3-29-12

Tomorrow we hope to present more thorough comment on an extraordinary community turn out of citizens in Anchorage, following a similar event in Fairbanks, supporting tax reform.  Governor Sean Parnell (NGP Photo), Governor Tony Knowles, Teamster Barbara Huff Tuckness and representatives of Native and small Alaska businesses united to offer one message to legislators: Don't come home without meaningful tax reform.  We are most disappointed in the uncharacteristically misleading and acidic report on that event appearing in today's Alaska Dispatch and will have more to say about that tomorrow.  -dh  (ADN [...]

By |2016-12-22T22:32:28-09:00March 29th, 2012|Alaska Taxes, Commentary, Federal Obstruction|0 Comments

3-27-12 Amid Alaska-Alberta Oil Tax Debates, Shell’s Pete Slaiby and Louisana’s Gary Chouest Create Advanced Arctic Icebreaker

Fairbanks News Miner by Max Buxton.  As the clock ticks down to the end of the legislative session, lawmakers are quickly giving shape to a proposed natural gas pipeline from Cook Inlet to Fairbanks. Houma Today by Nate Monroe.  In a matter of weeks, the largest and most advanced ship EdisonChouest Offshore has ever constructed will depart for the frigid Alaskan coast where it will service the oil-and-gas giant Shell Oil.  The ship, 360 feet long, took 2 million man hours and two years of construction to complete. Shell awarded [...]

By |2016-03-13T03:51:54-09:00March 27th, 2012|Alaska Taxes|0 Comments

2-26-12

Anchorage Daily Planet by Tom Brennan (NGP Photo).  I know it’s too early to consider the fight lost, but it’s difficult to be optimistic about chances the Legislature will make an intelligent business decision on oil taxes this year - if ever. ADN by Lisa Demer.  House Speaker Mike Chenault's bill to create a natural gas pipeline from Alaska's North Slope to Southcentral is moving through the Legislature even as oil producers talk about moving ahead on a $40 billion project that would make the small line all but irrelevant. [...]

By |2016-12-22T22:32:29-09:00March 26th, 2012|Alaska Taxes|0 Comments

3-23-12

Three Stories in Today's News: Alaska, Canada and North Dakota.  Here's a question for our NGP readers: Which elected and appointed leaders of which jurisdictions seem to be caring most for the sustainability of their economies and the future of their children?   Which seems to be succumbing more to the greedy demands of current constituencies?    -dh NYT by Ann Carrns.  Here is one of the best stories we've seen on the personal side of work within the Williston, N.D. oil shale phenomenon.  See the report of our own [...]

By |2016-12-22T22:32:29-09:00March 23rd, 2012|Alaska Taxes|0 Comments

3-20-12

While we are tethered to our faithful readers this morning via sattelite from a boat near Cozumel, we neverthe less think of you and provide this investment climate update courtesy of Resource Development Council for Alaska.  -dh Yesterday, the Senate Finance Committee heard public testimony on CSSB 192, which made only minor, inconsequential changes to Alaska's current punitive oil tax structure. Of the Alaskans who testified, an overwhelming majority opposed CSSB 192 and voiced their support for meaningful reform to the tax structure that will result in the investment needed to reverse the production decline [...]

By |2016-12-22T22:32:29-09:00March 20th, 2012|Alaska Taxes|0 Comments

3-16-12

Calgary Herald by Dan Healing.  With output of 1,200 barrels of oil equivalent per day and 5,500 boe/d behind pipe, Athabasca Oil Sands Corp. is considering joint venture deals on its light oil and gas assets as well as its oilsands, says its CEO.  On a conference call to discuss year-end results Thurs-day, president and chief executive Sveinung Svarte said the company is committed to using partnerships to develop its assets wherever they are. Check out the Gas Pipeline Federal Coordinator's history of gas pipeline projects Wall Street Journal.  April [...]

By |2016-12-22T22:32:30-09:00March 16th, 2012|Alaska Taxes|0 Comments

3-14-12 Yesterday Prudhoe Bay’s Discovery Day Was Celebrated–Thanks to Energy Diva Deborah Brollini!

Canadian Natural Gas Declines on Lower U.S. Furnace-Fuel Demand--Bloomberg Alaska Dispatch by Ben Anderson.  An amendment to a bill that would have had sweeping effects on the oil and gas industry -- including opening the Arctic National Wildlife Refuge to drilling and given a jumpstart to the stalled Keystone XL pipeline -- was rejected by the Senate Tuesday by a vote of 41-57.  (Note: The Interstate Oil and Gas Compact Commission, IOGCC, has supported reasonable development of ANWR for many years, as in this 2009 resolution: 9-102.  One also notes that Alaska's [...]

By |2016-12-22T22:32:44-09:00March 14th, 2012|Alaska Taxes, Commentary|0 Comments

3-13-12

Scroll Down For Coverage of YESTERDAY'S Gulf States Energy Summit! ADN.  House Majority Leader Alan Austerman says there will be pressure to act on oil taxes this session. ADN by Austin Baird.   Lance Pruitt (NGP Photo) is the author of HB358 which would support national, pro-ANWR advertising. ADN by Becky Bohrer.  An attorney for the Alaska Legislature said Monday that it's entirely possible that bills passed in the House and Senate last year would be considered substantially similar to a ballot initiative that would re-establish a coastal management program in the [...]

