4-8-13 Denali Gas Pipeline Anniversary

In honor of her service and life we provide some of Margaret Thatcher's quotes.  Not included is this one, perhaps the greatest of all: “The problem with socialism is that you eventually run out of other people's money.”  Here is a great story.   -dh Last week, NGP reader, Dawn Patience, reminded us of a milestone that quietly passed Alaska by earlier this year, perhaps lost in the intensity of oil tax reform and intrastate gas supply project debates.   In early 2013, Alaska saw production of the 12 billionth barrel [...]

4-5-13

Here are some new video and audio messages dealing with the investment climate issue; they are posted on the Alaska Support Industry Alliance webpage. Fairbanks News Miner by Matt Buxton.   With legislation backing the Fairbanks natural gas trucking project near the finish line, some lawmakers are asking about the alternatives.  The question came from Rep. Lindsey Holmes (NGP Photo) during a Thursday morning House Finance Committee meeting on legislation that would put $355 million of low-interest loans, bonds, grants and tax credits behind a project to bring North Slope liquefied natural gas and [...]

By |2016-12-22T22:30:53-09:00April 5th, 2013|Alaska Taxes, Intrastate Gas|0 Comments

4-2-13

Today we heard this tax reform 'thank you' commercial on a local radio station, sponsored by the Alaska Support Industry Alliance -- illustrating the many dimensions the controversy covers.  The point about sustainable policy benefiting many generations -- not just this one --  is a cultural value we have stressed for years and we thank the Alliance for its message.  -dh Status of Alaska In-State Gas Pipeline:  The Alaska House of Representatives last night passed legislation enabling the state’s gasline development corporation to continue progressing towards building its Alaska Stand [...]

By |2016-12-22T22:30:54-09:00April 2nd, 2013|Alaska Taxes, Commentary, Intrastate Gas|0 Comments

4-1-13 – Beware Of The April Fools

 Governor Sean Parnell Urges Alaskans To Comment On Tax Reform TODAY! Commentary: Just for Alaskans by  Dave Harbour Normally, our commentary is designed for consumption of Alaskans, Canadians and decision makers in the Lower 48--and our readers in other countries who are interested in how Alaskans and Canadians are confronting Northern energy challenges.   Today, we direct a comment to fellow Alaskans. Most of us know that Alaska's economy hangs on by a thread.  Elected officials talk about billions in various savings accounts in addition to the Alaska Permanent Fund. [...]

By |2016-12-22T22:30:54-09:00April 1st, 2013|Alaska Taxes|0 Comments

3-27-13

Message from Governor Sean Parnell:  Alaskans are one step closer to realizing more economic opportunity through increased oil production.   Last week, the Alaska Senate passed Senate Bill 21, legislation to increase our competitiveness and grow our economy. This is welcome news for Alaskans, especially those who care about the long-term prospects for our state.   Although oil production in Alaska has been declining over the past decade, SB 21 offers an Alaska comeback in oil production. The Senate-passed measure will put us on a path to reclaiming our standing [...]

By |2016-12-22T22:30:55-09:00March 27th, 2013|Alaska Taxes|0 Comments

3-26-13

  Tax Panel Reviews Impact On Coming Generations   By   Mary Barr   The Political Science Association of Alaska and Alaska College Republicans presented a panel last Wednesday (i.e. 3-20-13) at the University of Alaska-Anchorage campus, targeting  the impact of today’s tax policy on future prosperity.   Event Chair, Portia Watson, introduced the event moderator, Dave Harbour, publisher of Northern Gas Pipelines.  He opened the evening with a question of “intergenerational equity”.  Do we want the next generation to have the opportunities we now have, and how can we achieve [...]

By |2016-12-22T22:30:55-09:00March 26th, 2013|Alaska Taxes, Commentary, Reader Comment|0 Comments

3-19-13

Harper Tanker Safety Plan Changes Nothing in Pipeline Debate - Huffington Post Canada.  When Kinder Morgan bought the Trans Mountain pipeline in 2005 there were ...  NGP Alert:  Alaska Tax Forum tomorrow night in Anchorage sponsored by Political Science Association Alaska and Alaska College Republicans: "The Taxes of Our Future".  Please come and support Alaska's/America's future leaders.  Speakers include Dr. Scott Goldsmith (NGP Photo), Dr. Forrest Nabors, Anchorage Chamber of Commerce President Andrew Halcro and Northern Gas Pipelines publisher, Dave Harbour.  (Program Details) From Governor Sean Parnell's Office: * ACTION ALERT * March 19, 2013   [...]

By |2016-12-22T22:30:57-09:00March 19th, 2013|Alaska Taxes|0 Comments

3-15-13

Please Put This Event On Your Calendar If You Will Be In Anchorage Next Wednesday!  (Note: this informative presentation follows a recent oil tax debate sponsored by the Anchorage Chamber of Commerce.  -dh)  “ The Taxes of Our Future”   Wednesday, March 20th . UAA Consortium Library 307 6-8PM   Program Introduction – Dave Harbour   Panel Introduction and Moderator- Andrew Halcro (NGP Photo) Speakers:   Local and State Taxes- Dr. Scott Goldsmith (NGP Photo-R) 1. Income Oil and Gas Productivity 2. Oil and Gas Income 3. Oil and Gas Royalty 4. [...]

