gas/LNG industry, Alaska's government subsidized North Slope gas monetization project continues to tread water, shall we say, "gasping for air". Alaska Governor Bill Walker. Northern Gas Pipelines [...]

By wpnorthern|2017-08-22T09:56:00-09:00August 22nd, 2017|AGDC, Alaska Governor Bill Walker, Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, Commentary, Competition, Crony Capitalism, LNG|0 Comments

8-21-17 This Week’s Relevant Energy Links

Oil & Gas News & Alaska LNG Updates by Larry Persily, Kenai Peninsula Borough Northern Gas Pipelines file photo, Larry Persily Oil and gas news briefs for Aug. 21, 2017 China boosts natural gas imports to keep up with growing demand (Bloomberg; Aug. 16) - Chinese President Xi Jinping’s government has beaten expectations in its drive to help clear the nation’s notoriously smoggy skies by burning less coal and oil in favor of cleaner natural gas. But that success may be too much, too soon. Gas consumption [...]

By wpnorthern|2017-08-21T09:26:05-09:00August 21st, 2017|AGDC, LNG|0 Comments

8-18-17

Homer Tribune In a recent ruling, the U.S. Internal Revenue Service determined the Alaska Gasline Development Corp. qualifies as a tax-exempt political subdivision ...

By wpnorthern|2017-08-18T12:00:22-09:00August 18th, 2017|AGDC, Interstate Gas, Intrastate Gas, LNG|0 Comments

7-20-17 TODAY IN CONGRESS. MONDAY TAPS. A WORKABLE ALASKA GTL SCHEME?

Murkowski Welcomes Nomination of Joe Balash for Key Role at Interior Members Discuss Bills to Bring Much Needed Reforms to the Endangered Species Act Varcoe: New BC energy minister faced with rekindling Canada's bold LNG dream Prospects For Exporting Alaska LNG? Reference: U.S. LNG exporters could lose money for years, analysts say, Price competition holding back Canada’s LNG export hopes, Exxon drops plans to develop 46 tcf gas field offshore Indonesia (Links from Larry Persily) Is Gas To Liquids In Alaska's Future (Scroll down)? TODAY: HOUSE COMMITTEE MOVES TO IMPROVE MINING [...]