12-31-15 Happy New Year! There is a way to be optimistic!

As 2015 comes to an end today, let tomorrow's new year inspire the sort of dedication and successful work that creates a noble legacy from our service.  A great East Coast attorney reader emailed us about yesterday's commentary: "Great email, lots of news, but I would like to see YOU more positive about the future.  Give me some hope!"  Happy New Year!  L&E H   (The hope lies in the quality of our sowing, doesn't it?  -dh) A faithful, PhD biologist friend has it right: Alaska should keep its eye on [...]

By |2016-12-22T22:27:45-09:00December 31st, 2015|Alaska Taxes|0 Comments

12-30-15 Tomorrow is the eve of Alaska’s great year of budget challenge

Tomorrow is the eve of Alaska's great year of budget challenge! by Dave Harbour Our friends in Canada are not immune from fiscal challenges.  After all. spending too much may really boil down to 'human nature' issues that, to understand, require us to 'follow the flows of money and power'.   Canada's leaders and Rebecca Logan and a dedicated Alliance staff add perspective to Alaska's fiscal crisis.         Petroleum News.  No easy answer to Alaska's fiscal crisis. environ- mental consti-tuencies are under-mining   eco-   nomic health   with 'Climate Change' [...]

By |2016-12-22T22:27:45-09:00December 30th, 2015|Alaska Taxes, Commentary|0 Comments

12-28-15 Tax Policy, Spending Policy, Oil Policy and Gas Pipeline Policy Are All Related!

Northern Gas Pipeline Readers Join Us In Commenting On Current State of Affairs From a liberal friend, and our reply.   Petroleum News.   House Finance Co-Chair Mark Neuman (NGP Photo) says if Gov. Bill Walker wants to generate new revenue, part of that solution needs to be removing regulations that could stifle {More....} From Ak-Headlamp:  The New York Times covered Alaska’s ongoing fiscal woes as oil prices continue to fall. ... although other resource-based economies are also seeing the long-term impact of declining oil prices, Alaska’s situation is unique as Governor Bill Walker (NGP [...]

By |2016-12-22T22:27:45-09:00December 28th, 2015|Alaska Taxes, Commentary|0 Comments

12-22-15 Wise Counsel from “Keep Alaska Competitive”

Wise Counsel from "Keep Alaska Competitive" (Caelus, et. al.) Low LNG and oil prices threaten LNG projects and Alaska's economy....  dh Petroleum News by Alan Bailey (NGP Photo).   As oil prices tumble and with them the potential solvency of the state of Alaska's finances, a heated debate is emerging over both the extent of the problem and the means of putting the state's fiscal position back onto an even keel. On Dec. 7, during Law Seminars International's Energy in Alaska c.... APRN by Rachael Waldholz.  This month, the state committed [...]

By |2016-12-22T22:27:45-09:00December 22nd, 2015|Alaska Taxes, Arctic Policy, LNG|0 Comments

12-18-15 Alaska Gasline Development Corporation Leadership Changes

(Scroll down or click here for yesterday's 12-17-15 editorial) ADN by Nathaniel Herz.  ... the board of the Alaska Gasline Development Corp. made its acting chair, Dave Cruz, the permanent chair, with Hugh Short named vice chair.  The board also unanimously approved the appointment of Fritz Krusen, who was previously a vice president at the corporation, as interim president.... Courthouse News.  Alaska Gov. Bill Walker (NGP Photo) said Thursday his state extended its cooperation agreement with Japan-based consortium Resources Energy to develop natural gas fields in Cook Inlet.      The state [...]

By |2016-12-22T22:27:45-09:00December 19th, 2015|Alaska Taxes|0 Comments

12-17-15 Alaska: Among LOWEST THREE Economically Free States – Alberta, BC and Saskatchewan Did Better!

Fiscal crises affect national and local governments -- and the oil patch!  -dh Last week in Anchorage, Caelus Energy Alaska's Executive Vice President, Alaska Operations, Pat Foley (NGP Photo), told members of the Alaska Support Industry Alliance that a stable investment climate had helped encourage his company to make big investments in the state's future.  He then added that because of increased talk about oil taxes and the instability of the state's economy, the company's investment decisions are slowing.  "As we look around today," Foley said, "we are starting to become a little [...]

By |2016-12-22T22:27:45-09:00December 17th, 2015|Alaska Taxes, Commentary|0 Comments

12-15-15 Alaskanomics and Alaska’s Budget Plan

Today's page may be all about budget...but the budget is all about oil tax policy!  -dh TONIGHT: ALASKA'S GOVERNOR WALKER RELEASES MORE BUDGET DETAIL! FROM ALASKANOMICS: Governor Walker's Fiscal Year 2017 Budget Plan Last week, Department of Revenue Commissioner Randy Hoffbeck, and Tax Division Chief Economist, John Tichotsky, gave a presentation to the Energy Action Coalition about the State's 2015 Revenue Forecast. The Alaska Department of Revenue this week released the first 2 chapters of the Fall Revenue Sources Book for 2015. It contains the annual forecast data that provides basic [...]

By |2016-12-22T22:27:45-09:00December 16th, 2015|Alaska Taxes, Alaskanomics|0 Comments

12-11-15 “Great to have a government partner!”

Alaska Journal of Commerce, by Tim Bradner.  Alaska Gov. Bill Walker (NGP Photo) said he gave the OK Dec. 3 for the state to vote “yes” on continuing work on the Alaska LNG Project after receiving commitments from two North Slope producing companies that they would not withdraw from the project without negotiating to sell their gas. That same day the partners in the project, BP, ConocoPhillips, ExxonMobil and the state, voted to approve a $230 million 2016 budget and work plan to complete preliminary engineering work. The state’s share of [...]

