9-10-15 Once again–you read it here first!

We love the Energy Producing States Coalition's advocacy for domestic energy and join the group in welcoming a new legislative member, Pennsylvania's Representative Pam Snyder (Photo).  -dh Calgary Herald, by Geoffrey Morgan.Suncor Energy Inc.’s Steve Williams blasted the “stupidity” of pipeline politics in the U.S. and Canada.... Our Readers will be interested in Tom Brennan's (NGP Photo) Sunday, Anchorage Daily Planet review of the role Exxon, ARCO, Tom, Hank Rosenthal and others -- including your author -- played in Alaska Waterfowl enhancement policies of the 1970s and 80s.  -dh Exxon CEO Rex [...]

By |2016-12-22T22:28:02-09:00September 10th, 2015|Alaska Taxes, Commentary, LNG, Reader Comment, You Read It Here First|0 Comments
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9-9-15

ADN.  Alaska Gov. Bill Walker’s administration plans to propose reducing the state’s $600 million oil and gas tax credit program, cutting back on breaks to industry that are no longer needed, Revenue Commissioner Randy Hoffbeck said Tuesday. In a meeting in Anchorage of a state Senate working group on tax credits, Hoffbeck told assembled lawmakers and industry representatives that state payments aimed at reviving a flagging natural gas industry in Cook Inlet had worked. There are no longer fears of a shortage in Anchorage and elsewhere in Southcentral Alaska, he [...]

By |2016-03-13T03:56:31-09:00September 9th, 2015|Alaska Taxes|0 Comments
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9-8-15 ConocoPhillips Plans New NPR Well Sites

Important Tax Credit Hearing Occuring Today In Alaska: Details Here Larry Persily's relevant energy links Juneau Empire Op-Ed by Caroline Higgins (NGP Photo).   Last week, Alaskans welcomed President Obama to our state.   ...opportunity to let the world know how we Alaskans feel about developing our plentiful natural resources.... Here is the perspective we Alaskans need to remember and share: Alaskans support resource development in huge numbers. Just last year, Consumer Energy Alliance surveyed Alaskans for their views on offshore oil and gas drilling in the Arctic. They found that [...]

By |2016-12-22T22:28:02-09:00September 8th, 2015|Alaska Taxes, Commentary|0 Comments
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9-3-15 Shell’s Arctic Exploration Bodes Well For Alaska!

What’s at stake for Alaska in Shell’s Arctic drilling program?   Reader Op-Ed By Paul Fuhs (NGP Photo) A lot has been said by many people about Shell’s Arctic drilling program but I have yet to see a real analysis of what it would mean for Alaska and our people. Some have said :  “Well, it is in Federal waters so we won’t get anything out of it.”  I just don’t believe that is true.  Here are some of the direct benefits we will receive if Shell is successful in [...]

By |2016-12-22T22:28:02-09:00September 3rd, 2015|Alaska Taxes, Arctic Policy|0 Comments
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8-20-15

Please note our June 25 commentary on competitiveness.   Then, bookmark our April 17 commentary.  -dh Comment: Critical reading of today's events below demonstrates some good news in the form of COP's new drilling at its CD5 property on the Alaska North Slope (ANS).  Then, we note from our Australian and Ohio analysts the increased difficulty faced by an ANS gas transportation project in a low energy price, high production environment.   ALASKA DECISION MAKERS: Does this not mean Alaska must become even more competitive to market its natural resources, not [...]

By |2016-12-22T22:28:03-09:00August 20th, 2015|Alaska Taxes, Commentary, Interstate Gas, Intrastate Gas, LNG, You Read It Here First|0 Comments
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8-18-15 Outrageous Decisions

Governor Bill Walker's Outrageous Decisions by Dave Harbour RATING AGENCY WARNS ALASKA: A VERY SIGNIFICANT AND VERY BAD OMEN. THIS ACTION WILL AFFECT THE COST OF MONEY AND, THUS, INCREASE ALASKA'S DEFICIT.  WARNING OF A RATING DOWNGRADE PORTENDS MORE BAD NEWS TO COME ABSENT A SIGNIFICANT TURNAROUND IN STATE POLICY.  -DH STORY BY ANDREW JENSEN, JOURNAL OF COMMERCE Standard and Poor’s Ratings Services lowered the outlook on the State of Alaska’s credit rating from “stable” to “negative” on Aug. 18, and gave politicians one year to reorganize the fiscal house before the [...]

By |2016-12-22T22:28:03-09:00August 18th, 2015|Alaska Taxes, Arctic Policy, Federal Obstruction|0 Comments
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8-17-15 Feds Permit Half A Loaf (adding many conditions) For Shell’s Arctic Program

Breaking News: Bureau of Safety and Environmental Enforcement (BSEE) Director Brian Salerno today announced that Shell has received approval of one Application for Permit to Modify (APM) to conduct exploratory drilling activities into potential oil-bearing zones offshore Alaska at one of the wells at the Burger Prospect, Burger J.  Read More.... OUTRAGEOUS: Alaska's "Socialist Governor In Sheep's Clothing" Begins To Bear All.  See Tim Bradner's piece in the Alaska Journal of Commerce.  We will have plenty of comment tomorrow.  -dh "Gov. Bill Walker is still pushing North Slope producers for [...]

