10-23-17 “Beware the Greeks (i.e. or Russians or Chinese) bearing gifts (i.e. Trojan Horses)!

Is any citizen uncomfortable with these headlines?  Good.  There is reason for concern! Governor Pitches Alaska Natural Gas to Chinese Sovereign Wealth Fund - Chinese President Makes Pit Stop in Alaska on Return to China - Alaska expects stronger engagement with China on gas ... - YouTube - Alaska Natural Gas International Deliveries to China (Million Cubic Feet) “Beware the Greeks (i.e. or Russians or Chinese) bearing gifts (i.e. Trojan Horses)!" Observations by Dave Harbour Alaska-Ecuador Flag Pin Rafael Correa, courtesy, Wikipedia Now look what happened to Ecuador under socialist [...]

10-19-17 One Great Alaska Gas Boondoggle – WHY WE ARE SO PROUD OF EPA TODAY!

TODAY WE ARE VERY PROUD OF THE EPA AND HERE'S WHY! And Today ... ...we draw reader attention to the enormous waste of money called the Alaska LNG Project. Tomorrow ... Alaska Governor Bill Walker. Northern Gas Pipelines photo by Dave Harbour ...we will draw attention to the enormous waste and foolish decision making accompanying the subsidized, so-called Interior Energy Project: a misguided and uneconomic effort to provide 'affordable' gas to the Fairbanks area.  What do the two projects have in common: Alaska Governor Bill Walker, their biggest advocate! [...]

10-13-17 Unhappy Case Histories: Canadians and Americans Can Learn From Each Other

Representative Rob Bishop, courtesy Civil Services. Yesterday, President Donald Trump announced the nomination of Kathleen Hartnett White to chair the Council on Environmental Quality (CEQ). Chairman Rob Bishop released the following statement: “Kathleen Hartnett White is a great choice to help the administration realign priorities at CEQ. Over the past eight years, this executive office has attempted to use the National Environmental Policy Act as a tool to stonewall any project with a federal nexus. I look forward to working with her on a long overdue streamlining of [...]

10-12-17 Your Northern Energy Update

Warning: Alaska treads troubled economic waters in the middle of a fiscal storm.  Politicians are making the financial crisis worse by creating state subsidies and ratepayer risks.  The story below again reminds us of the Administration's payoff to Interior Alaska supporters via a subsidized Fairbanks gas utility (i.e. when South Central's Enstar customers paid for their own).   Not to mention the otherwise uneconomic Fire Island wind generation project and an infeasible Alaska LNG\pipeline scheme.   Note how two local politicians in the story below are discussing a strategy for squeezing [...]

10-6-17 Friday’s Much Ado About Energy … And Politics!

The Energy World Under President Trump For the energy scholars among us, this Reuters article has it all: from oil & gas to coal, Paris climate change accord, and alternative energy.  While we respect the research and statistics, we could call into question some of the journalism that leans leftward.  With that caveat, it is a piece worth maintaining in our archives and a ready reference for those of you who will be giving speeches in the near future.  We say, "near future" because the energy landscape is constantly [...]

10-5-17

Thought of the day: "Alaska's government-sponsored LNG project need not contend (directly) with Panama Canal issues.  But Alaska faces similar project risks.  Do Alaskan citizens want their government's 'go it alone LNG project' to be subject to enormous project risks?  Do Alaskans want, as their government LNG project proposes, to commit 25% cash/royalty gas equity to a risky, $40-60 billion venture?  Is the risk worth the reward?  Do citizens even know how much the reward will be?"  -dh Gulf of Mexico LNG Shippers Have a $45000-a-Day Problem, Oil & Gas [...]

11-4-17 The importance of commenting

Dear Friends: After nearly a week on a special assignment I now come up for air with a message we often forget. The message is, "Don't forget to offer public comment whether you be Alaskan, Canadian or Lower 48 citizen concerned about national security, prosperity and the Left's focus on socializing North America." With that gentle but firm reminder in place, we heed this message (below) from our friends at the Resource Development Council for Alaska. Alaskans should provide comment or testify at tonight's hearing.  Why?  [...]

9-18-17 ANWR becomes ‘real’ again!

Trump Administration Moves to Open Arctic Refuge to Drilling Studies NEW YORK TIMES, BY LISA FRIEDMAN.  An Interior Department memo has proposed lifting restrictions on seismic surveys in the Arctic National Wildlife Refuge, which may open it to drilling. The document proposes ending a restriction that had limited exploratory drilling to the period from Oct. 1, 1984, to May 31, 1986. It also directs the agency to provide an environmental assessment and a proposed rule allowing for new exploration plans. The document, a copy of which was obtained by The [...]

