9-26-2020 Tongass Freed From Restrictive Roadless Rule

Colleagues: The recent full exemption of the Tongass from the roadless rule is a positive event in these trying times.  Towns and villages in Southeast existed long before the Tongass was designated as a national forest.  The ability of our people to build futures for their families is a fundamental priority, which can be balanced with environmental concerns; the roadless exemption provides for this balance.  The people of Southeast Alaska are benefitting from this action by a thoughtful administration. Sincerely yours, Don Habeger Executive Director First Things First Alaska [...]

9-7-2020 Alaska Cannot Renege On Legislative Promises

Dunleavy Administration Responds to Supreme Court Ruling on Oil and Gas Tax Credit Bonds September 4, 2020 (Anchorage) - Today the Alaska Supreme Court, in Forrer v. State of Alaska, struck down legislation enacted under the previous Walker administration in 2018 that authorized the issuance of “subject-to-appropriation” bonds to pay outstanding cashable oil and gas tax credits.  According to the Department of Revenue, there is $743 million in outstanding tax credits that were eligible to participate in the tax credit bonding program. The tax credit program ended in 2017. With the collapse of [...]

9-1-2020 George Soros & Son: Major Threat to Capitalism?

The Nazis, Soviets, Venezuelans, Sandanistas, Cubans, and Pol Pot leaders all referred to their governments as "socialist".  Alaska's democrats in 2016 voted to elect a socialist president.  We believe a growing segment of America's younger generation is unaware of how socialist propaganda and unrealistic promises lead to inevitable misery and eventual collapse of socialist societies.  The death of the United States as we have known it is within the grasp of her enemies, both without and within.  Only a herculean effort, equal to the commitment, sacrifice, and endurance [...]

8-1-20 First Things First Alaska Foundation Identifies Importance of Mining to Alaska

Dear Alaskan: The economic benefits of mining are integral to the quality of life in Alaska.  In a May 2018 report on the mining's industry's impacts in Southeast Alaska alone, t was reported to be responsible for 1,600 direct and indirect jobs, $121,000,000 in direct and indirect wages, $3,800,000 paid to local governments through property and sales taxes, and $246,000 in contributions to about 120 nonprofit organizations. This economic impact is vital to the wellbeing of our communities. The statement above is taken from a letter to the DOWA [...]

6-29-20 Letter to the “Father Of The Ill-Begotten Fair Share Oil Tax Proposal”

(A letter from an unemployed oil industry employee to Robin Brena, the lawyer who created a voters initiative to increase oil industry taxes.  The letter was printed by the Alaska Support Industry Alliance.) Dear Mr. Brena: I just lost my job on the Slope, and don’t know when or if I’ll get back on. I used to feel lucky that I survived the support industry layoffs that happened from 2015-2018, when more than 6,000 Alaskans lost their jobs.  I don’t feel so lucky anymore.   Because of what’s happening with [...]

6-10-20 Is Alaska’s Government Acting In Good Faith?

From the Allliance: "Open for Business? AKDOT takes $49m in CARES relief funds –threatens struggling AK companies with 10.5% interest penalty." The Situation: The Department of Transportation & Public Facilities took money intended to be used for “relief” and responded by threatening a 10.5% interest penalty on late payments from struggling Alaska businesses ⁠–on top of already onerous lease increases. 18 months prior to the current public health emergency, Alaska companies asked the administration and DOT&PF to review the steep, and in our review some cases unlawful, rental increases implemented by the Walker administration [...]

5-27-20 Why An Alaska North Slope Gas Pipeline Is Infeasible. Is the Recovery of Oil Demand and Pricing Real?

Current Petroleum News Headlines Alyeska oil prorations now at 95% inventory; supply chain clearing - 05/24/2020 (Full story) Alyeska Pipeline Service Co. has adjusted oil flow prorations on the trans-Alaska pipeline system to a 95% proration as of May 15, up from an 85% proration in place earlier in May. “At TAPS, we're confident the supply chain has stabilized,” We're ramping back up and as of last Friday are back to saf.... Oil Patch bits: New features added to Lynden's mobile app - 05/24/2020 (Login to read Full story) As reported by Lynden News May [...]

4-15-20 Alaska Joins Other States/Canadian Provinces In Shouldering Double Whammy: CCPVirus + Oil Price Collapse

Please find this MOST INFORMATIVE oil and gas presentation on current status of the industry by Canary, LLC CEO Dan K. Eberhart (@dankeberhart), delivered to members of the Alaska Support Industry Alliance on April 9. Double bonus: Here's Dan's current take on the Texas RRC consideration of ordering production cuts vs. free market forces...followed by this Yahoo report on the result of the hearing (i.e. a difficult decision for the 3 commissioners). -dh Must Read Alaska: Fradulent Oil Tax Initiative Signatures?! Has it ever been tougher for the state's [...]