By |2016-12-22T22:28:03-09:00August 17th, 2015|Alaska Taxes, Commentary, You Read It Here First|0 Comments
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8-14-15

Gas offers have come in - 08/16/2015 (Full story) Petroleum News by Alan Bailey.  The Interior Energy Project, an Alaska Industrial Development and Export Authority initiative to bring affordable energy to Fairbanks and the Alaska Interior, has passed a couple of milestones, as the project team assesses bids for the supply of gas from the Cook Inlet basin and proposals for the sh....   (Comment: We remain wary about the reality of Walker Administration efforts to block a free enterprise sale of LNG facilities so that politicians can force feed natural gas [...]

By |2016-03-13T03:55:07-09:00August 14th, 2015|Alaska Taxes, Intrastate Gas, LNG|0 Comments
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7-21-15 Presidential Candidate Kasich Wants High Oil Taxes To Cover Ohio Overspending

Calgary Herald by Alicjaa Siekierska.  Carbon & dust emissions from oil sands activity stimulates forest growth.  “...a pillar in President Obama's energy legacy of failure.”   -Congressman Rob  Bishop    *     *     * BP Hires Vets   Consumer Energy Alliance Relevant Energy Links   Commentary: Today, 2-term Ohio Governor John Kasich announced his presidential bid (Photo credit: LA Times).  He began his term with a multi-billion dollar deficit and now enjoys a $2 billion surplus.   But Kasich's embrace of Medicaid could put more pressure on the budget every [...]

By |2016-12-22T22:28:13-09:00July 21st, 2015|Alaska Taxes, Commentary|0 Comments
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7-20-15 BC LNG Moves Forward

Vancouver Sun by Dirk Meissner.   Commentary: Could the Alaska gas pipeline/LNG project's need for fiscal certainty be modeled after BC's attempt to provide a 25 year window of certainty for investors? Alaska Governor Bill Walker (NGP Photo) has pledged to seek a fiscal certainty for Alaska's gas.  But we have observed that since the major producers own both oil and gas facilities in the state, providing certainty for only the gas still leaves investors vulnerable to predatory taxation. Unfortunately Alaska has a long history of increasing or enacting oil taxes [...]

By |2016-12-22T22:28:14-09:00July 20th, 2015|Alaska Taxes, Commentary, LNG|0 Comments
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7-14-15 Alaska Gas Pipeline Commentary

Global LNG Markets: Implications for Alaska (Our Canadian readers can 'read between the lines'.)  A presentation provided by Doug Rotenberg, BPs Chief Commercial Advisor, June 24, 2015.  Note: "Demand uncertainty by certain, key Asian markets." Alaska Gas Pipeline Commentary: by Dave Harbour On the links list, lower right column, readers will find a link to Alaska's Economy, First National.   Following that link, our readers will find this exchange among two commentors and your publisher: First Commentor: I hope parents share this (1st National economic information) with their teen age children. Alaska's future needs to be [...]

By |2016-12-22T22:28:14-09:00July 14th, 2015|Alaska Taxes|0 Comments
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7-10-15 “Alaskan and Canadian Leaders: Investors Matter.”

Could Saskatchewan become more oil investor friendly than Alberta? Alaska Support Industry Alliance Analysis Our Commentary (Reference today's articles below) Alaska and Canada Pay Attention: To investors, costs matter and costs include the cost of taxes and royalties and regulatory requirements and reneging on tax credits.   Go ahead and demonize the goose that lays golden eggs.  Try to popularize the 'taking' of more private wealth for public redistribution using tired, old and untrue "fair share" arguments.  Sure, you'll rip off investors for a short period of time but you will deter [...]

By |2016-12-22T22:28:14-09:00July 10th, 2015|Alaska Taxes|0 Comments
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7-1-15 Alaska Governor Reneges On Oil Tax Credit

Our Commentary ADN by Pat Forgey.   Alaska Gov. Bill Walker (NGP Photo) announced Tuesday that he had signed state operating and capital budgets, approving $9.8 billion in spending sought by the Legislature but vetoing a possible $200 million worth of controversial oil tax credits.      ... RELATED:  Dispute over oil tax credits plays out in shadow of Alaska's budget deadlock "It is apparent the current oil and gas production tax credit system is unsustainable," Walker said in a letter Monday to Senate President Kevin Meyer, (NGP Photo), telling him of [...]

By |2016-03-13T03:54:43-09:00July 1st, 2015|Alaska Taxes, Commentary|0 Comments
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6-25-15 Uphill Road For An Alaska LNG Project

It's An Uphill Road For An Alaska LNG Project Whether most Alaskans appreciate it or not, the best hope for a successful, Alaska LNG project is that Alaska's largest producers support it.  Today, we analyze why that so. by Dave Harbour Alaskans have consistently supported higher taxes on Alaska's oil companies and higher spending on social services -- with some exceptions.   The Alaska tax and spend model is not unlike the model employed nationally, in Washington D.C., except national leaders are capable of spending more than they take in by merely [...]

By |2016-12-22T22:28:15-09:00June 25th, 2015|Alaska Taxes, Commentary, LNG|0 Comments
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