6-18-15 Why Shale Critics Have It Wrong

Oil Tax Commentary   WSJ.  Video interview, "Why shale critics are wrong." Calgary Herald by Stephen Ewart.  With the NDP government’s first throne speech Monday, Premier Rachel Notley began disappointing the party’s core supporters in the environmental community by championing exports of Alberta oil to global markets as part of a Canadian energy strategy. Recently, we commented on the onerous similarities between oil tax perspectives of Governors Kasich of Ohio and Palin of Alaska.   Alaska has just now, after nearly a decade of economic downturn, managed to repeal and overcome some of the damage done by Palin's populist, anti-oil tax policy. [...]

By |2016-12-22T22:28:16-09:00June 18th, 2015|Alaska Taxes, Commentary|0 Comments

6-16-15 Is Alaska’s Governor Seeking Control Of The Ak LNG Project; Or, A Governent Owned Project?

Alaska Governor Bill Walker's June 8 Letter To AK LNG Participants Doesn't Exactly Radiate Cooperation  by Dave Harbour (In fairness, we wish to provide this comment from an anonymous reader.  -dh) Today, we ask if Alaska Governor Bill Walker (NGP Photo) is seeking cooperation with participants in the AK LNG project, or is he seeking to control those free market participants, or is he angling toward a separate, government owned project?   Here is a letter Walker sent yesterday to House and Senate resource committee leaders which included the copy of a letter [...]

By |2016-12-22T22:28:16-09:00June 16th, 2015|Alaska Taxes, Commentary, LNG, Reader Comment|0 Comments

6-7-15 Oil Taxes Approach the Alaska Political Spotlight Again

Comment.  Readers can be sure that when Alaska's governor calls a summit on the state's fiscal situation, the outlook for oil and gas investors becomes less certain.  (See ADN story, column left) This is because the natural course of politics is to tax entities with the most cash and fewest votes and protecting large voting blocks of beneficiaries. For example, the capital intensive oil industry employs very few, highly skilled masters of technology to produce great wealth.  Other industries, like commercial fishing and tourism are people intensive; they employ huge armies [...]

By |2016-12-22T22:28:17-09:00June 7th, 2015|Alaska Taxes, Alaskanomics|0 Comments

6-2-15 New Alaska North Slope Discoveries!

NEW Alaskan Discoveries Are Significant: See TODAY'S NEWS!  (Note: we thank Rebecca Logan {NGP Photo}, Alliance General Manager, for alerting us to this important announcement!) Keystone XL Commentary by Robert Dillon (NGP Photo), U.S. Senate Energy and Natural Resources Committee TODAY'S RELEVANT ENERGY LINKS, COURTESY OF CONSUMER ENERGY ALLIANCE     Calgary Herald British Columbia's energy projects lure companies stung by Alberta downturn Calgary Herald Still, all of the LNG terminals proposed for the British Columbia coast remain in the planning stage while gas and crude- oil pipeline projects face ...     CBC.ca Kinder Morgan Trans [...]

More Alaska Oil Industry Angst Approaches

Attend the Annual Alaska Oil & Gas Association Luncheon!  Show support for a sustainable future! Our Instinct: Conservatives Must Seize Opportunity To Save Alaska's Economy  by Dave Harbour ​Please read news items below We admire Senator Lisa Murkowski's vigilance on Arctic exploration issues -- and the initiative of her committee's Communication Director, Robert Dillon.  See TODAY'S COMMUNICATION AND VIDEO HERE. Many moons will come before Shell Oil and other producers, under the most agreeable circumstances, can find and commercially produce oil and natural gas from Alaska's Arctic reservoirs in the [...]

By |2016-12-22T22:28:20-09:00May 19th, 2015|Alaska Taxes, Commentary, Federal Obstruction|0 Comments

3-5-15 View Live Senate Arctic Hearing Now!

TODAY AT 10 AM EASTERN, The Senate Energy and Natural Resources Committee will hold a hearing to evaluate opportunities for the United States to build on its status as an ​Arctic nation for the betterment of the nation and those who live in the Arctic. U.S. Senator Lisa Murkowski ​(NGP Photo-Upper L) chairs the hearing.  The hearing features North Slope Borough Mayor Charlotte Brower (NGP Photo-L.  Said federal Arctic policy works against Alaska's and America's future and is like painting a mailbox while the house burns down...."); and Alaska State Senator Lesil McGuire (NGP Photo); [...]

2-27-15 Understanding Oil Prices

See Consumer Energy Alliance's Friday Energy News Links, here. ALERT - ALERT: Anchorage readers should PLEASE attend Bureau of Ocean Energy Management (BOEM) meeting on Monday.  We hope that the Governor's Office and Legislators are represented--since the subject pertains to keeping the Trans Alaska Pipeline System (TAPS) viable AND assuring the sustainability of South Central Alaska gas supplies!   Details here.  As Russia moves to cut Ukrainian gas supply, we wonder why the U.S. does not come smartly to the rescue with energy and weapons supplies!  -dh We urge our gentle [...]

