5-16-16 When Will Oil Prices Recover Enough To Re-establish Alaska & Alberta Prosperity?

"It's Tough To Make Predictions, Especially About The Future"  -  Yogi Berra Commentary By Dave Harbour Dan Yergin, NGP file photo. (See Yergin's WSJ comments below) By mid-year, 1967, Atlantic Richfield Company's (ARCO) Susie rig had completed its Alaska North Slope oil exploration mission, unsuccessfully.  Then, an old friend and colleague, Harry Jamison, ARCO's Alaska Manager, prevailed upon company Chairman, Robert O. Anderson, for one last well attempt.  "Robert O" as we called him, supported the recommendation to the Board, which approved that one more try.   Just after [...]

By |2016-12-22T22:27:16-09:00May 16th, 2016|Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, Canadian Energy Policy, Commentary, Keystone XL, LNG, OCS, Rule Of Law|0 Comments
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5-12-16 How The Federal Government Stole Alaska’s Statehood Birthright

Even if the federal government were to restore the natural resource birthright it has stolen from the 49th State, Alaskans would STILL remain challenged.  For when its citizens enjoyed what seemed to be unlimited oil wealth 3-4 decades ago, it taxed more and spent more and more -- until it had developed an unsustainable lifestyle.  So, we do hope that great leadership can free Alaska of the federal overreaching jurisdiction and violations of due process described below.  But then, equally great leadership -- with disciplined citizen support -- must establish sustainable government services [...]

By |2016-12-22T22:27:16-09:00May 12th, 2016|ACES, AGDC, AGIA, Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, ANWR, Arctic Policy, Canadian Energy Policy, Commentary, Enviro-Industrial-Governmental Cabal, Federal Obstruction, Foreign/Domestic Enviro Conspiracy, Interior Energy Project (IEP), Interstate Gas, Intrastate Gas, LNG, Ocean Policy, OCS, Rule Of Law|0 Comments
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5-11-16 Budget Approval Still Evades Alaska’s Legislature — Debate Rages On Oil Tax Issues

How The U.S. Federal Government Has Stolen Alaska's Statehood Birthright Presented To Our Readers Tomorrow With Significant Links and References From our friends at Ak-Headlamp: No hope for consensus on HB247. Governor Bill Walker's HB247 saw a new proposal yesterday via Rep. Craig Johnson, the first public action since April 13. But the adjustments proposed Tuesday don't appear to be enough to yield the 21 votes needed for the legislation to pass the 40-member House, with two moderate Republicans, Reps. Paul Seaton of Homer and Louise Stutes [...]

By |2016-12-22T22:27:17-09:00May 11th, 2016|Alaska Taxes, Alaska's Fiscal Crisis|0 Comments
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5-7-16 Old Canadian/US Softwood Issue Resurfaces

Old Softwood Issue Resurfaces: Could Affect Alaska; Will Affect Canada We continuously try to 'connect the dots' for our readers! by Dave Harbour We drew attention to the US/Canadian controversy over softwood lumber trade agreement issues years ago, as it affected an Alaska to Midwest gas pipeline (8/2001, 11/2001, 3/2002, 4/2002, 5/2002, 8/2002, 11/2002, 2015) The softwood  issue surfaces again as BC Premier Christy Clark interprets Presidential candidate Donald Trump’s remarks about NAFTA, poor trade deals and stopping illegal southern border immigration to softwood issues. Bear in [...]

By |2016-12-22T22:27:26-09:00May 7th, 2016|AGDC, Alaska's Fiscal Crisis, Alaskanomics, Canadian Energy Policy, Commentary, Competition, Global Warming, Interior Energy Project (IEP), Intrastate Gas, LNG, Uncategorized|0 Comments
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5-6-16 Compliments to Shell and Congratulations to TransCanada!

CBC.ca TransCanada gets final permits for Coastal GasLink pipeline to Kitimat,  CBC.ca.  The 650-kilometre pipeline would link natural gas fields in northeastern ... "If I had just known...." by Dave Harbour Sometimes I look back and think, "If I had just known my dear friend or family member was going to die last week, I'd have spent more time with him/her and....   If.... If...."   In my more rational moments, I recall that while I cannot change the past -- and should not let the past dominate my thinking [...]

By |2016-12-22T22:27:26-09:00May 6th, 2016|Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, Arctic Policy, Canadian Energy Policy, Commentary, Uncategorized|0 Comments
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5-2-16. Alaska has condensate but not enough crude oil; Alberta has massive crude but insufficient condensate (at the right price). Should they renew talks about an Alberta-Alaska rail….

Our observation:  A rail line between Alberta and Alaska could export Oil Sands crude through Alaska and backhaul North Slope condensate.  (See story below).  We'll leave it to others to consider economic feasibility of different routes and modes.   We will observe that the backhaul idea might make any Canadian export project more feasible.   Furthermore, the Oil Sands new challenge of requiring heavy oil to be thinned by about a third, with condensate, and Exxon's new Point Thomson condensate production does create more condensate for sale...and does reveal a nearby market [...]

By |2016-05-02T22:26:57-09:00May 2nd, 2016|Alaska's Fiscal Crisis, Alaskanomics, Arctic Policy, Canadian Energy Policy, Commentary|0 Comments
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4-28-16 Alaska And Its Democratic Socialist Look-Alike, Venezuela

THE HILL: Energy will play a major role in at least five races that could determine control of the Senate next year.  President Obama’s controversial climate policy is looming large in Ohio and Illinois, where the coal industry still employs thousands, while battle lines are being drawn in Colorado, pitting environmentalists against oil and gas companies over drilling. Read the full story here "Venezuela doesn't have enough money to pay for its money", by Bloomberg's Andrew Rosati.  (Full story here: http://tinyurl.com/jmn46sn) Please review the above story.  Here [...]

