3-19-21 Lest We Forget: Alaska Once Had A Stable Investment Climate!

  Lest We Forget: On March 18, 1981 Alaska Created Two Decades Of Investment/Tax/Economic/Social Stability Commentary by Dave Harbour (Video: Governor Jay Hammond and Legislature Define 'Fair Share' Of Petroleum Revenue 3-18-81 from Dave Harbour archives on Vimeo.) TRANS ALASKA PIPELINE SYSTEM (TAPS)  Four decades ago yesterday, Alaska created what was to be two decades of "quasi"-fiscal stability.  We say, "quasi" because even in the wake of "reform", politicians would continuously be seeking "more revenue". But let us begin the story this way.  1980-81 was an era when [...]

11-12-20 We hope Alaska doesn’t make this huge mistake

We Pray This Report Is Only A Reporter's Nightmare, Lest It Become Reality Commentary by Dave Harbour So far, we lack confirmation of the adjacent story and hope it is only a terrifying rumor. Former Alaska Governor Bill Walker. NGP File Photo by Dave Harbour But if the former Governor or any other private citizen is successful in convincing enough decision-makers to support this type of deal, we believe it will be at the expense of every Alaskan in several ways.  We believe the state could be [...]

9-10-2020 TODAY IS THE 51ST ANNIVERSARY OF THE 1969 PRUDHOE BAY LEASE SALE

From the state archives (featuring Lieutenant Governor (Secretary of State) Robert W. (Bob) Ward at the microphone. Note correction and personal note below.  More historical links). Collection Name AMRC. Ward Wells Collection Identifier AMRC-wws-4794-6 Title State of Alaska 23rd oil and gas lease sale. Description Title taken from sign in photograph. View of 23rd oil and gas lease sale for Alaska inside Sydney Laurence Auditorium in Anchorage, Alaska, with map of North Slope area in Alaska on sign in background. Alaska Governor Keith Miller holds microphone, while Alaska Department of [...]

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 [...]

1-20-2020 RCA Rejects Hilcorp-BP Filing And Orders A Hearing – Climate Change: What Do You Believe?

Kids' climate change lawsuit tossed out by federal appeals court Publisher's note: Don't forget that the UN Climate Chief admitted that the goal of  the Climate Change movement is not to save the environment, but TO KILL CAPITALISM!  Lest we forget.  -dh WATCH: The 'Greta' of Climate Realism We met this amazing young lady in Madrid at COP25 last week. Just 19 years old, Naomi Seibt is drawing comparisons to Greta Thunberg. But other than their shared youth, there is really no comparison. Instead of being used by the adults [...]

11-22-19 CeraWeek In Houston. Why Go?

Q.  Why should our readers attend CeraWeek in Houston? Dan Yergin, NGP file photo, by Dave Harbour (NARUC). A.  Because our old friend from Arctic Gas days in the '70s, Daniel Yergin, invites us to the most important energy conference of the year! (Note: Daniel Yergin, Vice Chairman IHS Markit, CERAWeek Chairman and James Rosenfield, Senior Vice President, IHS Markit, CERAWeek Founder & Co-Chairman, co-host CERAWeek.) Waves of Change: Charting the Energy Future Energy Secretary Rick Perry. NGP file Photo by Dave Harbour Strategic confrontation and fractious geopolitics, disruptive [...]

6-17-19 ConocoPhillips Acquires Caelus’ North Slope Nuna Discovery Acreage

ConocoPhillips Signs Agreement with Caelus Natural Resources to Acquire Nuna Discovery Acreage ConocoPhillips Alaska (COPA) today announced that it has entered into an agreement with Caelus Natural Resources Alaska, LLC to acquire 100 percent of the Nuna discovery, located just east of the Colville River and approximately five miles southwest of the Oooguruk Field. The Nuna prospect was announced as a discovery in 2012. The purchase includes 11 tracts covering 21,000 acres. Over the next several years, COPA will appraise Nuna with a goal toward making a final investment [...]

