9-12-18 Special Commentary For Oil & Gas Decision Makers, Custodians of Shareholder Wealth

FERC approves Kenai Borough as intervenor in Alaska LNG By Larry Persily Sept. 12, 2018 All three Alaska municipalities vying for a multibillion-dollar natural gas liquefaction plant and marine terminal are now intervenors in the federal regulatory process, giving each the legal right to challenge Federal Energy Regulatory Commission (FERC) decisions on the proposed Alaska LNG project. ...  Scroll down for Persily's full story below (Larry Persily, Northern Gas Pipelines photo by Dave Harbour) Our comment: In Alaska only the oil & gas industry must pay a special, state-wide property [...]

8-6-18 Alaska LNG Project Hires A New External Affairs Executive

AK losing ANWR $ BY CRAIGMEDRED ...The 49th state’s share of anticipated revenues from the Arctic National Wildlife Refuge (ANWR) is on the verge of being slashed by what could be close to $1 billion, and the state’s top elected officials seem strangely quiet. ...last year’s GOP-led tax cut that included a 50-50 state split of future ANWR royalty revenues ...U.S. House Committee on Appropriations approved a fiscal year 2019 Interior and Environment Bill that cut Alaska’s share of  ANWR royalty revenue to 47 percent. The other 3 percent is to be [...]

9-5-18 Proper land management can protect the environment, economy and rule of law -dh

Our opinion:  Nationwide--including Alaska and California--national forest and park lands and land monuments should be physically and scientifically managed in a way that best supports sustained yield management.   Ironically, this scientific approach not only contributes to jobs and economic strength, but also best protects the environment when pursued in accordance with well established permitting regulations.  It also protects against erosion of the rule of law.   -dh The LA Times Inadvertently Admits Trump Is Right About What’s Causing California’s Massive Wildfires https://dailycaller.com/2018/09/02/la-times-trump-california-wildfires/ Adopting more active forest management policies such as [...]

8-20-18

Finally, Alaska politicians may realize that a state government risks much by trying to negotiate fairly with ChiComs.... China Reportedly Probed Alaskan Networks Ahead of Governor's Trade Mission  Government Technology.  The state's Department of Natural Resources is a key state agency involved in the Alaska LNGproject that helps oversee the oil and gas industry. Story from Alaska Public Media by Rashah McChesney. ... (Priscilla Moriuchi is)  the Director of Strategic Threat Development and supervises the team at Recorded Future that put out a report on the surveillance. The report details evidence that computers at Tsinghua University [...]

8-14-18 Trouble In Canada’s Energy Sector

Oh Canada! Corbella: Saudi feud highlights Canada's lack of energy security  Calgary Herald.  “If you simply ask Quebecers — and most Canadians for that matter — 'Do you like or want pipelines? Or do you want oil in your life?' A clear majority … Your letters for Monday, Aug. 13 Calgary Herald.  Friday, as I often do, I sat at my kitchen island to read the Herald; nice to lay it flat ... Page A10, the last page of the first section, showed people in Calgary, ... Re: “Trudeau's actions have helped fuel Saudi regime,” Licia Corbella, [...]

8-8-18 Will Alaskans Let A CABAL Kill Their Economy?

Killing Alaska's Pioneering State Economy by Dave Harbour Here is a grassroots program designed to kill 49th state free enterprise.  This socialist feat is accomplished by creating an Enviro-Industrial-Governmental Cabal model with insufficient means of sustaining itself in the free market.  It reflects the same thinking that permits current Alaskan leadership to ignore prudent budgeting during a fiscal crisis while attempting to marry Alaska's future with Chinese Communist energy and finance companies in consummating an as yet infeasible LNG project.  We don't know whether to label such leadership "narcissistic", "naively well [...]

8-3-18 Friday Musings

Friday Musings: Commentary: Nakedness We are extremely disappointed with republican Kevin Myer and Alaska's current democrat lieutenant governor for their continuing support of Governor Bill Walker's socialized LNG export scheme.  For years we have provided evidence that in wake of lower shale-induced gas prices and extensive LNG export competition the producers have been right in proclaiming that, for an Alaska North Slope gas export project, "now is not the time".  Alaska's mostly tidewater based competitors do not have to include the cost of a massive, 800 mile Arctic gas pipeline.  [...]