By |2016-12-22T22:30:57-09:00March 15th, 2013|Alaska Taxes|0 Comments

3-15-13

Please Put It On Your Calendar If You Will Be In Anchorage Next Wednesday!   “ The Taxes of Our Future”   Wednesday, March 20th . UAA Consortium Library 307 6-8PM   Program Introduction – Dave Harbour   Panel Introduction and moderator- Andrew Halcro (NGP Photo) Speakers:   Local and State Taxes- Dr. Scott Goldsmith (NGP Photo) 1. Income Oil and Gas Productivity 2. Oil and Gas Income 3. Oil and Gas Royalty 4. Oil and Gas Production (ACES)     2The Oil tax Issues – Roger Marks 1. The Oil tax [...]

By |2016-12-22T22:30:57-09:00March 15th, 2013|Alaska Taxes|0 Comments

3-11-13 ALERT * ALERT * ALERT

 TOMORROW: FROM OUR FRIEND, CARL PORTMAN (NGP Photo), AT RESOURCE DEVELOPMENT COUNCIL FOR ALASKA There is one last opportunity in the Senate to testify on the urgent need for oil production tax reform when the Senate Finance Committee takes public comment on Tuesday, March 12 from 4:00 to 6:00 p.m. on the committee substitute for Senate Bill 21. Testimony will be taken at your local Legislative Information Office. Although we had a good turn out before other committees, we need strong support before Senate Finance. It is important to keep the momentum going [...]

By |2016-12-22T22:30:58-09:00March 11th, 2013|Alaska Taxes|0 Comments

2-27-13

Today Shell announced it was suspending its 2013 exploration program.  That slides the possibility of new production from Alaska's OCS forward at least another year and puts new pressure on the Alaska Legislature to enhance the attractiveness of oil investments into existing legacy fields.  From legacy fields, with the correct government policies, new production can come relatively quickly--at least, compared to greenfield exploration in non producing areas of the Arctic OCS.  -dh Do Tax and Regulatory Burdens Affect Investment Decisions? ALASKA DISPATCH STORY.  As Alaska lawmakers grapple with whether to [...]

By |2016-12-22T22:31:14-09:00February 27th, 2013|Alaska Taxes, Commentary, Federal Obstruction|0 Comments

1-26-13

  Yesterday's Great Oil Tax Debate.  Alaska Dispatch Story by Alex DeMarban.   Doug Smith (NGP Photo-R below), president and CEO of oilfield subcontractor Little Red Services, said after the debate he was concerned to see both sides misuse data. But Bill Wielechowski (NGP Photo-L above) seemed to do most of the misusing, by relying excessively on outdated information, Smith said.  ...  Malcolm Roberts (NGP Photo-L below), a member of a group called Backbone that opposes Senate Bill 21, said Halcro never rebutted many of Wielechowski's arguments. Roberts took issue  with a key point offered by [...]

By |2016-12-22T22:31:14-09:00February 26th, 2013|Alaska Taxes|0 Comments

2-25-13 Big Debate Today

  Anchorage Chamber of Commerce:  Andrew Halcro (NGP Photo-L), president of the Anchorage Chamber of Commerce, and Alaska Senator Bill Wielechowski (NGP Photo) will debate oil tax reform at the “Make it Monday” forum today, held at noon on February 25 at the Dena’ina Center.  -dh The Alaska House of Representatives Resources Committee will today consider HB 72, the Oil and Gas Production Tax...and the Senate Resources Committee will consider SB 21, another bill designed to improve Alaska's investment climate.  -dh Calgary Herald.  Cequence Energy Ltd. (TSX:CQE) has agreed to swap a property plus about [...]

By |2016-12-22T22:31:14-09:00February 25th, 2013|Alaska Taxes|0 Comments

2-22-13

Anchorage Chamber of Commerce:  Andrew Halcro (NGP Photo-L), president of the Anchorage Chamber of Commerce, and Alaska Senator Bill Wielechowski (NGP Photo) have agreed to publicly debate oil tax reform at the next “Make it Monday” forum, held at noon on February 25 at the Dena’ina Center. TODAY OCS Governors, led by Alaska Governor Sean Parnell (NGP Photo-below), welcomed the addition of North Carolina Governor  Pat McCrory. Calgary Herald: Alberta Premier Alison Redford says she is heading to Washington this weekend to lobby for the Keystone XL pipeline and she remains confident it will [...]

By |2016-12-22T22:31:15-09:00February 22nd, 2013|Alaska Taxes, You Read It Here First|0 Comments

2-21-13 Reforming Alaska’s Predatory Production Tax

Our friends at Arctic Power have asked our readers to take the time to sign a petition supporting the opening of ANWR's Coastal Plain to Congressionally authorized oil and gas exploration.  We agree!   We also suggest that any American citizen or lawmaker who does not sign this petition cannot be serious about improving Alaska North Slope energy production.  - dh   A reorganization at Talisman Energy has resulted in layoffs for 90 Calgary employees, the company announced yesterday.  The company has been hinting job reductions for months and said in [...]

By |2016-12-22T22:31:15-09:00February 21st, 2013|Alaska Taxes, Commentary|0 Comments
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