2-25-14 “Alaska, where a deal is a deal?”

Today, we learned that the Board of Directors of Bristol Bay Native Corporation has urged shareholders to support Alaska's tax reform bill, SB21 and vote against repeal in the August primary election.  (Website).  -dh Globe & Mail.  Spanish oil major Repsol SA says its board of directors has approved a definitive $5-billion (U.S.) settlement from Argentina.  Repsol is a new Alaska North Slope company which, after the Argentina adventure, are seeking a more productive experience in the far North.  As we wrote in October, the jury is still out on Repsol's [...]

By |2016-12-22T22:29:41-09:00February 25th, 2014|Alaska Taxes, Commentary|0 Comments
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2-21-14 Canada Pressures Obama On Keystone; Murkowski Pressures For Arctic Ambassador

Lindsay Williams alerts us that Alaska Senate Resources Committee Chairman Cathy Giessel (NGP Photo) will hold a hearing Monday morning from 8-8:50 a.m. on SB 138 Gas Pipeline, AGDC, Oil & Gas Production Tax. Globe & Mail.  ​Prime Minister Stephen Harper was again rebuffed in his bid to press U.S. President Barack Obama to approve the controversial Keystone XL pipeline when he raised the issue during a North American leaders’ summit in Toluca, Mexico.  ***   Globe & Mail.   Tracts of land that had been set aside for reindeer grazing [...]

By |2016-12-22T22:29:42-09:00February 21st, 2014|Alaska Taxes, Federal Obstruction|0 Comments
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2-20-14 Bob Berto Oil Tax Reform Commentary

The Institute of Social and Economic Research (ISER) recently released its FY 2015 update estimating how much Alaska’s state government can afford to spend from the unrestricted General Fund (UGF) in the coming fiscal year. In this year’s report, author Scott Goldsmith (NGP Photo) estimates that the state can afford to spend about $5 billion from the UGF in FY15. Guest Commentary On Oil Tax Reform by Bob Berto Alaska will sit at a critical crossroads when it is time to vote in this year’s primary election on the question [...]

By |2016-12-22T22:29:42-09:00February 20th, 2014|Alaska Taxes, Reader Comment|0 Comments
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2-14-14

What: Alaska Miners Association 2014 Biennial Conference  When:  April 7—13, 2014 Where: Carlson Center: 2010 2nd Ave.  in Fairbanks, Alaska.  About: The event will feature a multitude of lectures and workshops from industry experts; field trips to the Pogo and Ft Knox Mines; and the opportunity to network with individuals involved with all aspects of Alaska’s mining industry. How: Register at www.alaskaminers.org, or by contacting Alicia Amberg: e-mail alicia@alaskaminers.org; tel: 907-563-9229   This morning, the Alaskanomics Blog posted and distributed (here) our February 10 commentary: "Has Alaska Become A Place Where A Deal Is A [...]

By |2016-12-22T22:29:42-09:00February 14th, 2014|Alaska Taxes, Commentary, Reader Comment|0 Comments
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2-13-14 Jim Prentice Looks Beyond Obama For Energy Issue Coordination – Mystrom Comments On Alaska Oil Tax Reform

Canadian Press by Mike Blanchfield.  It's high time Canada started looking beyond the Obama era if it wants to push economic integration with the United States to a new level, says former Conservative cabinet minister Jim Prentice (NGP Photo).    ...   New gas discoveries in both countries have transformed North America's economic landscape, said Prentice, who urged the federal government to set its sights on 2017 when Barack Obama's successor arrives in the White House. Commentary.  "Tis the season!"  Yes, a legislative session in an election year tells us it's [...]

By |2016-12-22T22:29:42-09:00February 13th, 2014|Alaska Taxes, Commentary, Reader Comment|0 Comments
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2-11-14 – Senator Murkowski Gives NARUC Policy Speech TODAY

For our Canadian readers: Want to become a temporary member of the National Energy Board in Calgary?  Knowing several of the Members and the Board's mission, we can say it would be both a high honor and experience of a lifetime to serve!  -dh This morning, Keith Kohl wrote a column for Energy and Capital revealing that the Lower 48 may be looking more closely at Alaska.  He said, in part, "We've become a nation of spoiled children when it comes to energy.  This is particularly true for those of us [...]

By |2016-12-22T22:29:49-09:00February 11th, 2014|Alaska Taxes|0 Comments
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2-10-14 Has Alaska Become A Place Where “A Deal Is A Deal”?

Part I: Has Alaska Become A Place Where A Deal Is A Deal?   (Part II, Part III) In August, we'll find out Commentary by Dave Harbour   Today's Anchorage Daily News contains a 'news' article describing how Alaskan oil companies are "pouring" millions of dollars into an effort to stop repeal of the State's oil tax reform law. Citizens should be applauding the companies for upholding a law approved less than a year ago by Alaska's Governor and a majority of the elected representatives of the people.  A number of groups representing [...]

