4-21-17 Arctic (And Other Energy) Conferences!

Yesterday, we advised readers about two upcoming conferences, one in Inuvik, NWT and one in Anchorage.  Below, we alert readers to consider several more!  -dh Enjoy The Kentucky Derby Spirit With An Alaska Railroad Twist! Alaska's Energy and Minerals Sector Could Interface With Other Constituent Businesses In A Great Atmosphere.  Join Us Next Week!  -dh On Friday, April 28, 2017, the Anchorage Chamber of Commerce invites our readers to come aboard the Annual Anchorage Chamber Train Ride, held from noon to 4:30 p.m., on the Alaska Railroad passenger train. This [...]

4-20-17 Plan Ahead For Arctic Conferences!

We are sure that our Arctic oil, gas and mining readers will find this conference useful: International Business Conference & Trade Show Sheraton Anchorage Hotel    Alaska's Premier Arctic Business Event Focused Squarely on Trade, Commerce, and Investment in the Region.  Four Ways Your Company Can Participate in  Arctic Ambitions VI Conference & Trade Show    ATTEND THE CONFERENCE This year, the theme of the conference is New Arctic Realities: The Path Forward. With this theme, we will highlight the following areas: transportation, technology and innovation, infrastructure development, natural resource [...]

4-14-17 Northrim Bank Economic Forum Today

State gas line agency applies for permission to build Alaska LNG project.  In what the Alaska gas line agency is calling a major achievement, officials on Thursday formally launched its application for federal permission to build a pipeline Alaska Senate, House at odds with session poised to run long.  Leaders of the Republican-led Alaska Senate said Thursday they aren't interested in instituting an income tax or raising oil industry taxes…  Alaska House OKs PFD fund bill with conditions The Alaska House has passed legislation calling for structured draws from [...]

4-13-17 BP Alaska Exploration President Outlines Company’s Alaska Investments In Spite of Low Oil Price Environment

Announcement from Janet L Weiss, President, BP Alaska Exploration, Inc.   Janet L. Weiss. Northern Gas Pipelines file photo by Dave Harbour. Last week, BP issued its 2016 Annual Report and the required 20-F form submitted to the US Securities and Exchange Commission. Unfortunately, the 20-F form only tells part of our BP Alaska business story which has caused some confusion and a number of questions that I want to help address.   Let me be very clear, the BP Alaska Region did lose money (negative cash flow) [...]

4-7-17 CELEBRATE PRUDHOE BAY’S 4 DECADES OF PRODUCTIVITY!

Nominate an exceptional Alaska oil and gas project, contractor, or individual today! Marilyn Crockett, former President, AOGA. Northern Gas Pipelines file photo by Dave Harbour AOGA President, Kara Moriarty. Northern Gas Pipelines file photo by Dave Harbour AOGA's annual Industry Awards recognize outstanding contributions to the Alaska oil and gas industry in four categories: Contractor of the Year for Safety Performance Award, sponsored by the Alaska Support Industry Alliance Project of the Year Award for Environmental Stewardship and Innovation, sponsored by Stoel Rives Rising Star [...]

4-3-17 Russia Is Strong In the Arctic — U.S. Better Get Its Act Together!

Note: The US better get its act together if it wishes to be a player in the Arctic.  Russia is on the march.  Alaska is the U.S. Arctic gateway.  Does the U.S. wish to become competitive in an area where the majority of the world's energy reserves are...or, do we play defense against Russian economic and military initiatives.   See our 4-1-17 Russian commentary.  -dh Russian tanker forges path for Arctic shipping super-highway Author: Olesya Astakhova, Reuters SABETTA, Russia — An ice-breaking liquefied natural gas tanker docked for the first [...]

By | 2017-04-03T04:36:28+00:00 April 3rd, 2017|Arctic Policy, Commentary, Competition, OCS|0 Comments

4-1-17 IT’S APRIL FOOL’S DAY! But the comment below is real.

Alaska Governor Wants Trump to Back LNG Pipeline “Socialism is the philosophy of failure, the creed of ignorance, and the gospel of envy.” —Perth, Scotland, 28 May 1948, in Churchill, Europe Unite: Speeches 1947 & 1948 (London: Cassell, 1950), 347. Our commentary:   As an Alaska citizen and federal taxpayer this writer resents and opposes the suggestion by Alaska's governor that public dollars be wasted on his government-owned, socialist LNG pipedream project: in the form of grants, loans or loan guarantees.     Conservatives and liberals alike should be able [...]

