4-22-14 Deadline TODAY For NPR Project Comment – Dan Fauske Briefs Sitka Chamber On Alaska Gas Project

BP agrees to sale of interests in four Alaska North Slope assets Calgary Herald by Dan Healing.  Oilsands company reports 13,400 barrels per day in Q1.  Calgary Herald by Deborah Yedlin.  Will there ever be an end to the largely uninformed commentary and analysis about the oilsands and the evils of the Keystone XL pipeline? ... former U.S. president Jimmy Carter, ..., sent Barack Obama a letter urging rejection of the project. See comment of one of our readers, submitted today! Today is the last day to show support for [...]

4-11-14 LNG Jobs For Alaskans In BC?

Northrim Bank and its President, Joseph Beedle (NGP Photo), hosted a packed house economic briefing yesterday at the Dena'ina Convention Center in Anchorage featuring Economists Mark Edwards and Bill Conerly.  We'll have more for readers by Monday.  -dh Opportunity For Alaskans In Canada? Petroleum News: British Columbia Premier Christy Clark, supported by a delegation of top cabinet ministers and petroleum leaders, has persuaded the Canadian government to declare that the LNG sector is a potential “nation-builder” which could create 100,000 jobs. Although the accord signed in Ottawa earlier in April is [...]

4-9-14 Pedro van Meurs Announces June Fiscal Oil and Gas Courses In Amsterdam

Our friend, Pedro van Meurs (NGP Photo) will host his special sequence of three fiscal oil and gas courses to be held in Amsterdam: June 4 – 6: The Advanced Course in Fiscal Systems for Unconventional Oil and Gas. The course deals with unconventional projects in North America and worldwide, including spreadsheet based economic analysis of a wide variety of applicable fiscal systems.   June 9 – 13: The world famous regular course in World Fiscal Systems for Oil and Gas, providing a comprehensive overview of fiscal systems related to leases, licenses, [...]

By |2016-03-13T03:53:33-09:00April 9th, 2014|Alaska Taxes|0 Comments

4-8-14 What Do Underfunded Pensions Have To Do With An Alaska Gas Pipeline?

Remember this announcement, 5 years ago today?  ANCHORAGE, April 8, 2008 - BP [NYSE: BP] and ConocoPhillips [NYSE: COP] today announced they have combined resources to start Denali - The Alaska Gas Pipeline. The pipeline will move approximately four billion cubic feet of natural gas per day to markets, and will be the largest private sector construction project ever built in North America. The project combines the financial strength, arctic experience and technical resources of two of the most capable and experienced companies in the world. Globe & Mail.  The [...]

4-7-14

WILD CANADA: This spectacular four-part series on the wildlife and the wild lands of Canada reveals a Canada that few have seen before.  This morning, U.S. Senator Lisa Murkowski (NGP Photo) ... This afternoon at 7:30 p.m. Eastern Standard Time, readers may watch a legislative hearing (i.e. live streaming) in Juneau before the Senate Resources Committee.  One of the items heard will be "Updates From The Field", including testimony concerning Alaska's tax and investment climate by Alaska Support Industry Alliance representatives, Rebecca Logan and Doug Smith (See photos).   ... commented on Rio [...]

3-31-14

Kenai Peninsula Clarion Editorial.  Last week, Gov. Sean Parnell created a municipal advisory board to weigh in on issues surrounding a natural gas pipeline project that could eventually tie communities together from Prudhoe Bay to Nikiski (i.e. See News Miner Story).​  While it’s laudable that the governor chose to allow several of those communities to weigh in — representatives from North Slope, Fairbanks North Star, Denali, Matanuska-Susitna, and the Kenai Peninsula Borough will be able to weigh in — we find other parts of the pipeline development process to be troubling.   More.... Latest On the Enviro-Industrial-Governmental Cabal Powerline Blog, 2-27-14. [...]