4-9-20 A Revealing Look At The Status Of TODAY’S Oil & Gas Industry!

Below are the speaker's notes from an online presentation delivered today to members of the Alaska Support Industry Alliance.  Their thousands of employees of some 400 employers provide the muscle enabling the enormous oil, gas and mining production in America's largest -- and sole -- Arctic state. Alaska Support Industry Alliance Webinar Briefing For Members By Dan K. Eberhart, Canary LLC (Photo) (Twitter account contact: @dankeberhart) Whatever happened to “In like a lion, out like a lamb?” March has been a month many of us would rather forget. The twin [...]

3-28-20 Two of Alaska’s Great Thinkers Opine On Coronavirus

Note: All over the world, the U.S. state department is undertaking these types of operations on behalf of citizens.  It's too bad that our major television networks do not more reasonably cover worldwide events affecting our country.  -dh Excerpts from yesterday's State Department Email: Location: Ecuador (country-wide).  Today, four more U.S. State Department-sponsored flights departed Ecuador, two each from Guayaquil and Quito, returning 403 Americans home.  To date, a total of six U.S. State Department-sponsored flights have taken 631 Americans home.  Meanwhile, the U.S. Embassy in Ecuador has worked closely with commercial [...]

3-27-20 Corona Virus Continues To Hog Center Stage For Energy and All Other North American Communities

Canada COVID-19: Don't Create New Subsidy Program, National Post Fort McMurray mayor says 'time to act decisively' on keeping COVID-19 away Alaska: Corona Virus In this Alaska state senator Cathy Giessel's newsletter this week, you'll find: Oil Prices Senate Finance Major Economic Relief Package Passes Senate Real ID Deadline Extended Federal SBA Economic Injury Disaster Loans Keeping American Workers Paid and Employed Act This week's Natural Resource Related highlights and updates From the Alaska Miners Association: Mineral tenure legislation passes the Legislature!!  SB155, Exploration & Mining Rights, [...]

3-24-20 Coronavirus and Saudi-Russia tiff effects continue to affect North American energy price/supply/demand

Canada Oil production cuts in Western Canada are imminent ,  Western Canada’s oil production will need to be cut by about 11% from April, or 440,000 b/d, due to the global oversupply created by the Covid-19 virus and ongoing oil price, said Rystad Energy. Suncor Energy cuts 2020 capital by $1.5 billion  Suncor has cut its 2020 capital program by $1.5 billion (Can.), or 26% compared to the original guidance midpoint, to $3.9-4.5 billion (Can.), in response to the decline in the crude oil price and uncertainty of the economic [...]

3-12-20 Energy State Alaska Faces CoronaVirus Head-on!

To Customers: From Our Very Responsible Friends At NorthRim Bank Update to Our Customers: COVID-19 Dear Valued Customer, As we all monitor developments surrounding COVID-19, we understand the concern and uncertainty you may be experiencing and wanted to share updates on what Northrim Bank is doing in response to the virus. The health and safety of our customers, employees and community is a top concern and our thoughts are with those Alaskans who may be impacted. Our branches are cleaned daily as part of normal business and we have [...]

By |2020-03-12T10:31:48-09:00March 12th, 2020|Alaskanomics|0 Comments

3-5-20 PEBBLE PROJECT MOVES FORWARD!

Breakfast Meeting: March 5, 2020 Progress on Pebble’s Permitting Featuring: Tom Collier, CEO, Pebble Partnership Breakfast Meeting: March 5, 2020 Progress on Pebble’s Permitting Featuring: Tom Collier, CEO, Pebble Partnership Slide Pack Presentation RDC Breakfast 3/5/2020 featuring: Tom Collier from Resource Development Council on Vimeo. Presentation

By |2020-03-14T16:50:04-09:00March 5th, 2020|Alaskanomics, Pebble Project & Rule of Law|1 Comment

2-22-2020 Alaska Gasline Development Corporation’s Joe Dubler Retires

Here's A CEO Job Opening For The Alaska Government's Gas Pipeline Scheme Alaska Journal of Commeerce Exerpt.  The temporary head of the state’s gasline agency announced his resignation Thursday morning. Interim Alaska Gasline Development Corp. President Joe Dubler (NGP Photo) made his retirement plans public at the corporation’s board meeting in Anchorage. He will remain at AGDC through May 2, he said. Dubler stepped into the lead role at the state-owned corporation in January 2019 after Gov. Mike Dunleavy made sweeping changes to the AGDC board of directors, which [...]

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