3-17-17 State Owes Industry Investors Stability

More coming.... Resource Development Council for Alaska BREAKFAST FORUM SERIES Yesterday's Presentation Breakfast: March 16, 2017 - Dena'ina Center "Fix the Fiscal Problem Now and Don’t Destroy Our Resource Industries" Jim Jansen. Northern Gas Pipelines file photo by Dave Harbour Jim Jansen, Chairman, Lynden and Co-Chair, KEEP Alaska Competitive Coalition (Video coming) Here is last week's presentation, 3/2/17:    What's Next For Caelus? by Pat Foley, Senior Vice President Alaska Operations, Caelus Energy Alaska LLC Breakfast Packet (pdf) • PowerPoint Slides (pdf)   RDC Breakfast 03-02-17 from Resource Development Council [...]

3-15-17 Murkowski Prioritizes Energy Infrastructure

Globe & Mail.  Shell left Alaska, now trims Alberta and B.C. investments. Alaska state senators scour budget in hopes of $300M in cuts  Climate bill faces tough sledding in Alaska legislature (See our related Commentary)   Today we also provide our many readers who knew him, an obituary and personal comments about Dennis Hebner, a great friend.  -dh Senator Lisa Murkowski. Northern Gas Pipelines file photo by Dave Harbour Murkowski: Energy Infrastructure Is Central to Our Way of Life Highlights Critical Role in Making Energy Cleaner, More [...]

2-23-17 Oil/gas Investing in a fiscally challenged state run by a government considering energy industry tax increases in a low price environment!

We always appreciate Ak-Headlamp's analysis.  Based on what you read today, we wonder if you will be buying oil stocks or selling?  You certainly wouldn't be inclined to invest large sums of your own money in a remote, Alaska North Slope pipeline/LNG project run by temporarily elected and appointed politicians and bureaucrats, would you?  You would?  Well, how about if that state were teetering on fiscal collapse and considering raising taxes on the oil industry in a low price environment?  -dh ______________________________________________________ Alaska Headlamp Commentary Yesterday, the Alaska State Senate [...]

2-9-17 U.S. Congress Tries To Correct Obama Attack On State Land Use Control

To our Canadian & U.S. marketers Note from our Mid-Atlantic energy analyst guru: "...the market will not see a further meaningful increase in crude oil without some weakening of the dollar.   Also, natural gas will be hard pressed to move with conviction until the cost of capital (as indicated by the rate on the benchmark ten-year bond) rises." From our Southeast Alaska friend Denny DeWitt comes this letter requesting the Alaska Delegation to use the  Congressional Regulatory Review Act (CRA) to stop implementation of the new ROD for the Tongass Management [...]

2-8-17 The Oil Curse

The Oil Curse: Is It Real? by Dave Harbour Our critical thinking readers can review this book (below), decide, then apply their conclusions to the oil, gas and minerals policies of Alaska and Western Canada (i.e. for starters).   If I were a philosopher prince, a student of Socrates and Plato, I would have absolute power, absolute integrity, a heart of wisdom and charity; and, I would be a good manager of natural resources.   Realizing that both the production and price of resources is volatile, I would carefully husband and [...]

1-9-17 Honest Energy Folks Should Beware of Socialists

Dear Friends: Our long term readers know that this webpage was born over 15 years ago, when certain special interests sought to demonize some Alaskan and some Canadian energy interests.  One of our secondary goals has been to facilitate greater diplomacy and understanding among citizens of both countries -- in support of both separate and joint energy projects.  Hopefully, the sort of blog entry we have today will lead us ever closer to greater understanding among citizens of the two countries.  -dh   "...because that's where the [...]

12-22-16 Conquering our naïveté to save capitalism!

Killing Wealth Producing Energy To Kill Capitalism Requires Our Naïveté by Dave Harbour Courtesy: http://tinyurl.com/hjs5l85 Honest folks can be naive.  They assume the best of everyone but, ironically, treacherous ones among us require our naïveté to attack our way of life, as when the United Nations climate change Czar affirmed that the goal of environmental activism is to kill capitalism. President Obama's winning campaign slogan has been, "Change we can believe in", though the word "change" only became fully defined with systematic efforts to 1) increase constituent reliance on democrat largess [...]

12-13-16 Our Canadian Friend Reminds Us That Scrooge Was Anti-Carbon

Alert: President-elect Donald Trump will name Rep. Ryan Zinke of Montana to serve as Interior Secretary, senior transition sources tell Fox News.   More: http://www.foxnews.com/live-coverage/transition-to-trump Senator Cathy Giessel.  NGP file photo by Dave Harbour Sen. Cathy Giessel, chairs the Senate Resources Committee: "It bodes well for business," she said of Tillerson being nominated (for Secretary of State). "It bodes well for Alaska."   KTUU Two Texans who love Canadian oil offered pipeline-policy roles in Trump cabinet   Trump is right to keep an "open mind" on environmental [...]