3-26-14 Parnell Creates LNG Project Municipal Advisory Board

Fairbanks News Miner by Matt Buxton.   After local mayors raised concerns over how the state’s natural gas pipeline deal could deprive communities of millions in property taxes, Gov. Sean Parnell (NGP Photo) established a board tasked with reviewing the pipeline. Parnell signed an order creating the Municipal Advisory Gas Project Review Board, which will “develop a framework for assessing the impact and benefits, especially on communities, of a future Alaska natural gas line,” according to a press release Tuesday.

By |2016-12-22T22:29:39-09:00March 26th, 2014|Alaska Taxes, Intrastate Gas, LNG, Notes From the Road|0 Comments

3-20-14 Learning From History

What Does This Week's Gas Pipeline Effort Have To Do With The August Primary Election? by Dave Harbour                                 Thirty-three years ago this week, Alaska's governor, Jay Hammond (NGP Photo), gathered with House and Senate leadership to announce bipartisan legislation aimed at reforming oil taxes. Point of Personal Privilege:   We celebrate the life and mourn the passing of our great friend, Dr. Milton Byrd (NGP Photo).  (See our later update and obituary on March 3, 2014)   [...]

3-17-14 Is Alaska Flirting…?

Part IV: Can Alaska be a place where A DEAL IS A DEAL? Competition Perspectives: Part IV (Part I, Part II, Part III) Is Alaska Flirting With The Last Gas Pipe Straw? by  Dave Harbour We had written a very long commentary which tried to shed light on the effect of currently discussed issues on Alaska investment climate competitiveness.  We then delved into the effect various pending decisions could have on prospects for an economically feasible gas pipeline. And we concluded that, as in Canada's MGM case, investors would do the best [...]

3-13-14 Is Alaska Flirting With The Last Gas Pipe Straw?

Is Alaska Flirting With The Last Gas Pipe Straw? Competition Perspectives: Part IV (Part I, Part II, Part III) by  Dave Harbour ​(Read More) Our friend, John Hofmeister (NGP Photo), former Shell President, offered this "quotable quote" on the energy situation during his interview with the Oxford Club's Energy and Infrastructure Strategist Dave Fessler:   Please Consider Testifying Today, Friday, March 14 on HB 77: Improve Alaska's Permitting Efficiency (We at NGP believe this is one rather small but important way citizens can improve Alaska's investment climate--rather than our usual challenge to fight off additional investment climate attacks!  -dh) Our friends at the [...]

3-10-14

Fairbanks News Miner/AP.  Allowing municipalities in on natural gas pipeline negotiations would be as “impracticable as having 60 legislators sitting at the table,” Gov. Sean Parnell (NGP Photo) wrote to four local governments concerned about property tax deals the state could cut with producers.  Municipalities, including the Fairbanks North Star Borough, have raised concerns about agreements the state penned with North Slope producers and TransCanada that could allow the gasline to make payments based on throughput in lieu of traditional property taxes.

By |2016-12-22T22:29:40-09:00March 10th, 2014|Alaska Taxes, Interstate Gas|0 Comments

3-4-14 Palin Predicted Ukraine – Romney Advocated Stand Against Russia

BP today announced its intention to establish a separate business to manage its onshore oil and gas assets in the US Lower 48. See today's Globe & Mail piece on Asian LNG competition for price   Comment: Yesterday we noted that two legislators are planning for a new oil revenue stream should voters adopt an August Primary Ballot proposition to repeal oil tax reform.   That revenue stream will be based on a new policy emphasis on state investment and equity into oil and gas exploration and development projects.  These are the [...]

3-3-14 Democrats Propose More Government Oil Industry Ownership

Peninsula Clarion (Morris News Service/Alaska Journal of Commerce), by Tim Bradner (NGP Photo, at Nikiski LNG Terminal).   Minority Democrats in the Legislature unveiled their vision of an oil tax system should voters this summer roll back the tax structure lawmakers approved last year. .   .   . “There are (state) entities around the world that own a share of their oil industry (through state oil companies) and I have confidence that we have the ability to do this,” said Sen. Bill Wielechowski (NGP Photo). .     .     . “The governor’s giveaway is a [...]

By |2016-03-13T03:52:07-09:00March 3rd, 2014|Alaska Taxes|0 Comments
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