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 [...]

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 [...]

2-13-2020 Pebble Area Native Leaders Push Back Against Tribal Critics

Thanks to Must Read Alaska for this important Pebble Mine perspective! ...“The fact that our colleagues in the indigenous community would take an action against us without consultation is particularly disappointing. We have been engaged in the Pebble issue for nearly fifteen years. We have concerns about a mine near our communities, yet we also have concerns about the significant lack of economic opportunity for our people. We have put up with so-called regional and tribal organizations that tell the world that they speak with a united voice on [...]

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 [...]