2-12-16 Credit Worthiness Downgrades Affect Public & Private Sectors

For Alaska Legislators: see this relevant note today from a long-time Alaska friend and colleague, Terry Brady (NGP Photo). From Akheadlamp.com. Alaska House suspended action on all bills not related to the State budget.  Credit Worthiness Downgrades Affect Public & Private Sectors   by   Dave Harbour   We have covered Alaska's deteriorating credit worthiness as judged by rating agency analysts.   New York, February 11, 2016 -- Moody's Investors Service (Moody's) concluded rating reviews on 11 Ba-rated US exploration and production (E&P) companies. Moody's confirmed three companies' ratings, and downgraded [...]

By |2016-12-22T22:27:33-09:00February 12th, 2016|Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, Commentary, Reader Comment|0 Comments
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2-9-16 Announcing Calgary Conference

See EIA's "Short Term" Energy Outlook Released A Few Minutes Ago! Alaska House To Consider Only Budget Legislation Until Budget Is Passed, Re: Alaska Fiscal Crisis!  ADN by Nathanial Herz. Senator Lisa Murkowski  Makes Kenai LNG Facility Announcement Today! "Hot Off The Press HERE": U.S. Sen. Lisa Murkowski, R-Alaska, today released a report prepared by the Congressional Research Service (CRS) raising key questions about President Obama’s proposal to levy a new $10-per-barrel tax on oil. *   *   *  Also see this House Resources Committee statement, just released! Having Chaired the Calgary O&G Symposium when the Alaska overland and [...]

By |2016-12-22T22:27:33-09:00February 9th, 2016|Alaska Taxes, Alaska's Fiscal Crisis, Commentary, Federal Obstruction, Federal Progress, Personal, You Read It Here First|0 Comments
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2-8-16 We prefer good news but cannot ignore reality….

Alaskans Have Not Found Common Ground With Industry In the Midst of Fiscal Crisis -- But Canadians Are Getting There We prefer good news but cannot ignore reality....  Below is a comment from a longtime Kenai Peninsula, Alaska reader.  It refers to our commentary last Friday.  Perhaps a good way to start the week, absent wonderful news, is to consider what steps must be taken to create good news.  After all, isn't the first step in a 12 step recovery program simply to admit fault?  -dh From our Mid-Atlantic energy [...]

By |2016-12-22T22:27:33-09:00February 8th, 2016|Alaska Taxes, Alaska's Fiscal Crisis, Commentary, Federal Obstruction|0 Comments
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2-5-16 Can Alaska And Washington Learn From Alberta and Ottawa?

Can Alaska And Washington Learn From Alberta and Ottawa? Yes.  But Are They Likely To Learn.  No. 1.  Calgary Herald by James Wood.  As Prime Minister Trudeau and Premier Notley hosted a roundtable meeting (Video) in his first visit to Calgary since becoming prime minister, he told a group of top energy executives the government wanted to hear ways Ottawa “can be a better partner in helping you through this difficult time.” 2.  Alaska Headlamp.  ... Rep. Mike Hawker, asked why Governor Bill Walker wants the Legislature to completely reverse its tax credit policy. A Senate working [...]

By |2016-12-22T22:27:33-09:00February 5th, 2016|Alaska Taxes, Alaska's Fiscal Crisis, Commentary, Federal Obstruction, Federal Progress|0 Comments
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2-3-16 “Should Alaska ‘Control’ Natural Resources?”

Why Shouldn't The State Take Control of Oil & Gas and Other Natural Resources? U.S. News & World Report: Alaska's Oil Taxes We're not saying Alaskan politicians are beginning to control everything.  However, controlling oil and gas is a big step toward socialism and controlling a gas export project (and a municipal distribution project) are decisive first steps in that direction.  Alaska became great because of a free market, not because of dictator-governors who wanted to, "fundamentally change Alaska's freedoms".   dh     (Photo: Alaska Governor Bill Walker) Today's Commentary:  "This is big" [...]

By |2016-12-22T22:27:33-09:00February 3rd, 2016|Alaska Taxes, Alaska's Fiscal Crisis, Commentary, LNG|0 Comments
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1-26-16 Alaska’s Fiscal Crisis Takes Center Stage, Spotlights Blazing, Audience Cheers and Jeers!

Alaska's Fiscal Crisis Takes Center Stage See Alaska Headlamp today for more on government spending.... Juneau Empire by James Brooks.  John Tichotsky, chief economist for the Tax Division of the Alaska Department of Revenue, told legislators that global oil production outpaced demand by almost 2 million barrels per day in 2015.... by Dave Harbour ​(Note to readers: Please help us assure the accuracy of these archives.  Let us know of any factual additions/corrections needed in any of our news or editorial material and we will initiate immediate changes!) Yes, we know [...]

By |2016-12-22T22:27:42-09:00January 26th, 2016|Alaska Taxes, Alaska's Fiscal Crisis, Commentary, Interior Energy Project (IEP), LNG|0 Comments
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1-25-16 Alaska Legislative Report On Week 1 – Today Begins Week Two

ALASKANOMICS LEGISLATIVE WEEK 1 REPORT (See Original Here) Here's a chance for our readers to comment on Alaska's Fiscal Crisis, an invitation from Senate President, Kevin Meyer (NGP Photo).  We've commented and hope you will, too!  -dh As Alaska faces an unprecedented budget challenge this year, the Senate Majority would appreciate your feedback in our annual start-of-session survey here: www.alaskasenate.org/poll Your opinions are important to us as we deliberate the issues facing our state.  Thank you  for taking the time to provide your input.    We look forward to hearing your [...]