6-4-19 Alaska Gas Project Update

State answers FERC questions about Cook Inlet pipeline crossing  By Larry Persily paper@alaskan.com June 4, 2019 Larry Persily, former Alaska gas pipeline federal coordinator. NGP Photo by Dave Harbour. The state-led gas line development team has told federal regulators it is confident the Alaska LNG project’s steel pipeline could withstand Cook Inlet’s strong currents, shifting seabed and traveling boulders along the 29-mile underwater route to the gas liquefaction plant in Nikiski, on the Kenai Peninsula. The water-crossing information is among the remaining batches of answers the Alaska Gasline [...]

3-18-19 Lest We Forget: Alaska Once Had A Stable Investment Climate!

Correction: in our recent email alert we rightly associated Anchorage property taxpayers with proposed bonded indebtedness but inadvertently associated property taxpayers with a proposed liquor tax.  -dh Lest We Forget: Alaska Once Created Two Decades Of Investment/Tax/Economic/Social Stability Commentary by Dave Harbour TRANS ALASKA PIPELINE SYSTEM (TAPS) Thirty-Eight years ago today, Alaska created what was to be two decades of "quasi"-fiscal stability.  We say, "quasi" because even in the wake of "reform", politicians would continuously be seeking more revenue. But let us begin the story this way.  [...]

2-11-19 Could this be one of the last ANWR hearings? Not likely, But This Is A Big One!

Another ANWR Hearing...TODAY? Don't Get Public Hearing Testimony Fatigue.  Every Hearing Produces A Record.   Decisions That Benefit or Hurt Our Families Are Partly Based On That Record! by Dave Harbour Today in Anchorage the Interior Department will hold what is, hopefully, one of the last hearings dealing with the environmental impact statement preceding the leasing of a small section of the huge Arctic National Wildlife Refuge for oil & gas exploration and perhaps, eventually, development. See the point? Dulles Airport area, within 1.5 million area, within 19.6 million [...]

12-21-18 Use These Important References to Develop Your Alaska Gasline/LNG THINKING POINTS!

A Readers' Guide to Developing Alaska Gasline/LNG Thinking Points and Policy Conclusions We believe that in fewer than a dozen pages, our critically thinking readers can come to thoughtful logical conclusions re: continuing government ownership and operation of Ak-LNG.  Merry Christmas!  -dh Last Friday's (12-14-18) Summary provides a current view of Ak-LNG ownership risks.  https://tinyurl.com/y8k5xps5 This 11-5-15 review of an Alaska special session dealing with gasline/LNG matters and increased oil taxes provides a good deal of rationale against state ownership, including important reference to unintended results. (https://tinyurl.com/y9samzdt) [...]

5-17-18 Support National Petroleum Reserve – Alaska Energy TODAY!

National Petroleum Reserve Alaska Deadline TODAY! Our friends with Resource Development Council for Alaska remind us of today's deadline for commenting on another outstanding petroleum reserve project. (Read Full Alert.  See RDC's submitted comment letter here) We join RDC in commenting and urging our readers to do the same: The comment deadline for the Greater Mooses Tooth 2 (GMT2) project in the National Petroleum Reserve-Alaska is today. ConocoPhillips Alaska submitted an application to move forward with the project in August 2015. The comment period pertains to a Draft Supplemental Environmental [...]

10-23-17 “Beware the Greeks (i.e. or Russians or Chinese) bearing gifts (i.e. Trojan Horses)!”

Is any citizen uncomfortable with these headlines?  Good.  There is reason for concern! Governor Pitches Alaska Natural Gas to Chinese Sovereign Wealth Fund - Chinese President Makes Pit Stop in Alaska on Return to China - Alaska expects stronger engagement with China on gas ... - YouTube - Alaska Natural Gas International Deliveries to China (Million Cubic Feet) “Beware the Greeks (i.e. or Russians or Chinese) bearing gifts (i.e. Trojan Horses)!" Observations by Dave Harbour Alaska-Ecuador Flag Pin Rafael Correa, courtesy, Wikipedia Now look what happened to Ecuador under socialist [...]

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