By |2016-12-22T22:27:26-09:00April 28th, 2016|Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, Commentary, Interstate Gas, Intrastate Gas, LNG|0 Comments
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4-24-16 New Volume for Trans Alaska Pipeline System (TAPS)

ADN by Alex DeMarban.  Oil production has begun at ExxonMobil’s Point Thomson field near the Arctic National Wildlife Refuge, a complex project that became a reality after decades of failed attempts by the company and court fights with the state. ExxonMobil announced the news on Friday.   More here: https://www.adn.com/article/20160422/after-decades-failed-attempts-oil-production-begins-point-thomson

By |2016-12-22T22:27:27-09:00April 24th, 2016|Alaska's Fiscal Crisis, Interstate Gas, Intrastate Gas, LNG|0 Comments
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4-20-16 Murkowski Scores for Alaska and U.S. – PLUS – Does Alaska’s Legislature Have the Moral High Ground From Which To Seek “More Revenue” Before Serious “Cutting”?

BREAKING NEWS.  U.S. Sen. Lisa Murkowski, R-Alaska, today led the Senate’s approval of broad, bipartisan energy legislation that contains a wide range of provisions vital to Alaska’s future. The bill, the Energy Policy Modernization Act of 2016, was authored by Murkowski and.... (More) Senate Unanimously Approves Murkowski’s Major Lands and Water Package for Energy Bill Alaska U.S. Senator Lisa Murkowski (NGP File Photo) NGP File Photo Washington, D.C. – On Tuesday, the U.S. Senate unanimously approved two amendments offered by Senator Lisa Murkowski (NGP Photo) to [...]

By |2016-12-22T22:27:27-09:00April 20th, 2016|Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, Arctic Policy, Commentary, Federal Progress, You Read It Here First|0 Comments
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4-19-16 The Alliance Tells It Like It Is: We Like That

We like it when the respected people and organizations among us, "tell it like it is".  Below (Left), is what the Alliance's Ak Headlamp said yesterday about Alaska's fiscal crisis and how leaders are dealing with it.  -dh Lynn Helms, Director, N.D. Department of Mineral Resources. NGP File Photo.   Billings Gazette.   North Dakota oil production had a smaller decline than expected in February as more companies put fracking crews to work to maintain cash flow, the state’s top oil regulator said.     ...     Director [...]

By |2016-12-22T22:27:27-09:00April 19th, 2016|Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, Commentary, Fracking, Interstate Gas|0 Comments
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4-18-16 ALERT BELOW – BLM Seeks To Increase O&G Regulatory Burden

Alberta's 2016 budget: Ignoring lessons from Alberta’s history (Appeared in the Calgary Sun) by Ben Eisen and Charles Lammam Alberta expects to rack up $37 billion in new debt over the next three years.   Notley following Wynne’s failed Ontario strategy on deficits and debt (Appeared in the Calgary Sun) by Ben Eisen and Charles Lammam Ontario has seen its net debt increase by $126.5 billion since 2008/09.   Will B.C. ever export LNG? (Appeared in the Vancouver Sun) by Kenneth P. Green and Taylor Jackson The regulatory approval [...]

By |2016-12-22T22:27:28-09:00April 18th, 2016|Alaska's Fiscal Crisis, Alaskanomics, Canadian Energy Policy, Fracking, LNG, Reader Comment|0 Comments
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4-15-16 Op-Ed: Alaska’s Budget Talk: All Bark and No Bite?

The Road Less Traveled by Dave Harbour A path less taken.... A road more oft taken. Yesterday's editorial may seem like the writer has no empathy or regard for elected leaders. Au contraire. We have run for public office twice ourselves and lost twice.  We know the dedication and loneliness required to enter the political arena.  We appreciate the courage and focus and determination one musters to run for office.  One appreciates the long hours of candidate work, the door-to-door, the fund raising, the volunteer coordination, the interviews [...]

By |2016-12-22T22:27:28-09:00April 15th, 2016|Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, Arctic Policy, Commentary, Reader Comment, Uncategorized|0 Comments
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Alaska’s Budget Crisis Dominates Legislature’s Weekend – Alberta’s In A Similar Boat! Will Alaskan and Albertan Officials Seek To Keep Government Special Interests ‘Whole’ At The Expense of Taxpayers, Ratepayers and Consumers?

Alberta Premier Rachael Notley, CBC Photo "Tax it, regulate it, subsidize it" Added by ANCHORAGE DAILY PLANET Editor on April 8, 2016. Saved under Editorial Watching some of Alaska’s most wealthy, powerful people and organizations with a dependency on state government as they push for all manner of taxes and offer plans to tap into the Permanent Fund earnings to help the state make ends meet and protect their bottom line is not a pretty sight. Ronald Reagan Sculpture Rather than suggesting we should [...]

By |2016-12-22T22:27:29-09:00April 9th, 2016|Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, Canadian Energy Policy, Commentary, Uncategorized|0 Comments
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Alaska Is Making Critical Decisions That Affect Its Long Term Investment Climate

Alaska is making critical budget decisions that will affect its investment climate for a generation! With its unsustainable spending we have long recommended that Alaska decision makers not increase taxes or impose new taxes until significant cuts are made in entitlement programs and employee costs. As the current legislative session nears an end, we see pressure mounting for new taxes.  We see no decisive movement toward containing employee CPI and step wage increases or negotiating more prudent state employee contracts.  And, we see no significant effort to cut entitlement programs [...]

By |2016-12-22T22:27:29-09:00April 8th, 2016|Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, Canadian Energy Policy, Commentary, Government Waste, Uncategorized|0 Comments
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