8-16-13

See This Week's Mining News, Bakken News, Petroleum News Governor Sean Parnell's (NGP Photo) website features Alaskans from across the state speaking on the effect oil and gas taxes have on the State's investment climate.  Our readers may find those testimonials here.   Calgary Herald by Graham Thomson.  I’m not sure anybody looks forward to the end of summer. But I would hazard a guess that of all those not looking forward to it, nobody is dreading the end of summer more than Energy Minister Ken Hughes. Not even schoolchildren and [...]

By |2016-12-22T22:30:21-09:00August 16th, 2013|Alaska Taxes|0 Comments
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7-31-13

Calgary Herald by Graham Thomson.  ...a new pipeline to pump Alberta bitumen to the West Coast for shipment to Asia is just a matter of time. At least that’s the impression you get reading between the lines in comments made by Alberta Premier Alison Redford and British Columbia Premier Christy Clark Friday afternoon. Alaska and Saudi Arabia Face Similar Challenges Under Vastly Different Conditions by Dave Harbour Our readers know that 90% of Alaska's operating budget flows from the Alaska North Slope (ANS) through the Trans Alaska Pipeline System (TAPS) [...]

By |2016-12-22T22:30:23-09:00July 31st, 2013|Alaska Taxes, Commentary, Federal Obstruction|0 Comments
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7-8-13 – Questions and Answers About Alaska’s Tax Reform Legislation

Fairbanks News Miner by John Coghill (NGP Photo).  Coghill provides answers to questions about oil and gas tax reform legislation and the current attempt by referendum to repeal tax reform.   OUR COMMENTARY: We compliment Senator John Coghill this morning for two reasons: 1) his insight on oil and gas issues, and, 2) his political courage.   First, on the issue.  Sunday's News Miner featured his Opinion piece wherein he provided 'Questions and Answers' about the recent passage of oil and gas tax reform legislation and the current effort to [...]

By |2016-12-22T22:30:26-09:00July 8th, 2013|Alaska Taxes, Arctic Policy|0 Comments
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7-7-13 ANS Production Drops Below 500k Barrels/Day As Cook Inlet Production Rises

Petroleum News by Kristen Nelson.  Alaska North Slope crude oil production dropped below 500,000 barrels per day in June, averaging 497,582 bpd, down 6.95 percent, from a May average of 534,741 bpd, while much smaller Cook Inlet production volumes saw a 5.4 percent increase to 13,571 bpd in May over April. Note: Legislators have given Cook Inlet Producers favorable tax incentives for several years--resulting in more exploration and infrastructure investment.  North Slope producers have been given punishing taxes until this Spring when the legislature enacted tax reform.  However, that reform [...]

By |2016-03-13T03:55:05-09:00July 7th, 2013|Alaska Taxes, Commentary|0 Comments
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6-27-13 – Pay Attention to RDC

  Alaska Dispatch by Alex DeMarban. Unemployment in Anchorage has dropped to one of the lowest levels in years, thanks in large part to a "mini-boom" in Cook Inlet and steady growth in other key areas, according to an official with the Anchorage Economic Development Corp (AEDC).   Unemployment in Anchorage fell in May to the "crazy low" figure of 4.7 percent -- the lowest in five years, according to Bill Popp (NGP Photo), the group's president.   ...   "We are the envy of much of the nation," Popp [...]

By |2016-12-22T22:30:41-09:00June 27th, 2013|Alaska Taxes, Commentary, Federal Obstruction, You Read It Here First|0 Comments
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6-10-13

Alaska Gasline Development Corporation: Governor seeks qualified individuals to serve on the inaugural governing board of the Alaska Gasline Development Corporation, a state corporation tasked by the Alaska Legislature to advance a large-scale natural gas pipeline project.  (Our earlier lead.) This morning's headlines are for those who believe Alaska can have the highest oil taxes and still remain competitive in the world market.  Wouldn't the evidence below be enough to prevent any critical thinker from signing a petition to repeal Alaskan oil tax reform?  -dh 1.  EIA estimates now that there [...]

By |2016-03-13T03:54:14-09:00June 10th, 2013|Alaska Taxes, Intrastate Gas, You Read It Here First|0 Comments
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6-3-13

Commentary:  In an Anchorage Daily News Op-Ed this last weekend, columnist Tim Bradner (NGP Photo) provided a current shapshot of gas pipeline projects.   Clearly, the gasline momentum today flows from government investment and incentive whereas the projects of the past were privately rooted.   He concluded the column with a concern as to what would happen were Cook Inlet explorers to discover significant new gas reserves that could be less costly for consumers than LNG hauled down from the Alaska North Slope (ANS), or gas molecules transported nearly 800 [...]

By |2016-12-22T22:30:43-09:00June 3rd, 2013|Alaska Taxes, Commentary, Federal Obstruction|0 Comments
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5-22-13 Notes From the Road (Quito)

Support Tax Reform Law!   From our friends at the Resource Development Council for Alaska (RDC).   "...there is currently a signature gathering referendum effort taking place to repeal SB21, the oil tax reform bill signed in to law by Governor Parnell.   In an effort to give the thoroughly vetted new tax structure time to work, the Alaska Support Industry Alliance is using its independent expenditure group, "We Are Alaska," to run a campaign educating Alaskans on what SB21 has accomplished and explaining why signing the referendum could be [...]

