1-10-2020 Thar’s Gold In Them Thar Hills! … Gold and Oil are Geese That Lay Golden Economic Eggs

NEWS BULLETIN January 10, 2020 --- Vol. 26, No.03 January 2020 Readers, this is a complimentary copy of today's bulletin that is normally sent only to our paid News Bulletin Service subscribers. The bulletins are emailed periodically with the latest breaking major news, often uncovered by Petroleum News staff OR breaking news that we have been given exclusive early access to. To subscribe to our News Bulletin Service please reply to this email and at a rate of $3.39 per week we will include you for 1 or 2 [...]

11-30-19 RDC Conference Touts O&G. Mining, Tourism, Ocean Policy, Forestry Opportunity

Alaskanomics's Blog The 40th Annual Alaska Resources ConferencePosted: 29 Nov 2019 03:37 PM PSTLast week, the Resource Development Council (RDC) hosted its 40th Annual Alaska Resources Conference in Anchorage. The event is the chance for leaders from the tourism, fishery, oil and gas, mining, and forestry industries to come together and share highlights and frustrations from the past year and look forward to the coming year.Overall the presenters and attendees were optimistic about the future of the resources industries in Alaska. There were concerns due to the tariffs being raised on fish, timber, [...]

11-18-19 Last Day To Register For Alaska’s Greatest Multi-Resource Conference!

Dedicated pioneer of Alaska resource education and information, Carl Portman, announces retirement. Petroleum News Alaska, by Kay Cashman.  The Resource Development Council for Alaska will lose one of its most valuable employees at the end of June, Deputy Director Carl Portman. Among many other duties, Portman has been responsible for the impressive list of presenters at the association's conference every November. Set to retire June 30 after what will be 39 years with RDC, Portman said he will be leaving after the association’s annual meeting. “I still plan to [...]

11-17-19 Another Oil Tax Debate?!

Another oil tax debate: With a ballot measure effort advancing, the Legislature needs to hold hearings Fairbanks Daily News-Miner Alaskans might be in for another epic debate about ... Frank Murkowski as part of his effort to get a North Slope natural gas pipeline built. ... A new governor arrived in Sarah Palin at the end of 2006 and oil taxes ... Ultimate Adventure Heads to Alaska for the 20th Anniversary of the Legendary Event Four Wheeler Network This 800-mile-long pipeline transports crude oil from Prudhoe Bay to Valdez. ... bridge crosses the river on the eastern edge of Denali National Park. Opinion: Green [...]

11-16-19, NORTHERN ENERGY HISTORY: Exxon’s Important North Slope Position Includes Prudhoe Bay AND Point Tompson!

Producers 2019: Exxon pursuing two fronts Operator’s ultimate goal at North Slope Point Thomson unit is marketing 8 Tcf of natural gas Kay Cashman Petroleum News Caribou on oil industry gravel pad. Five feet above the mosquito infested tundra decreases mosquito caused mortality among spring-born calves. -dh One of the earliest explorers in Alaska and one of the primary working interest owners on the North Slope, ExxonMobil did not embark on the $4 billion Point Thomson development just to produce 10,000 barrels of condensate a day. Production [...]

11-12-19 Farewell Epilogue and Alaska’s Dangerous Oil Tax Increase By Voters Initiative

“BOTAX” Dave Harbour Glen Biegel Lawyer’s oil & gas tax scheme threatens Alaska’s economy (.PDF of this commentary here: Footnote Version & Clean Version like this w/o footnotes.) By Dave Harbour and Glen Biegel First, let’s get some ‘housekeeping’ out of the way on the proposed oil tax initiative.  Then we’ll explain why all Alaskans should be concerned. Alaska Lieutenant Governor Kevin Meyer recently certified a voter’s initiative petition application entitled “An Act relating to the oil and gas production tax, tax payments, and tax credits.”  Attorney [...]

11-2-19 Is Alaska’s Economy Finally On the Move!?

Third Quarter Alaska Employment Numbers Commentary: The good employment news below is all about a dynamic Alaska oil industry on the cutting edge of new technology.  Longtime Alaskans know that oil not only supports industry jobs, but pays the lions share of government budgets that also fund education, public works, public safety and infrastructure for retail, tourism and commercial fishing industries and JOBS!  We're even pleased to spot signs of a new LNG project for commercializing Alaska North Slope gas.  But a lawyer is a major sponsor of a voters [...]

6-17-19 ConocoPhillips Acquires Caelus’ North Slope Nuna Discovery Acreage

ConocoPhillips Signs Agreement with Caelus Natural Resources to Acquire Nuna Discovery Acreage ConocoPhillips Alaska (COPA) today announced that it has entered into an agreement with Caelus Natural Resources Alaska, LLC to acquire 100 percent of the Nuna discovery, located just east of the Colville River and approximately five miles southwest of the Oooguruk Field. The Nuna prospect was announced as a discovery in 2012. The purchase includes 11 tracts covering 21,000 acres. Over the next several years, COPA will appraise Nuna with a goal toward making a final investment [...]

4-12-19

Alaska U.S. Senator Lisa Murkowski (NGP Photo by Dave Harbour) Murkowski Welcomes Executive Orders on Energy Infrastructure WASHINGTON, D.C. – U.S. Sen. Lisa Murkowski, R-Alaska, today issued the following statement after President Trump signed two executive orders prioritizing energy infrastructure and streamlining the permitting process for domestic and cross-border projects “I appreciate the president’s strong commitment to the improvement and modernization of our nation’s energy infrastructure. We need fewer delays, greater predictability in our permitting process, and better coordination among government stakeholders to ensure needed projects can [...]

By |2019-04-11T10:41:36-09:00April 11th, 2019|Alaskanomics|0 Comments

3-18-19 Lest We Forget: Alaska Once Had A Stable Investment Climate!

Correction: in our recent email alert we rightly associated Anchorage property taxpayers with proposed bonded indebtedness but inadvertently associated property taxpayers with a proposed liquor tax.  -dh Lest We Forget: Alaska Once Created Two Decades Of Investment/Tax/Economic/Social Stability Commentary by Dave Harbour TRANS ALASKA PIPELINE SYSTEM (TAPS) Thirty-Eight years ago today, Alaska created what was to be two decades of "quasi"-fiscal stability.  We say, "quasi" because even in the wake of "reform", politicians would continuously be seeking more revenue. But let us begin the story this way.  [...]