6-2-16 Will free market compromisers become free market defenders … or not?

Sowell: Socialism for the uninformed Added by Thomas Sowell on June 2, 2016.  Saved under News & Commentary By Thomas Sowell Socialism sounds great. It has always sounded great. And it will probably always continue to sound great. It is only when you go beyond rhetoric, and start looking at hard facts, that socialism turns out to be a big disappointment, if not a disaster.  More... To Elected Officials In Times Of Shortage, Increasing Taxes On The Few Is Easier Than Cutting Benefits Of The Many Commentary [...]

5-26-16 Oil Prices Have Been Inching Up: Should Alaska & Alberta Rejoice?

Read today's Ak-Headlamp for the latest on Alaska Gasline Development Corporation management waste; no fiscal crisis solution as legislative spending continues; and, a promising Alaska North Slope shale discovery  -dh Crude Oil Price Commentary by Dave Harbour Our Mid Atlantic energy analyst today points out to us that -- in just comparing crude oil prices to U.S. stock prices -- black gold could be headed a third or more higher.  (Scroll down for his analysis) Rejoice!  Maybe lawmakers won't have to cut government spending programs after all! "On the other hand", as my old, [...]

5-23-16 By Increments We Can Lose A Nation’s Liberty

Energy Is The Very Foundation Of North American Freedom Eco-socialist Strategists Know That The Means, Transportation and Distribution of Energy Production Can Come Under Their Control Via Government Expropriation And/Or Regulatory Power by Dave Harbour Today we ask our readers to recognize the dots that connect socialism and eco-activism to the undoing of free energy markets and freedom itself. We will demonstrate why this transformation is not merely the natural swing, back and forth, of a political pendulum. Our readers can surely agree that: Freedom can be eliminated by eliminating free enterprise. [...]

5-21-16 Alaska Gas Project: When Does One More Straw Break The Camel’s Back?

Tim Bradner, NGP Photo by Dave Harbour 5-13-11 Tim Bradner of the AJOC brings us another Alaska gas monetization reality: wetlands mitigation (Story below).  Higher but unknown additional mitigation/litigation costs cannot improve feasibility of AGDC's (https://www.agdc.us/) government investment in the Alaska LNG project (http://ak-lng.com/).  Nor can such open-ended future expenses make the state's socialist equity investment in Alaska LNG more beneficial to citizens. This is precisely the type of uncertainty that leads project proponents to add additional contingency requirements to Financing Plans: uncertainty requires hedging as greater assurance of "project completion" to satisfy [...]

5-19-16 Oil Price: A Tale Of Two Analysts

Please scroll down to read today's unusual Sunday commentary: "Afraid New World" Alaska Governor Bill Walker (NGP File Photo) BREAKING NEWS, THURSDAY AFTERNOON: ALASKA'S GOVERNOR CALLS LEGISLATURE INTO SPECIAL SESSION TO DEAL WITH LACK OF AN FY 2016-17 BUDGET TO NORMALLY TAKE EFFECT ON JULY 1.  HERE IS THE PROCLAMATION.  YOU READ IT HERE FIRST!  -DH Comment.  Our mid Atlantic energy analyst friend (who prefers to remain anonymous) comments on another analyst's viewpoint (Left column below).  Their evaluation of world economics, interest rates, supply and demand seem [...]

5-16-16 When Will Oil Prices Recover Enough To Re-establish Alaska & Alberta Prosperity?

"It's Tough To Make Predictions, Especially About The Future"  -  Yogi Berra Commentary By Dave Harbour Dan Yergin, NGP file photo. (See Yergin's WSJ comments below) By mid-year, 1967, Atlantic Richfield Company's (ARCO) Susie rig had completed its Alaska North Slope oil exploration mission, unsuccessfully.  Then, an old friend and colleague, Harry Jamison, ARCO's Alaska Manager, prevailed upon company Chairman, Robert O. Anderson, for one last well attempt.  "Robert O" as we called him, supported the recommendation to the Board, which approved that one more try.   Just after [...]

5-12-16 How The Federal Government Stole Alaska’s Statehood Birthright

Even if the federal government were to restore the natural resource birthright it has stolen from the 49th State, Alaskans would STILL remain challenged.  For when its citizens enjoyed what seemed to be unlimited oil wealth 3-4 decades ago, it taxed more and spent more and more -- until it had developed an unsustainable lifestyle.  So, we do hope that great leadership can free Alaska of the federal overreaching jurisdiction and violations of due process described below.  But then, equally great leadership -- with disciplined citizen support -- must establish sustainable government services [...]

