2-17-13
Fairbanks News Miner by Dermot Cole. The discussion of the $1 billion per year Alaska oil tax credit system suffers from an incomplete look at the statistics.
2-8-13
Calgary Herald/Vancouver Sun by Gordon Hamilton. The Canadian oil and gas industry is asking Ottawa for subsidies that could be worth $2 billion in tax savings to encourage the development of liquefied natural gas plants in British Columbia. Next Week's Alaska Senate Resources Committee Hearings Here! Executive Director, Jim Egan (NGP Photo), tells us that today's Commonwealth North meeting at noon in Anchorage: 2525 C St., will feature Apache Alaska Corp General Manager, John Hendrix. Fairbanks News Miner/AP. A Senate panel said Thursday that Alaska's oil tax system likely helped [...]
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1-30-13 Helping our readers access the ‘whole story’ as they consider decisions….
Calgary Herald by Don Braid. When Energy Minister Ken Hughes talks about the oilsands Thursday in Vancouver, he’ll have a message for our coastal cousins: “Not all roads lead through British Columbia.” Translation: If B.C. won’t transport bitumen, Alberta will find somebody who’s glad to do it. ***** Hughes says he’s interested in a plan to ship oil across Yukon to the Alaskan port at Valdez. He may have an announcement on that matter on Thursday. “The pipeline there is only 50 per cent full and declining in volume,” he [...]
1-28-03 – Governor Calls On Alaskans To Help Improve the Investment Climate!
January 28, 2013, SEE THE LINK HERE Dear Alaskans, This week in Juneau, Alaskans can speak up about the economic consequences of declining oil production. Alaskans from all corners of the state have the chance to testify before the Senate TAPS Throughput Committee. Here’s what we know: Alaskans’ oil drives the economic engine of our state. Oil exploration and development fuels our private sector economy. And, oil revenue provides nearly 90 percent of Alaska’s unrestricted government funds. That money helps fund our schools, energy and infrastructure projects, ferries, and health clinics. [...]
1-26-13 Does It Pass The Smell/Smile Test?
"Does It Pass The Smell/Smile Test"? Commentary by Dave Harbour Last week the Alaska House of Representatives minority released a study on the fiscal effects of oil tax reform. The Fairbanks News Miner reported that passing Governor Sean Parnell's (NGP Photo) proposed reform, intended to increase investment and oil production in the state, would show, "an alarming loss in revenue." Evidence from many sources makes clear to anyone with eyes to see and ears to hear that absent reform, Alaskan oil investment will continue to diminish. The resulting lower throughput [...]
1-17-13 Part IV Of The Alliance Report
Fairbanks News Miner/AP. Gov. Sean Parnell (NGP Photo) on Wednesday set new benchmarks for progress on a major natural gas pipeline project in Alaska and urged lawmakers to act this year on legislation to change the state's oil tax structure. In his fourth State of the State address, Parnell told a joint session of the Legislature that he wants the companies involved in advancing a long-hoped-for gas line project to settle on a concept by Feb. 15. (See text: Governor's State-of-the-State speech.) ... Max Buxton story. When it came to [...]
1-16-13 Part III Of The Alliance Report And Salazar Resignation
Point of personal privilege: We are grieved to note the passing over a month ago of our longtime friend, musician, artist, businessman, Armond "Army" Kirschbaum (NGP Photo), 89. Army passed away on December 4, 2012 in Anchorage, AK. Friends joined in a celebration of his life yesterday at the Blue-Holloman Gallery in Anchorage. See our stories yesterday regarding Alaska's relationship with Salazar's Interior Department and former EPA Administrator Whitman's counsel regarding "cooperation". Salazar to Resign....Fox News (3 a.m.) Interior Secretary Ken Salazar (NGP Photo) will step down from his [...]
1-15-13 – Part II Of The Alliance Report And Much Ado About Gas Pipelines
Peninsula Clarion by Brian Smith. Local lawmakers will pitch several measures addressing issues like an in-state gas line, corporate taxes, interstate mining lobbying and governmental audits when the first session of the 28th Alaska State Legislature gavels in Tuesday. Perhaps the biggest piece of legislation a local legislator has tagged his or her name to is House Bill 4, the newest incarnation of last year’s effort from House Speaker Mike Chenault (NGP Photo-L) and Rep. Mike Hawker (NGP Photo) to see a 24-inch, 500 mcf per day gasline built from the [...]