By |2016-12-22T22:28:34-09:00February 27th, 2015|Alaska Taxes, Alaskanomics, Arctic Policy|0 Comments

2-26-15 Please Review Yesterday’s Commentary

What's next for Keystone XL? We urge our gentle readers to review yesterday's posting; we cannot remember -- in well over a decade -- posting a more useful, relevant and actionable commentary for our Alaskan, Canadian and Lower 48 readers.  -dh Alaskanomics by Mark Edwards.   Understanding the Current Oil Price Environment - Part I  (See later Parts II and III) Over the next couple of days, I will post a three part series about the current oil price environment in Alaska. It is well known that Alaska’s economy is highly [...]

2-25-15 We Are Optimistic That Good Intent Will Win The Day Over Daunting Challenges!

We Are Optimistic That Good Intent Will Win The Day Over Daunting Challenges! A tale of two pipelines and two chief executives: President Barack Obama and Governor Bill Walker by Dave Harbour  (Note: By Friday more links, references and other minor modifications will be added for archive purposes.) We must be optimistic!  After all, who wants to even contemplate the bankruptcy of Alaska or the destruction of America's way of life? So in our Churchillian way, we will never, never, never, give in to pessimism and will fight to the [...]

2-24-14 Australian Investor Comments On Governor Walker’s Gas Project Rhetoric!

TransCanada's Keystone XL: This IHS study finds that Keystone XL replace other heavy crude imports from countries like Venezuela. What if he vetoes? 5 Keystone XL pipeline hurdles still ahead Keystone XL pipeline will be approved, Greg Rickford predicts Keystone bill would be vetoed by Obama, White House says Keystone XL pipeline bill passes major hurdle in U.S. Senate Keystone XL pipeline project decision back in Obama's hands Australian Investor Speaks! Our Northern Gas Pipeline (NGP) friends will want to tune in today to Alaska legislative video conferences dealing with [...]

2-9-15 Alaska’s Oil Tax Reform Is Working Well

ADN Commentary by Tim Bradner (NGP Photo).  It’s been months since Alaskans voted to retain the new oil production tax system, but we still hear grumbling that this was a big giveaway to industry. Time to pound a stake into this zombie. Bloomberg by Jeremy Van Loon.  Alberta is in discussions with Alaska about shipping oil-sands crude through the U.S. state to the Pacific as approval for the southbound Keystone XL pipeline languishes in Washington. The Alaska plan would involve constructing a pipeline along the Mackenzie River valley and then west to [...]

By |2016-12-22T22:28:36-09:00February 9th, 2015|Alaska Taxes, LNG|0 Comments

2-2-15 “Alaska’s Challenge of Cash & Energy Shortage: Part I”

 “Alaska’s Challenge of Cash & Energy Shortage: Part I” See Part II and Part III Additional references and historical background In “Alaska LNG Challenges” by Dave Harbour First, there is the Challenge of Cash Shortage. […]

By |2017-08-29T12:48:25-09:00February 2nd, 2015|AGDC, Alaska Taxes, Commentary, Interstate Gas, Intrastate Gas, LNG|0 Comments

1-30-15 NWT Reviews Another Mackenzie Pipeline Option As Financially Strapped Alaska Moves To Purchase A City Utility

Commentary: In conspicuous contrast to President Obama and environmental extremists on both sides of the border, Northwest Territories Premier Bob Mcleod (NGP Photo) joins Alberta Premier Jim Prentice, as a longtime proponent of prudently constructed and managed pipelines.   In fact, McLeod sees pipelines for oil and gas as being one way of increasing the wealth and stature of his people as well as the NWT's economic independence from Ottawa.  See story below.  -dh Toronto Sun by DAVID AKIN, The Northwest Territories announced Thursday it will begin a feasibility study that could [...]

By |2016-12-22T22:28:36-09:00January 30th, 2015|Alaska Taxes, Commentary, Interstate Gas, Intrastate Gas, LNG|0 Comments

1-19-15 Optimism Amid Challenges

Essay: Maintaining Optimism In A Challenging Environment An essay to assist both Alaska citizens and our thousands of readers abroad in understanding the critical circumstances now confronting the 49th state. By Dave Harbour (Send us your comments, and scroll up for tomorrow's related commentary!) America invented the term, “Keep a stiff upper lip”, exactly two hundred years ago in a book entitled, "Massachusetts Spy".  The Brits adopted the term and now oil producers throughout the world are repeating it to stay calm in the face of what may be a prolonged period of [...]

1-3-14 Will We Make Our Children Proud?

In response to our commentary yesterday (scroll down), we are pleased to provide a related Facebook discussion below from Brad Keithley's (NGP Photo) page, Alaskans For A Sustainable Budget:      Greg L Kisor Best article on the subject I've read. 22 hrs · Unlike · 1 Steve Pratt Good piece. My own analysis a few years ago indicated the PERS liability to be about $5 Bill. more than the $10B. In any case, it is going to be interesting. 22 hrs · Like Andy Holleman Dave, I find one part confusing....you say " The piece quotes some who contend [...]

By |2016-12-22T22:28:39-09:00January 4th, 2015|Alaska Taxes, Commentary|0 Comments
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