By |2016-12-22T22:32:44-09:00March 13th, 2012|Alaska Taxes|0 Comments

3-11-12 – Fairbanks Editor Supports Meaningful Oil Tax Change

Fairbanks News Miner Editorial.  Members of the Alaska Senate who have been balking at a major change in the state’s oil tax system should answer this question: Can they guarantee that their lesser proposal has a greater likelihood of leading to increased oil production than what the governor is proposing? And can they guarantee that the increased production will come in time to prevent the state from facing continual budget deficits?

By |2016-03-13T03:51:12-09:00March 11th, 2012|Alaska Taxes|0 Comments

3-2-12 – Alaska’s Socio-economic Civil War

Canadian Newswire.  Canada's manufacturing sector can build on its strengths and refocus its efforts on high value opportunities arising from development in the energy sector, says Hon.Jim Prentice (NGP Photo), Vice Chairman of CIBC. Earlier this week Alaskan leaders questioned presidential candidate News Gingrich on energy and natural resources issues--and NGP readers were able to call in and listen, courtesy of Consumer Energy Alliance.  President Obama and all Republican candidates have been invited as well.  Tomorrow (SATURDAY), candidate Rick Santorum will participate in CEA's second Alaska Tele-Town Hall and again, NGP readers are [...]

By |2016-12-22T22:32:46-09:00March 2nd, 2012|Alaska Taxes, Commentary|0 Comments

3-1-12 – It’s Our Oil And We are Sovereign, By Golly!

Calgary Herald by REBECCA PENTY AND YADULLAH HUSSAIN.Ottawa can prevent future oil and gas pipeline projects key to Canada's economy from falling victim to regulatory missteps by overhauling the review process, the C.D. Howe Institute said Wednesday.  The complexities identified in assessment of the Mackenzie Valley, Keystone XL and the Northern Gateway pipelines highlight the need for reforms, the public policy think-tank said in a report.  Alaska Dispatch by Amanda Coyne.  In a conference call with Alaskans today, former House Speaker and GOP presidential contender Newt Gingrich promised listeners that if elected, he would dismantle the [...]

By |2016-12-22T22:32:47-09:00March 1st, 2012|Alaska Taxes, Commentary|0 Comments

2-29-12 – Alaskans Talk Personally To Candidates Beginning This Morning!

Consumer Energy Alliance (CEA) has extended invitations to the Republican Presidential candidates and to President Obama to be available via teleconference to speak directly with Alaskans.  CEA announced this morning that the first candidate to accept the invitation is Newt Gingrich.  Below are directions for calling in this morning!     Please join Consumer Energy Alliance - Alaska for  an Alaska Tele-Townhall on Energy & Natural Resource Development with GOP Presidential Candidate Former Speaker Newt Gingrich TODAY, Wednesday, February 29th 9am AK/1pm ET To participate, please call-in at 855-275-6398 No RSVP is required.   Comment: [...]

By |2016-12-22T22:32:47-09:00February 29th, 2012|Alaska Taxes, Commentary|0 Comments

2-24-12. “Never Give In”, We Say As The Week Ends!

  Feds must act on pipeline: Prentice - Vancouver Sun - ... pipeline is to go ahead as planned, former cabinet minister Jim Prentice ... Enbridge's Northern Gateway pipeline and other oil and gas corridors to the ... Comment:  Yesterday Commonwealth North (CWN) released its newest report, "Energy for a Sustainable Alaska: The Rural Conundrum."   The study was chaired by Meera Kohler and Ethan Schutt (NGP Photo.  Other event photos below.) and describes a number of energy production, distribution, fuel transportation, and consumption challenges facing rural Alaska.  Kohler noted that rural residential power generation is currently subsidized via a 'power cost equalization' program designed to [...]

By |2016-12-22T22:32:48-09:00February 24th, 2012|Alaska Taxes, Commentary, Federal Obstruction|0 Comments

1-26-12 It’s All About “Investment Climate” in Alaska and Canada

See How Canadian Natural Resources Minister Joe Oliver Supports Greater Investment See Senator Cathy Giessel's Investment Climate Commentary See Steve Forbes' Alaska Investment Climate Commentary See CEA Energy News Links - Congressman Doc Hastings Says Obama Rhetoric Wrong Alaska Airlines Is Ejecting Passenger Prayer Cards! Alaska Dispatch Commentary Invest in Alaska? Commentary by Alex Gimarc     Some Alaska Legislators are working furiously to counterbalance Governor Sean Parnell’s call for a cut in taxes on oil production from the North Slope.    Earlier this week, Senator Hollis French (NGP Photo) gave a floor speech expressing [...]

By |2016-12-22T22:32:54-09:00January 26th, 2012|Alaska Taxes|0 Comments

1-24-12 – The Alaska Oil & Keystone Debates Are Alive & Well – N.D. Commissioner Headed to FERC

  Politico.  North Dakota Public Service Commissioner Tony Clark (NGP Photo-r) is being nominated for an opening on FERC.  Sen. John Hoeven tells The Associated Press that President Barack Obama will nominate Clark later Monday.  Clark would have to be confirmed by the Senate to take the job. FERC has five members; the commission now has one opening that's reserved for a Republican.  The agency regulates interstate oil and gas pipelines, electric transmission lines and sales of natural gas and wholesale electric power.  Clark's term on the North Dakota commission ends [...]

By |2016-12-22T22:32:54-09:00January 24th, 2012|Alaska Taxes|0 Comments
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