7-25-18 Alaska and Venezuela Have This In Common

Q.  What do Alaska and Venezuela have in common? Answer.  Both have economies that are dependent on volatile oil revenues.  Both have insufficiently diversified their economies.  Both overspent on social programs during times of high oil prices, ensuring that their economies would be unsustainable during times of low prices.  Both now spend more that their economies can afford.  Both place greater emphasis on creating new liabilities than attracting new investment.  Leaders of Venezuela and Alaska are attracted to socialized control of energy resources.   Both are experiencing fiscal crisis. Foreign [...]

By |2018-08-06T16:05:55+00:00July 25th, 2018|AGDC, Alaska's Fiscal Crisis, Commentary, LNG|0 Comments

7-23-18 Fairbanks Gas Supply Competition

Most Relevant News For Our Readers Public Comments Due For Donlin Mine's Reclamation And Closure Plans Public comments are due for the proposed Donlin mine’s reclamation and closure plans. AK: The journey of Alaska’s go-to man in China Alaska’s does $1 billion dollars worth of trade with China every year — it’s the state’s largest trading partner. State officials: Ballot Measure 1 will make some construction projects impossible Ballot Measure 1 is intended to boost protections for salmon, but a series of state officials told lawmakers Friday… AGDC President: [...]

7-20-18 Alaska’s Socialist LNG Export Project

What about competitive position of the Alaska LNG idea? The greatest, current competitive failing of the Alaska government LNG project -- aside from its crippling socialist model -- is that its competitors do not have to include the cost of an 800 mile arctic pipeline into the financing plans of their near-tidewater LNG projects.  In addition, most of the competition has better labor costs, better logistics, better climatic conditions, and better investor owned management incentives, discretion and market-place reaction times.   -dh Today's Alaska LNG News and Our Comment: [...]

7-17-18 ConocoPhillips Continues To Expand Alaska North Slope Oil Wealth Resource

ConocoPhillips Expects Another Active Exploration and Appraisal Season in 2019 “We believe that the company’s Alaska plan aligns with our disciplined, returns-focused strategy, supports Alaska’s economy and creates significant value for shareholders,” said Ryan Lance, chairman and chief executive officer (Photo). “Alaska provides competitive investment opportunities and will generate profitable growth from diversified investments with significant exploration upside. We are proud of the value we create for the State of Alaska through the revenues we generate, the jobs we create and the community investments we make. Our shareholders realize [...]

6-29-18 DOE Offers Gas Liquids Primer

News Alert Department of Energy Publishes Natural Gas Liquids Primer Today, the U.S. Department of Energy (DOE) published the 2018 Natural Gas Liquids (NGLs) primer that highlights the resource potential of NGLs, with a focus on the Appalachian region.  This publication provides an important update of a previous version from 2017, reporting even larger projections for ethane production from the Marcellus and Utica shale plays than previously estimated. The 2018 primer includes new data from the reference case for the U.S. Energy Information Administration’s (EIA) 2018 Annual Energy Outlook as well [...]

6-26-18 Interesting Items

Alaska LNG Project and Related News AGDC receives approval for Alaskan pipeline project.  Interfax Global Energy.  Alaska Gasline Development Corp. (AGDC) has received environmental approval for one of two pipeline projects it is considering building, according ... Our Commentary: Remember how Alaska's Governor bragged about how the Chinese were a great trading partner...Alaska's largest trading partner.  ...and that partnership was based in part on the Alaska salmon the Chinese purchased. And that is supposed to prove how good a partner China would be re: the state owned, bureaucrat controlled Alaska LNG scheme?  And note [...]

6-20-18 The Show (Archive) Must Go On!

We've been laying low for several weeks due to shoulder replacement surgery and related issues...for which we thank readers' patience.  We're slowly repairing,  able to type a little and now focused on adding appropriate northern energy content into our searchable archives as before.  -dh BIG NEWS TODAY: Trump repeals Obama's destructive, duplicative Ocean Policy E.O.  See this letter from the National Ocean Policy Coalition below, column right.  -dh Today's Latest Northern Energy News: Oil, Gas & LNG Readers: Download the "six behaviors" below for important [...]

5-30-18 Alaskans: Unite TODAY – Canadians: This Is What We Must Do On BOTH Sides Of The Border

Rally The Troops TODAY! One of Alaska's most dedicated pioneer patriots, and a dear friend (Photo, Carl Portman), has written us this heartfelt CALL TO ACTION.  PLEASE RESPOND AND MEET TODAY IN DOWNTOWN ANCHORAGE if you are in the state's largest city.  If not, register your opinion by commenting at the Department of Interior link found here, today, before you forget!  -dh Dave: As a lifelong Alaskan raised in Fairbanks, I flew up to the “Golden Heart City” yesterday to present personal testimony supporting proposed lease sales on the coastal [...]