By | 2017-09-19T04:32:56+00:00 September 18th, 2017|Alaska's Fiscal Crisis, Alaskanomics, ANWR, Arctic Policy|0 Comments

9-8-17 Alaska’s Government Owned LNG Project: Now Is Not The Time (Nor will it ever be for a bureaucrat-directed, politically risky socialist pipeline)

Mike Navarre. Northern Gas Pipelines Photo by Dave Harbour COMMENTARY: RESPECTING THE KENAI PENINSULA BOROUGH Larry Persily, former federal coordinator of the Alaska gas line projects office, currently serves as Chief of Staff to Kenai Peninsula Borough Mayor Mike Navarre. We have always respected both of these individuals. No one has more to gain than they do from a successful Alaska LNG project that is currently designed to terminate in their Borough.  The employment, tax and general economic benefits of such a project would be enormous. But [...]

9-1-17 Governor Walker of Alaska Makes Confusing/Damaging Energy Decisions

Is Alaska's Governor pro-development...but only as long as his state government calls the shots and does the developing?   (Below we find the Governor's confusingly supportive actions.  In the right column, we find more substantive actions contributing to a loss of investor interest and a more dangerous economic climate.)  -dh Alaska Governor Bill Walker. Northern Gas Pipelines Photo by Dave Harbour Our commentary: Below, we have the appearance of a governor supporting federal energy access programs.  But then you notice such minor expressions of support for natural [...]

8-31-17 More On President’s Monument Review

Crises in Texas & Alaska (Please scroll down to PLF release below) Ryan Zinke, U.S. Department of Interior Secretary. Northern Gas Pipelines photo by Dave Harbour Commentary:  We revere the work of Pacific Legal Foundation to protect our Nation's freedoms.  We particularly appreciate its efforts to protect the vulnerable freedoms of individual American families, small companies and the energy industries. The President and his Interior Secretary Ryan Zinke have undertaken the noble task of reviewing unilateral land access and land use blockades imposed by prior administrations as [...]

8-29-17 Guest Commentary On “The Opportunity Costs of the Alaska Permanent Fund Dividend”

This article analyzing the trade-offs involved with the Alaska Permanent Fund Dividend was published in the Journal of Economics and Public Finance last week. The Opportunity Costs of the Alaska Permanent Fund Dividend by Roger Marks1* 1 Principal, Roger Marks Economics, Anchorage, Alaska * Roger Marks, E-mail: rmarks@rmeconomics.com Roger Marks, Senior Oil & Gas Economist. Northern Gas Pipelines file photo by Dave Harbou Abstract The Alaska Permanent Fund was established by the State of Alaska in 1976 to save a portion of windfall revenues resulting from the [...]

8-21-17 Alaska LNG Project Subsists On Subsidies

Alaska's Government Gas Pipeline/LNG Project Still Treads Water We fear government owned/subsidized projects -- even wasteful or uneconomic ones -- produce support industry crony capitalists who become dependent on the client and supportive of socialist government benefactors and candidates for public office.  A misplaced fear?  You be the judge. by Dave Harbour In spite of low prices and unprecedented competition in the gas/LNG industry, Alaska's government subsidized North Slope gas monetization project continues to tread water, shall we say, "gasping for air". Alaska Governor Bill Walker. Northern Gas Pipelines [...]

7-20-17 TODAY IN CONGRESS. MONDAY TAPS. A WORKABLE ALASKA GTL SCHEME?

Murkowski Welcomes Nomination of Joe Balash for Key Role at Interior Members Discuss Bills to Bring Much Needed Reforms to the Endangered Species Act Varcoe: New BC energy minister faced with rekindling Canada's bold LNG dream Prospects For Exporting Alaska LNG?  Reference: U.S. LNG exporters could lose money for years, analysts say, Price competition holding back Canada’s LNG export hopes, Exxon drops plans to develop 46 tcf gas field offshore Indonesia (Links from Larry Persily) Is Gas To Liquids In Alaska's Future (Scroll down)? TODAY: HOUSE COMMITTEE MOVES TO IMPROVE MINING [...]

7-19-17 What Do Alaska & Ecuador Have In Common … Besides Our Vacation Home In Cuenca, High In The Andes?

Alaska Oil Production = Ecuador's (+/-) Ecuador, Courtesy: BBC Alaska Petroleum, courtesy USGS Note that while Alaska was once the largest US oil producing state at over 2 million barrels/day, its Trans Alaska Pipeline System  (TAPS) is currently 3/4 empty.  Ecuador, a small OPEC producer taps from its reserves about the same as Alaska now produces, a little over 500k barrels/day. This WALL STREET JOURNAL story attracted the attention of our Mid-Atlantic energy analyst friend in his commentary below, which should interest our US and Canadian [...]