1-14-13 Alliance’s 30th Anniversary Was “Like Déjà Vu All Over Again.”
You likely read it here first, 3:01 am: U.S. Sen. Lisa Murkowski (NGP Photo), today announced personnel changes on her Senate Energy and Natural Resources Committee staff. McKie Campbell (NGP Photo) will be departing as the committee’s staff director on Jan. 25. Karen Billups, currently the committee’s chief counsel, will be promoted to staff director. Pat McCormick (NGP Photo-below, Alliance conference), currently committee special counsel, will be promoted to chief counsel. -dh Fairbanks News Miner. As part of Gov. Sean Parnell's plan to help get a North Slope gas plant built, [...]
1-13-13
Fairbanks Daily News Miner. Oil taxes once again figure to be the dominant issue facing lawmakers as they begin their work in Juneau on Tuesday, though issues like education funding, energy and social concerns also are expected to be raised. Gov. Sean Parnell, who failed in attempts to get an oil tax-cut passed during the past two years, plans to try again this session. This time, the Republican governor will have Republican majorities in both the House and Senate.
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1-4-13 Alaska’s Budget Policy Is Unsustainable But Fixable
From Ziff Energy: North American gas resource has the capability to deliver over 90Bcf/d by 2020. Western Canada will provide 15% over which the Montney Tight Gas region is a third. While Western Canada full cycle costs are slowly being ground down to $5.15/Mcf in 2011 from a high of $8.70/Mcf in 2007, the economic uplift of LNG is boosting the net gas price for the producer. Alaska's State Budget: The Good News and the Bad News Commentary by Dave Harbour Yesterday, the University of Alaska's Institute of Social [...]
12-6-12
New Alaska Energy Job (We believe the new incumbent will be capable of unwraping a Gordian Knot, have the grace of Walter Cronkite, the determination of Clint Eastwood, the wisdom of Peter Drucker, the inventiveness of MacGyver and possibly the simple decisiveness of that great warrier, Alexander. Time permitting, we'll explain later for those who do not fully grasp the multiple energy enigmas awaiting this new executive. Greeting him/her will be the challenges of gas supply deficiency for power generation, high voltage transmission infrastructure deficiency, constituent demands for energy subsidies from rural [...]
11-29-12 Alaska Oil Tax Reform
Huffington Post Canada/CP. Joe Oliver pressed a room of business people in Vancouver on Wednesday to recognize their companies must play a key role in convincing the public their projects are advantageous not just to them, but to everyone. He said future development of resources relies on public confidence, so business must make its case using messaging that is believable. Decision Makers Should Listen to Keithley and Marks Commentary by Dave Harbour Brad Keithley (NGP Photo-L) recently described in his blog, five recommended characteristics of oil tax reform. We'll focus on the [...]
11-13-12 – “Alaska Under Siege”
"ALASKA UNDER SIEGE" Video Production (View This Classic Three Part Series Below) by Dan Fagan Our Commentary. Dan Fagan's (NGP Photo) world class video documentary should be required viewing for every Alaska citizen, member of Congress, every federal official dealing with Alaska energy and natural resource issues and our Canadian readers desiring to better understand their westerly, Northern cousin. Part one of the series introduces the concept of federal overreaching jurisdiction in Alaska, the application of the federal ‘iron fist’ and how it is successfully clouding the potential, bright future of Alaska (and [...]
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11-2-12 – Alaska Economist Publishes Trans Alaska Pipeline Property Tax Analysis: “Double Taxation”
Calgary Herald by Kelly Cryderman. The public is still in the dark when it comes to the progress made and dollars spent on Alberta’s homegrown strategy to curb greenhouse gas emissions.... Alaska is engaging in double taxation of the Trans Alaska Pipeline (TAPS) via a property tax that causes assets to be depreciated more than once. In an analysis now appearing in the Journal of Legal Issues and Cases in Business, well known Alaska Economist Roger Marks (NGP Photo) noted that the current TAPS property tax burden results from a 2005 [...]