6-26-17 More Detail On BP’s Global Energy Review

Continued Today From Our 6-19-17 Posting: BP’s Global Energy Review Damian Bilbao, BP Alaska Exploration, Inc., Global Energy Review 2017 Stay tuned for more on Damian Bilbao's presentations yesterday to the Anchorage Chamber of Commerce and the World Trade Center-Anchorage on BP's Statistical Review.    -dh Energy markets in transition: BP Statistical Review shows long-term shifts underway Strong oil demand and weaker supply growth rebalance oil markets; inventories continue to weigh on oil prices Energy mix shifting; rising renewable energy offsetting steep falls in coal use  Carbon [...]

5-17-17 Alaska LNG Project: Not Now Says Expert

From Suzanne Downing's Must Read Alaska: Larry Persily to Alliance: Skeptical on Gasline Larry Persily, chief of staff to Kenai Peninsula Borough Mayor Mike Navarre, spoke to the Alaska Support Industry Alliance on May 11. Persily is a former deputy commissioner of the Department of Revenue and was the coordinator for the Federal Office for Alaska Gas Line Projects. Must Read Alaska asked him for a copy of his speech, which those pondering our state’s massive proposed gasline project may find insightful: Larry Persily. Northern Gas Pipeline file photo by Dave Harbour It’s [...]

By |2017-05-17T14:05:10-09:00May 17th, 2017|AGDC, FERC, Interstate Gas, Intrastate Gas|0 Comments

5/11/17

Is Green BC Wealth Producer or Wealth Rejector? Razor-thin margins in B.C. vote give Greens sway on pipeline, LNG projects, Calgary Herald.  B.C. Green party leader Andrew Weaver is flanked by his wife Helen and son David as he speaks to supporters in Victoria, B.C. Wednesday. From: the Alaska Support Industry Alliance Last weekend, the Alaska Gasline Development Corporation announced that it had opened a new office in Japan. But, it only made the announcement in Japan. Now, one lawmaker is questioning how the agency is spending its [...]

By |2017-05-10T19:52:13-09:00May 11th, 2017|AGDC|0 Comments

4-5-17 Former Alaska Gasline Development Corporation CEO, Dan Fauske, Passed Away Today

   Former Alaska Gasline Development Corporation and Alaska Housing Finance Corporation Chief Executive Officer Dan Fauske passed away today after a courageous battle against cancer.  Our prayers are with his family.  -dh Dan Fauske. Northern Gas Pipelines file photo by Dave Harbour. “Dan Fauske touched the lives of so many Alaskans, first through his work with the North Slope Borough and later as the head of Alaska Housing Finance Corporation and Alaska Gasline Development Corporation. His work helped generate millions of dollars in construction projects and affordable [...]

4-1-17 IT’S APRIL FOOL’S DAY! But the comment below is real.

Alaska Governor Wants Trump to Back LNG Pipeline “Socialism is the philosophy of failure, the creed of ignorance, and the gospel of envy.” —Perth, Scotland, 28 May 1948, in Churchill, Europe Unite: Speeches 1947 & 1948 (London: Cassell, 1950), 347. Our commentary:   As an Alaska citizen and federal taxpayer this writer resents and opposes the suggestion by Alaska's governor that public dollars be wasted on his government-owned, socialist LNG pipedream project: in the form of grants, loans or loan guarantees.     Conservatives and liberals alike should be able [...]

3-30-17 Alaska LNG, State Fiscal Crisis, Worldwide Competition, U.S. Congress

U.S. Senator Lisa Murkowski. Northern Gas Pipelines file photo by Dave Harbour TODAY: U.S. Sen. Lisa Murkowski, R-Alaska, thanked her colleagues for their work to develop and report, en bloc and by voice vote, a total of 65 bills from members of both parties.   The committee approved seven bills introduced by Chairman Murkowski, as well as subcommittee assignments for Sen. Luther Strange, R-Ala.  More..., Yesterday, the Department of the Interior (DOI) Secretary Ryan Zinke issued a Secretarial Order to formally end the coal leasing moratorium and [...]

3-29-17 Governor’s Government LNG Marketing Efforts Cost Much, Produced Little to Nothing

If you had a multi-billion dollar private sector project... Courtesy Buzzfeed. ...would you hire a government bureaucracy to do it for you?   Actually, this is what is happening.  The citizens of Alaska elected a lawyer who takes over a private sector project, flies around Asia and the Lower 48 on marketing trips, and continues to operate LNG marketing offices in Japan and Houston while supporting tax increases on the oil industry and presiding over a state that refuses to significantly cut its operating budget while its subsidized budget [...]

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

2-15-17 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 [...]

2-1-17 Valdez (i.e. Governor Bill’s home town) still fights for Valdez LNG terminal…

...and, we wonder how the good folks on the Kenai Peninsula are reacting to that!  (Here's the filing .pdf) UNITED STATES OF AMERICA FEDERAL ENERGY REGULATORY COMMISSION Alaska Gasline Development Corporation Docket No. PF14-21-000 BP Alaska LNG, LLC Conoco Phillips Alaska LNG Company ExxonMobil Alaska LNG, LLC TransCanada Alaska Midstream, LP COMMENTS REGARDING ALTERNATIVE ROUTE AND SITE ANALYSIS FOR THE AKLNG PROJECT THE CITY OF VALDEZ, ALASKA THE MAYOR OF THE FAIRBANKS NORTH STAR BOROUGH, ALASKA THE MAYOR OF THE CITY OF FAIRBANKS, ALASKA THE MAYOR OF THE CITY [...]

By |2018-01-12T18:08:02-09:00February 1st, 2017|AGDC, Alaska Governor Bill Walker, Government Waste, LNG|0 Comments

1-26-17 Persily Tells It Like It Is

Judge orders removal of blockade against northern Alberta pipeline construction.   CBC.ca.   Métis protest construction of northern Alberta TransCanada gas pipeline ... CBC News calls to the president of the Chard Métis Society were not ...       Larry Persily, former Alaska gas pipeline federal coordinator. NGP Photo by Dave Harbour. LNG Headlines From Former Alaska Gas Pipeline Federal Coordinator, Larry Persily      Note: we hold Persily in great regard for his diligence and intellectual honesty.  No matter who employs Persily, for the [...]

1-21-17 Consultant supports gas project infeasibility we have repeatedly addressed here

Nikos Tsafos. NGP File Photo by Dave Harbour AP by Becky Bohrer.  A legislative consultant has raised red flags about Alaska taking the lead on a major proposed liquefied natural gas project, even as Gov. Bill Walker has said he is comfortable with it. In a recent report to lawmakers, consultant Nikos Tsafos outlined challenges threatening the project's potential for success. They include a competitive market and a laundry list of tasks the state will need to achieve, such as finding buyers, insulating itself from cost overruns [...]

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