By |2016-12-22T22:27:42-09:00January 25th, 2016|Alaska's Fiscal Crisis, Commentary, Interstate Gas|0 Comments
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1-19-16 Alaska Legislative Session Begins Today Amid Financial Crisis

John Sturgeon (NGP Photo), Alaska patriot, seeks justice from the Supreme Court of the United States. CANADA! See Additional Alaska Headlamp Coverage Of Some Items Below Of course, the price of oil and gas directly affects our energy constituencies in Alaska and Western Canada.  Here, our anonymous mid Atlantic energy consultant comments on yesterday's WSJ story  Anchorage Daily Planet/News Miner, by Max Buxton.   Misc. Comment: A friend of the Legislature tells us this morning that, "We think the governor has released his oil tax credit cut plan quietly and privately...but, [...]

By |2016-12-22T22:27:43-09:00January 19th, 2016|Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, Federal Obstruction|0 Comments
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New Arctic Icebreaker Proposed

Alaska Headlamp comments on the Juneau Empire survey (column left), then goes on to tackle related subjects, like how to control government spending. We're delighted with Alaska Headlamp's contribution to the public dialog, along with that provided by citizen groups and other thinking columnists like those representing the Anchorage Daily Planet. For further reference, we draw reader attention to our earlier commentary dealing with how the parents of this generation should be treating their children, of the next generation.  (We think this will be welcome reading for young people determined to have [...]

By |2016-12-22T22:27:43-09:00January 18th, 2016|Alaska's Fiscal Crisis, Arctic Policy, Commentary|0 Comments
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1-16-16 Feds To Help Alberta In Wake Of Low Oil Prices

Calgary Herald by James Wood.  Finance Minister Bill Morneau came to Calgary on Friday with pledges of help for Alberta, but few specific commitments on how the federal Liberal government will assist the province hit hardest by plunging oil prices.  ADN OpEd by Jim Crawford.  The spending elite have determined that you need to be educated about the size of Alaska’s budget. If you think government is too big, too intrusive or ineffective, well, you need to be re-educated. They say we cannot cut state funding. That we don’t spend enough on [...]

By |2016-03-13T03:41:59-09:00January 16th, 2016|Alaska Taxes, Alaska's Fiscal Crisis|0 Comments
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1-13-16 Getting Alaska’s Financial House In Order

(Yesterday Anchorage reader Meera Kohler (NGP Photo) told us about an error and Ottawa reader Tom Harris informed us of an addition to include.  We are always quick to make necessary changes.  For the 15-year life of NGP, we have asked readers to help us make this a valuable research resource.  Accuracy is critical and for your continuing help, we are grateful.  -dh) Alberta, Alaska's natural resource sister in Canada is facing it's own fiscal challenges.  The revered Fraser Institute says Alberta's problem has more to do with over spending than with low oil prices. [...]

By |2016-12-22T22:27:44-09:00January 13th, 2016|Alaska Taxes, Alaska's Fiscal Crisis, Commentary, Interstate Gas|0 Comments
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11-5-15: A Review of the November 2015 Special Session of the Alaska State Legislature

One Observer's View of the November 2015 Special Session of the Alaska State Legislature (Revised following receipt of reader comment)   Offered on this, the last day of the Special Session, November 5, 2015   Special Session Audio & Video Archives   by   Dave Harbour     As the special session called by Governor Bill Walker ended this week, we did not oppose the Legislature's decision to approve certain appropriations.  The appropriations allowed the governor to reimburse TransCanada (TC) for its expenses to date, plus interest, to "buy out" its participation in the [...]

By |2017-01-03T11:50:29-09:00November 5th, 2015|Alaska's Fiscal Crisis, Alaskanomics, Commentary, Competition, Government Waste, Interior Energy Project (IEP), Interstate Gas, Intrastate Gas, LNG, You Read It Here First|0 Comments
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10-8-15 Is Alaska LNG Project Risk Understated? Should Government Take The Risk?

Between an overreaching governor who seems intent on commanding if not socializing Alaska's energy industry, and a President who seems intent on crippling if not shutting down Alaska's energy industry freedom is threatened on America's Last Frontier.  Today we explore why this is so.  -dh To our hundreds of Canadian readers: We apologize for the lack of news directly affecting you today; but we must focus on an Alaska Governor who exhibits a certain hubris impacting both the energy industry and Alaska's future.  You may find object lessons which also apply on [...]

By |2018-08-19T14:30:01-09:00October 9th, 2015|AGDC, Alaska Taxes, Alaska's Fiscal Crisis, Commentary, Interstate Gas, Intrastate Gas, LNG|0 Comments
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1-28-15 Is The White House Intentionally Killing Alaska’s Economy and America’s Future?

NPR TODAY & Our Commentary WSJ YESTERDAY: Obama’s Trans-Alaska Oil Assault He’s slowly starving the current pipeline so it will have to shut down. Washington’s energy debate has been focused on President Obama’s endless opposition to the Keystone XL pipeline, but maybe that was only a warm-up. His new fossil fuel shutdown target is Alaska. Refer also to Monday's editorial re: A Good Father Figure and Sunday's reports on: 1-25-2015 REPORT ALERT: Federal Government Makes Economic War On Alaska and All American Consumers and another layer of anti-development complexity courtesy of a new [...]

By |2016-12-22T22:28:37-09:00January 28th, 2015|Alaska's Fiscal Crisis, Alaskanomics, Arctic Policy, Commentary, Enviro-Industrial-Governmental Cabal, Federal Obstruction|0 Comments
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