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 [...]

5-21-18 BP – ConocoPhillips Talks – Enviro Activists Caught Lying

Alaska trade delegation leaves for China for more business opportunities.  Xinhua.  The group includes the Alaska Gasline Development Corp, which is the state's major energy infrastructure developer, seafood companies, a baby food ... LNG/Gas News Briefs Courtesy: Larry Persily Larry Persily. Northern Gas Pipelines photo by Dave Harbour Oil and gas news for May 21, 2018 Anadarko closes in on financing for Mozambique LNG project (Reuters; May 18) - Anadarko Petroleum is seeking to raise a record $14 billion to $15 billion from banks and export credit agencies for [...]

5-15-18 Asian LNG Projects Involve Saving/Losing Face

Troublesome Alaska Gas Pipeline/LNG Issues Involve the Saving/Losing of "Face" Opinion by Dave Harbour Understanding Asian culture and customs is critical for creating durable Asian business relationships Alaska has historically enjoyed business relationships with various Asian countries, including China, the Republic of Korea (ROK) and Japan.  These relationships have traditionally evolved among private buyers and sellers of Alaska's natural resources, including minerals, liquefied natural gas (LNG), timber and seafood products.  In some of these cases, government officials have used their 'bully pulpits" usefully: to diplomatically support these transactions, but [...]

4-26-18 Alaskanomics and Alaska’s Natural Resource Wealth

Alaskanomics Scott Goldsmith. Northern Gas Pipelines photo by Dave Harbour We commend Northrim Bank (Northrim and its public service web page, Alaskanomics) for having long supported an approach adopted by Dr. Scott Goldsmith, now retired from the Institute of Social and Economic Research (ISER), the "three legged stool". This analogy equates the stability of the stool to an economy supported equally by 1. oil & gas industry taxes and spending, 2. federal government spending and 3. other resources.  The only alteration we would suggest to the stool [...]

4-20-18 Should Alaskan Politicians Align Their State’s Future With Communist China’s?

Alaska’s Imprudent LNG Project Reader question: Should Alaskan Politicians Align Their State's Future With Communist China's -- or, instead rely on free enterprise development of Alaska's natural gas transportation system--WHEN IT BECOMES ECONOMICAL?  Scroll down to answer in comment section. By Dave Harbour (NGP authorizes reprint of its editorials with condition that links be provided to such reprints.) As my kids would might say, it blew my mind this week when China’s news blog, Xinhua, announced, “The Alaska Gasline Development Corp. (AGDC) said on Thursday that it has signed [...]

4-15-18

ConocoPhillips confirms Willow discovery appraisal on ANS ConocoPhillips upped its five-well drilling campaign to a sixth with the 2018 Winter exploration and appraisal program on Alaska’s wester North Slope at the Willow discovery. Discovered in January 2017, the Tinmiaq 2 and 6 were drilled in early 2016 and encountered 72 ft and 42 ft of net pay, respectively. Juneau Empire Alaska Senate votes to spend Permanent Fund to balance portion of state deficit The House proposed giving the Alaska Gasline Development Corporation the ability to accept up to $1 billion in investments for the [...]

4-11-18

Canada's Pipeline Obstacles Ref: Our 4-7-18 Post Braid: Coming soon, the NDP bill to choke off fuel to BC.  Calgary Herald.  Called the Preserving Canada's Economic Prosperity Act, it will enable cuts ofAlberta fuel shipments to B.C.'s Lower Mainland. This will likely apply to oil, natural gas and refined products, including gasoline, diesel and aviation fuel. And the restrictions probably won't just apply to pipeline shipments. Insuring a pipeline: Kinder Morgan faces risks that only government can address.  CBC.ca.  The resulting Pipeline Debate was one of the most intense political events in Canadian history. The Conservatives under John Diefenbaker were strongly opposed, [...]

4-7-18 Canadian Liberals To The Rescue? Amazing Chutzpah!

Canadian liberals and their pro-anarchy, anti-pipeline, enviro-activist allies caused the death or delay of multiple pipeline modes capable of marketing Canadian oil & gas.  Now, with the economy crashing, liberals are positioning themselves as energy transportation saviors.  What Chutzpah!  -dh Justin Trudeau defends his support for oilsands and pipelines during Fort McMurray visit.  CBC.ca.  "For 10 years Stephen Harper talked the oilsands up and weren't able to get [pipelines] done." Trudeau said he looked forward to sitting down with industry leaders later Friday to hear more about how the Liberal government can improve oil and gas regulations. [...]

3-23-18 Which is worse off, Alaska or Alberta?

Commentary by Dave Harbour Which is worse off: Alaska or Alberta? Both are controlled by liberals (i.e. socialists).  Both are dependent on fossil energy -- and the pipelines transporting it.  Both prize expanding an ever-wanting-more entitlement voter base more than a taxpayer base of wealth-creating energy investors and WORKERS.   Liberal leaders of both spend billions more than they can afford.  Both have lost thousands of taxpayer workers while keeping tax beneficiaries mostly WHOLE.  Both project a better economic day...when the current crop of political 'leaders' are safely out of [...]

3-20-18 LAST CHANCE BEFORE VOTING: A Logical Review Of Anchorage’s Utility Ballot Initiative, and An Alaska LNG Scheme Update

Our Analysis Of Proposition 10 From Last Week Proposition 10 allows the MOA to sell its Municipal Light & Electric (ML&P) utility to Chugach Electric Coop (CEA). Ray Kreig on Mike Porcaro's 3-23-18 KENI Radio Show re: author's view of ML&P sale. https://clyp.it/fhbf5swd We support an HONEST and TRANSPARENT sale of ML&P but we oppose the corrupted process leading to Proposition 10.  We will vote “No” until the MOA employs a transparent, valid, robust, national competitive bidding process (i.e. RFP or RFB) and until a super majority [...]

3-18-18 Historical Day For Alaska Tax History – CANADIAN PIPELINE SHOWDOWN!

Saskatchewan would support Alberta's decision to turn off oil taps CBC.ca.  "If the fuel tanks start to run dry because Premier Notley has turned the tap off, it won't be Saskatchewan filling them up," the premier told CBC Radio's The ... Though Saskatchewan isn't connected to Kinder Morgan's Trans Mountain pipeline, the delays in getting the $7.4 billion expansion completed are ... Analyst warns British Columbia gas prices could soon hit a record high Calgary Herald (3-20-18 Update) Q. WHAT IS A FAIR SHARE OF OIL TAXATION: THE ETERNAL QUESTION A. fair share of oil taxation is whatever the [...]