By |2016-12-22T22:27:46-09:00December 11th, 2015|Alaska Taxes, Commentary, Intrastate Gas, LNG|0 Comments

12-9-15 The Whole Kit and Caboodle

From Alaska Headlamp: "Patience Is A Virtue" Husky to sell Canadian assets.  Calgary Herald by Dan Healing. EPA and Enviros begin Ak-LNG attack.  Expect more.  -dh Alaska buys equity in risky 2025 project. “Understanding ... links between terrorism and the sale of oil into the world market ... we seek to ensure that America and our allies have access to secure and abundant supplies of energy,” said Alaska Senator Lisa Murkowski (NGP Photo).  The Whole Kit and Caboodle Our Commentary.  Thanks to Dan Henninger, Wall Street Journal, for this brilliant opinion piece.    (i.e. Left [...]

By |2016-12-22T22:27:46-09:00December 9th, 2015|Alaska Taxes, Commentary, Federal Obstruction, LNG|0 Comments

12-2-15

As we travel from Ecuador to Anchorage (Our FB Report), we provide readers with the following Alaska Headlamp report.  -dh More Oil Tax Changes? Alaska Public Radio News, Fairbanks Daily Miner, and Alaska Dispatch News covered a report released by the Senate Oil and Gas Tax Credit Working Group lead by Anchorage Republican Sen. Cathy Giessel. Senator Giessel had a key conclusion: "Without the tax credits…I'm concerned that these smaller companies will pull back." The report recommends that the state develop a "stronger path to repayment" for Alaskan contractors and vendors if a company receiving tax credits goes [...]

By |2016-12-22T22:27:46-09:00December 2nd, 2015|Alaska Taxes, Federal Obstruction, LNG|0 Comments

12-25-15 Rhetorical Question: Isn’t Alberta Alaska’s Canary In The Coal Mine?

Isn't Alberta Alaska's Canary In The Coal Mine? Alaska Headlamp  "Wrong every step of the way." In the wake of the latest self-inflicted challenge for the AKLNG project, the Alaska Journal of Commerce published an editorial chronicling Gov. Bill Walker's (NGP Photo) failings and hypocrisies dating back to his time on the campaign trail. Commentary: This is a time of low energy prices and severe industry cost cutting, right?  Why, under these circumstances, would Alberta's new Premier be attacking carbon on her way to the Paris Climate Change Conference?   *Why would the Governor [...]

By |2016-12-22T22:27:47-09:00November 25th, 2015|Alaska Taxes, Commentary, LNG|0 Comments

11-23-15 Can A “Business As Usual” Attitude Overcome Alaska’s Financial Crisis?

EIA: U.S. proved oil and natural gas reserves rise in 2014 Comment: Premier Notley, like President Obama is taking actions that can be touted at the upcoming Paris Climate Change Conference where the top UN climate change official has said the true goal of environmental activism is to "destroy capitalism".  -dh See today's Alaska Headlamp Today, in the United States Supreme Court, nine Alaska organizations filed an Amicus Brief .... Calgary Herald by Stephen Ewart.  Alberta Premier Rachel Notley effectively put the first limits on unchecked growth in the oilsands — through a 100 mega-tonne annual cap on greenhouse gases.... [...]

By |2016-12-22T22:27:47-09:00November 23rd, 2015|AGDC, Alaska Taxes, Commentary, Interstate Gas, Intrastate Gas, LNG|0 Comments

10-26-15 Alaska LNG Legislative Struggle

What do you think Alaska should do? Commentary by Dave Harbour Commentary: Yesterday a friend from Canada called after reading our rare, Sunday email alert.   Earle said, after watching some of the Alaska special legislative session weekend meetings on line, "Looks like your politicians have gotten themselves in over their heads.  What would you do, Dave"? Of course, Earle was referring to the state's fiscal crisis: the $3-4 billion annual deficit; the diminishing Trans Alaska Pipeline throughput; billions in unfunded state employee pension liability, and the out of control spending by a [...]

By |2016-12-22T22:27:58-09:00October 26th, 2015|Alaska Taxes, Commentary, LNG|0 Comments

10-19-15 CLIMATE CHANGE EDITORIAL: KILLING CAPITALISM?

Killing Capitalism?   Have several oil and gas CEOs now joined the enviro-governmental-industrial cabal? Commentary prepared on Friday, October 16, 2015 by Dave Harbour Today, we have what is to us a disturbing announcement by some of the globe's largest oil and gas companies.   They have formed a new consortium.  Not to build a pipeline.  Not to develop an oil and gas reservoir.  Not to permit a new LNG facility.  No, these companies have formed a new consortium to support a conflicting interest, the "Oil and Gas Climate Initiative (OGCI)".   We can imagine [...]

By |2016-12-22T22:27:59-09:00October 19th, 2015|Alaska Taxes, Arctic Policy, Commentary, Personal|0 Comments

10-13-15 ConocoPhillips Feeds New Kuparuk Oil Into The Trans Alaska Pipeline System (TAPS)

FERC has full workload with LNG export projects" by Larry Persily ​(NGP Photos: Larry Persily (L) and FERC Commissioner Tony Clark) Be a part of the Alaska Support Industry Allance's Annual MEET ALASKA conference in January.  Here's how! ConocoPhillips Adds New Oil to the Trans Alaska Pipeline Yesterday, ConocoPhillips Alaska Inc. announced that Kuparuk Drill Site 2S (DS2S photo) began producing oil, under budget and ahead of schedule. The project was approved for funding in October 2014, and production was originally expected in December. This is the first new drill site at Kuparuk [...]

By |2016-12-22T22:27:59-09:00October 13th, 2015|Alaska Taxes|0 Comments
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