By |2016-12-22T22:30:45-09:00May 22nd, 2013|Alaska Taxes, Commentary, Federal Obstruction, Notes From the Road|0 Comments
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4-22-13 – Notes From The Shangri-La In Amazing Shanghai!

Today's dispatch comes via Shangri-La Hotel in Shanghai, China.  -dh From NGP Reader, Pedro van Meurs (NGP Photo).  This is a reminder that my well known course, World Fiscal Systems for Oil and Gas, is scheduled to take place in Rio de Janeiro during the week June 3 – 7, 2013.  The course will include the spectacular results of my survey World Rating of Oil and Gas Terms, 2011-2012, which covers 156 countries in the world. Also there will be some special emphasis on Brazil. I would be grateful if you [...]

By |2016-12-22T22:30:49-09:00April 23rd, 2013|Alaska Taxes, Notes From the Road|0 Comments
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4-19-13 Shooting Oneself In the Foot

CBC News.  China's largest bank will be helping to finance the proposed Kitimat refinery, which would process oil from the Alberta oilsands in B.C., instead of the raw bitumen being shipped overseas.  B.C. media mogul David Black said he has signed a memorandum of understanding with the Industrial and Commercial Bank of China (ICBC) for the proposed refinery that is estimated to cost $25 billion. Shooting Oneself In the Foot Commentary by Dave Harbour Certain left leaning Alaskans are intent on shooting Alaska's economy in the foot.   They are promoting [...]

By |2016-12-22T22:30:49-09:00April 19th, 2013|Alaska Taxes, Commentary|0 Comments
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4-18-13 COP To Increase Production

Fairbanks News Miner/AP.  Just days after the Alaska Legislature lowered taxes on the oil industry, ConocoPhillips announced plans to boost investment on North Slope fields.  ConocoPhillips is planning to bring an additional rig to the Kuparuk field this spring and working with co-owners to fund a new drill site on the Kuparuk River field, the company said in a Wednesday announcement. According to Energy & Natural Resources communications staff, Keith Chu,  Energy and Natural Resources Committee Chairman Ron Wyden (NGP Photo) today announced that the committee voted to favorably report the nomination [...]

By |2016-12-22T22:30:50-09:00April 18th, 2013|Alaska Taxes, You Read It Here First|0 Comments
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4-16-13 Is Congress Fiddling While Its Authority Is Being Stolen?

 Is Congress Fiddling As Obama Usurps Its Authority? WASHINGTON, D.C. – Today, the Subcommittee on Public Lands and Environmental Regulation held a legislative hearing on nine bills to prevent the President from unilaterally designating National Monuments under the century-old Antiquities Act and to ensure greater public participation in the process.  Commentary by   Dave Harbour   An Obama Executive Order created a new government bureaucracy that, like a leech, is siphoning strength from other federal agencies--without Congressional authority.   Here Are Some Useful National Ocean Policy Coalition Quick Links.  The [...]

By |2016-12-22T22:30:50-09:00April 16th, 2013|Alaska Taxes, Federal Obstruction|0 Comments
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4-15-13

From Governor Parnell's Office.  Following the close of the first session of the 28th Alaska Legislature, Governor Sean Parnell (NGP Photo) today thanked legislators and highlighted the successful passage of many of his key priorities to improve Alaska. Reforming Alaska’s oil tax structure, providing cheaper energy to Interior and rural communities, reducing payroll tax increases, exercising fiscal restraint, and protecting Alaskan families led the governor’s agenda this session. Alaska’s Oil Production Comeback   "After thoughtful analysis and debate, legislators passed Senate Bill 21", a statement from his office said today, [...]

By |2016-12-22T22:30:50-09:00April 16th, 2013|AGDC, AGIA, Alaska Taxes, Intrastate Gas|0 Comments
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4-12-13

 Calgary Herald by James Wood.  Prime Minister Stephen Harper said Thursday that Ottawa and Alberta are taking a “Team Canada” approach when it comes to getting the controversial Keystone XL pipeline approved by the United States government.  And he offered some praise for Premier Alison Redford, who has returned from a two-day trip to Washington D.C. where she touted the environmental record of Alberta and Canada — along with the merits of Keystone, a cross-border pipeline proposed by Calgary-based TransCanada which is intended to ship oil from northern Alberta to [...]

By |2016-12-22T22:30:51-09:00April 12th, 2013|AGDC, Alaska Taxes, Intrastate Gas|0 Comments
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4-9-13

   The Make Alaska Competitive Coalition this morning sent this email message to contacts around Alaska: Alaskans will have their last opportunity to testify on how to fix ACES in front of the House Finance Committee when it takes public comment on SB 21, the Governor’s proposed oil tax reform bill. 5 - 8 p.m. Tuesday, April 9 Testimony will be taken statewide in person at your local Legislative Information Office. Click here for a list of Legislative Information Offices. Comments should be limited to two minutes. The Resource Development Council for [...]

By |2016-12-22T22:30:52-09:00April 9th, 2013|Alaska Taxes|0 Comments
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