12-14-18 A Citizen’s View Of The Two Alaska Gasline-LNG Projects

AK-LNG & ASAP: A Citizen Considers the Risks of Continuing Government Ownership by Dave Harbour How would you cope with the smorgasbord of problems/challenges Mike Dunleavy, assumed upon being sworn in as Alaska's Governor in early December? Alaska Governor Mike Dunleavy Some of the challenges blocking Alaska’s road to economic recovery -- and obscuring its natural beauty -- include: a fiscal crisis and annual budget deficits, billions in state employee unfunded pension liability, the highest unemployment rate in the nation, growing crime, an amazingly burdensome array of [...]

9-12-18 Special Commentary For Oil & Gas Decision Makers, Custodians of Shareholder Wealth

FERC approves Kenai Borough as intervenor in Alaska LNG By Larry Persily Sept. 12, 2018 All three Alaska municipalities vying for a multibillion-dollar natural gas liquefaction plant and marine terminal are now intervenors in the federal regulatory process, giving each the legal right to challenge Federal Energy Regulatory Commission (FERC) decisions on the proposed Alaska LNG project. ...  Scroll down for Persily's full story below (Larry Persily, Northern Gas Pipelines photo by Dave Harbour) Our comment: In Alaska only the oil & gas industry must pay a special, state-wide property [...]

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

9-10-18 JUNEAU’S BIZARRE OIL PROTEST – AND – 9-11 Is Patriot Day Everywhere In the US, Except Governor Bill Walker’s Alaska

On Saturday, we observed 9-11 and honored all national defenders and first responders with BIG-HEARTED patriots in small town, USA! AFTERNOON NEWS ALERT: Through a Letter of Understanding signed today, the Department of Natural Resources, ExxonMobil, and BP agreed to terms to better align the settlement with the Alaska LNG Project. The agreement effectively stays the year-end 2019 deadline as long as the project continues to progress. The extension will end when the Alaska LNG Project reaches final investment decision, or when DNR notifies the parties [...]

By |2018-09-10T15:14:25-09:00September 10th, 2018|Alaska Governor Bill Walker, Commentary, LNG|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 [...]

8-8-18 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 [...]

8-2-18 Today’s Alaska LNG Project Realities

Today's Alaska LNG Project Realities Sinopec drops interest in managing AK LNG construction Alaskajournal.com The company has dropped its interest in managing construction of the Alaska LNG Project after traveling the 800-mile route through the state in May. LNG projects ramp up in response to growing market Alaskajournal.com Qatar plans to expand its LNG capacity by 23 million tonnes by 2023 ... Much closer to Alaska, Shell and its partners in LNGCanada are expected to ... OPINION: Trump is playing to win. Are Republicans? Alaskajournal.com The possible impact on the ultimate price of the Alaska LNGProject has been tossed around as [...]

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: [...]

6-20-18 The Show (Archive) Must Go On!

We've been laying low for several weeks due to shoulder replacement surgery and related issues...for which we thank readers' patience.  We're slowly repairing,  able to type a little and now focused on adding appropriate northern energy content into our searchable archives as before.  -dh BIG NEWS TODAY: Trump repeals Obama's destructive, duplicative Ocean Policy E.O.  See this letter from the National Ocean Policy Coalition below, column right.  -dh Today's Latest Northern Energy News: Oil, Gas & LNG Readers: Download the "six behaviors" below for important [...]

5-23-18 Walker Government And Xi Government Continue Alaska LNG Export Talks This Week

Gas/LNG Updates: Alaska-China Alaska mission to China kicks off with ceremony, trade talks…and speed dating/   Imagine flying all the way to China for a blind date. Or waiting for that Alaskan from halfway around the world to make the first move. In China, Alaska governor meets vice premier for trade talks.  Alaska Gov. Bill Walker along with state gas line corporation head Keith Meyer (Photo) met with Chinese Vice Premier Liu He in Beijing early Monday morning. After ending trade talks in DC with an agreement to buy, China finds Alaska looking to sell. [...]

By |2018-05-23T08:41:20-09:00May 23rd, 2018|AGDC, Alaska Governor Bill Walker, China, LNG|0 Comments

5-9-18 Hendrix Moves To Alaska’s Private Sector, In Part

John Hendrix (photo) was hired to advise Gov. Bill Walker on oil and gas matters and give the governor some cover in an area where he badly needs credibility. That was nearly two years ago. Now, Hendrix is heading for the exit. Some had been courting him to run for governor himself, but instead, he's found a landing at NANA. See Must Read Alaska story here. P.S.  Here's a clip from Governor Walker's press release.  We'll be interested to see how this works out.   ("Mr. Hendrix will continue working with the [...]

By |2018-05-09T10:59:44-09:00May 9th, 2018|Alaska Governor Bill Walker|0 Comments

4-11-18

Canada's Pipeline Obstacles Ref: Our 4-7-18 Post Braid: Coming soon, the NDP bill to choke off fuel to BC.  Calgary Herald.  Called the Preserving Canada's Economic Prosperity Act, it will enable cuts ofAlberta fuel shipments to B.C.'s Lower Mainland. This will likely apply to oil, natural gas and refined products, including gasoline, diesel and aviation fuel. And the restrictions probably won't just apply to pipeline shipments. Insuring a pipeline: Kinder Morgan faces risks that only government can address.  CBC.ca.  The resulting Pipeline Debate was one of the most intense political events in Canadian history. The Conservatives under John Diefenbaker were strongly opposed, [...]

3-20-18 LAST CHANCE BEFORE VOTING: A Logical Review Of Anchorage’s Utility Ballot Initiative, and An Alaska LNG Scheme Update

Our Analysis Of Proposition 10 From Last Week Proposition 10 allows the MOA to sell its Municipal Light & Electric (ML&P) utility to Chugach Electric Coop (CEA). Ray Kreig on Mike Porcaro's 3-23-18 KENI Radio Show re: author's view of ML&P sale. https://clyp.it/fhbf5swd We support an HONEST and TRANSPARENT sale of ML&P but we oppose the corrupted process leading to Proposition 10.  We will vote “No” until the MOA employs a transparent, valid, robust, national competitive bidding process (i.e. RFP or RFB) and until a super majority [...]

3-7-18 Alaska has a deficit budget and fiscal crisis but pours money into socialized, uneconomic energy projects!

Government subsidized Fairbanks natural gas scheme plods on... ...with insufficient customer base, insufficient long term gas supply, high cost barriers to fuel oil/gas conversion. This is one of two large,  socialized, Alaska energy projects that politicians continue to subsidize in the midst of a fiscal crisis highlighted by deficit budgets.  Neither the AGDC nor the IEP natural gas projects would now be burning cash if they were controlled by prudent, free market investors.  See references, below.  -dh LNG tank construction a sign of progress for Interior gas project (IEP),  Alaskajournal.com,   Backhoes are back [...]

1-23-18 Just remember….

Just remember... Private companies when filing with FERC and other agencies -- for energy projects or just for portions of a project regulated by a particular agency -- really have to have their acts together. Among that preparation is a reasonable degree of knowledge and proof -- acceptable to the board of directors as well as convincing to the agency -- that the project is real.  The application must be solid: environmental research/safeguards (i.e. air, water, earth and flora and fauna, including birds, mammals, fish), geological, cultural, archaeological, logistic, [...]