By |2016-12-22T22:29:50-09:00February 10th, 2014|Alaska Taxes, Commentary|0 Comments
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2-7-14 Murkowski Featured on Fox News

Commentary: Yesterday, Alaska's Deputy Commissioner of Revenue, Bruce Tangeman (NGP Photo), provided updates on the, "More Alaska Production Act & Gasline Heads of Agreement".  Here is the video and a link to the presentation .pdf.  --  In a similar vein, yesterday we were queried by a Lower 48 oil and gas publication on challenges we perceive Governor Parnell faces.  See our response, below.  See EIA Comment.  -dh Juneau Empire Op-Ed by Rep. Eric Feige (NGP Photo).  As Sen. Mark Begich and Rep. Andy Josephson have recently opined about the Pebble Mine, [...]

By |2016-12-22T22:29:50-09:00February 7th, 2014|Alaska Taxes|0 Comments
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1-21-14 Keep Alaska Competitive

We consider this matter of not repealing Alaska's oil tax reform legislation so important, that we reprint the following email message, sent this morning.  -dh Keep Alaska Competitive - Vote No on 1 January 21, 2014 Thank goodness we passed oil tax reform New law helps lower shortfall Alaska’s new oil tax law is already working for Alaska. Our budget deficit would be even larger had the new law not passed. Thanks to the loss of 200,000 barrels of production per day under the old tax policy called ACES, Alaska now [...]

By |2016-12-22T22:29:51-09:00January 21st, 2014|Alaska Taxes|0 Comments
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1-16-14

  The Star, by John Spears.  If Canada fails to develop its oilsands now — and fails to build the pipelines to move it to market — the opportunity could vanish for decades, two industry executives warned Wednesday.  (Note: we continue to observe here that, from a gas marketing perspective, Alaska is in the same boat!  -dh) “Asia will figure out other sources to get supply from if they can’t get it from Canada,” Cenovus chief executive Brian Ferguson told a meeting of the Canadian Club. Cenovus is a major [...]

By |2016-12-22T22:29:51-09:00January 16th, 2014|Alaska Taxes|0 Comments
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1-14-14 Meet Alaska Part II

Meet Alaska Part II (Scroll Down For Part I.  Remember that we wish our archives to maintain the highest degree of accuracy.  Accordingly, we solicit reader responses: additions, corrections to anything included herein.) by Dave Harbour THIS MORNING IN WASHINGTON: You Read It Here First! U.S. Sen. Lisa Murkowski (NGP Photo) today sent a letter to President Obama urging him to lift the prohibition on exporting crude oil produced in the United States. Doing so, Murkowski wrote, will allow American producers to access global markets, which will boost production, protect jobs, [...]

By |2016-12-22T22:29:51-09:00January 14th, 2014|AGDC, AGIA, Alaska Taxes, Interstate Gas, Intrastate Gas, You Read It Here First|0 Comments
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1-13-14 Alliance Is Forum For Energy – Government Communications

Governor's Announcement Underlines The Importance Of The Alliance's "Meet Alaska" and Other Energy Conferences Part I by Dave Harbour ADN by Governor Sean Parnell (NGP Photo).   For the first time in Alaska's history, we have the framework in place to build the Alaska liquefied natural gas (LNG) project on Alaska's terms and in Alaskans' interests. We have the necessary parties to make the Alaska LNG project go: three producers, a pre-eminent Arctic pipeline builder, an entity that will carry Alaskans' interests (Alaska Gasline Development Corp.) and state agencies responsible for royalties [...]

By |2016-12-22T22:29:51-09:00January 13th, 2014|AGIA, Alaska Taxes, Interstate Gas, Intrastate Gas|0 Comments
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1-12-14

ADN By Lisa Demer.  Gov. Sean Parnell (NGP Photo) on Friday announced that he was prepared to abandon the Palin-era natural gas pipeline law and set the state on a new path as an investor and partner in a long-dreamed-about natural gas project from the North Slope.  (We'll have more report and photos for our readers on Monday.  -dh)  

By |2016-03-13T03:41:25-09:00January 12th, 2014|AGDC, AGIA, Alaska Taxes, Interstate Gas, Intrastate Gas|0 Comments
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1-11-14

Juneau Empire.   Gov. Sean Parnell (NGP Photo) on Friday announced a new way forward on a long-hoped-for natural gas pipeline that includes scrapping the terms of a 2007 law he says no longer works well for the situation. (We'll have more news links, our own report and commentary for readers on Monday.  -dh)  

By |2016-03-13T03:40:49-09:00January 11th, 2014|AGIA, Alaska Taxes, Interstate Gas, Intrastate Gas|0 Comments
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