5-7-16 Old Canadian/US Softwood Issue Resurfaces

Old Softwood Issue Resurfaces: Could Affect Alaska; Will Affect Canada We continuously try to 'connect the dots' for our readers! by Dave Harbour We drew attention to the US/Canadian controversy over softwood lumber trade agreement issues years ago, as it affected an Alaska to Midwest gas pipeline (8/2001, 11/2001, 3/2002, 4/2002, 5/2002, 8/2002, 11/2002, 2015) The softwood  issue surfaces again as BC Premier Christy Clark interprets Presidential candidate Donald Trump’s remarks about NAFTA, poor trade deals and stopping illegal southern border immigration to softwood issues. Bear in [...]

5-6-16 Compliments to Shell and Congratulations to TransCanada!

CBC.ca TransCanada gets final permits for Coastal GasLink pipeline to Kitimat,  CBC.ca.  The 650-kilometre pipeline would link natural gas fields in northeastern ... "If I had just known...." by Dave Harbour Sometimes I look back and think, "If I had just known my dear friend or family member was going to die last week, I'd have spent more time with him/her and....   If.... If...."   In my more rational moments, I recall that while I cannot change the past -- and should not let the past dominate my thinking [...]

5-2-16. Alaska has condensate but not enough crude oil; Alberta has massive crude but insufficient condensate (at the right price). Should they renew talks about an Alberta-Alaska rail….

Our observation:  A rail line between Alberta and Alaska could export Oil Sands crude through Alaska and backhaul North Slope condensate.  (See story below).  We'll leave it to others to consider economic feasibility of different routes and modes.   We will observe that the backhaul idea might make any Canadian export project more feasible.   Furthermore, the Oil Sands new challenge of requiring heavy oil to be thinned by about a third, with condensate, and Exxon's new Point Thomson condensate production does create more condensate for sale...and does reveal a nearby market [...]

4-28-16 Alaska And Its Democratic Socialist Look-Alike, Venezuela

THE HILL: Energy will play a major role in at least five races that could determine control of the Senate next year.  President Obama’s controversial climate policy is looming large in Ohio and Illinois, where the coal industry still employs thousands, while battle lines are being drawn in Colorado, pitting environmentalists against oil and gas companies over drilling. Read the full story here "Venezuela doesn't have enough money to pay for its money", by Bloomberg's Andrew Rosati.  (Full story here: http://tinyurl.com/jmn46sn) Please review the above story.  Here [...]

4-20-16 Murkowski Scores for Alaska and U.S. – PLUS – Does Alaska’s Legislature Have the Moral High Ground From Which To Seek “More Revenue” Before Serious “Cutting”?

BREAKING NEWS.  U.S. Sen. Lisa Murkowski, R-Alaska, today led the Senate’s approval of broad, bipartisan energy legislation that contains a wide range of provisions vital to Alaska’s future. The bill, the Energy Policy Modernization Act of 2016, was authored by Murkowski and.... (More) Senate Unanimously Approves Murkowski’s Major Lands and Water Package for Energy Bill Alaska U.S. Senator Lisa Murkowski (NGP File Photo) NGP File Photo Washington, D.C. – On Tuesday, the U.S. Senate unanimously approved two amendments offered by Senator Lisa Murkowski (NGP Photo) to [...]

4-19-16 The Alliance Tells It Like It Is: We Like That

We like it when the respected people and organizations among us, "tell it like it is".  Below (Left), is what the Alliance's Ak Headlamp said yesterday about Alaska's fiscal crisis and how leaders are dealing with it.  -dh Lynn Helms, Director, N.D. Department of Mineral Resources. NGP File Photo.   Billings Gazette.   North Dakota oil production had a smaller decline than expected in February as more companies put fracking crews to work to maintain cash flow, the state’s top oil regulator said.     ...     Director [...]

4-18-16 ALERT BELOW – BLM Seeks To Increase O&G Regulatory Burden

Alberta's 2016 budget: Ignoring lessons from Alberta’s history (Appeared in the Calgary Sun) by Ben Eisen and Charles Lammam Alberta expects to rack up $37 billion in new debt over the next three years.   Notley following Wynne’s failed Ontario strategy on deficits and debt (Appeared in the Calgary Sun) by Ben Eisen and Charles Lammam Ontario has seen its net debt increase by $126.5 billion since 2008/09.   Will B.C. ever export LNG? (Appeared in the Vancouver Sun) by Kenneth P. Green and Taylor Jackson The regulatory approval [...]

4-15-16 Op-Ed: Alaska’s Budget Talk: All Bark and No Bite?

The Road Less Traveled by Dave Harbour A path less taken.... A road more oft taken. Yesterday's editorial may seem like the writer has no empathy or regard for elected leaders. Au contraire. We have run for public office twice ourselves and lost twice.  We know the dedication and loneliness required to enter the political arena.  We appreciate the courage and focus and determination one musters to run for office.  One appreciates the long hours of candidate work, the door-to-door, the fund raising, the volunteer coordination, the interviews [...]

Go to Top