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 [...]

4-7-17 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

3-31-17 Shale is competitive but how about high cost, Alaska Prudhoe Bay and Alberta Oil Sands?

When we read Frost's, The Road Not Taken, neither he nor we know if the path he took was best.   Courtesy: Pinterest Heaven knows we've opined enough on the effect of hostile government policies on the ability of producers in high cost environments to continue producing taxes and royalties for their governments and profits for their shareholders.  We've encouraged northern Alaska state and Canadian provincial governments to spend more time looking outward -- to better understand global competition.  Instead, politicians on both sides of their national boundaries are [...]

3-29-17 Governor’s Government LNG Marketing Efforts Cost Much, Produced Little to Nothing

If you had a multi-billion dollar private sector project... Courtesy Buzzfeed. ...would you hire a government bureaucracy to do it for you?   Actually, this is what is happening.  The citizens of Alaska elected a lawyer who takes over a private sector project, flies around Asia and the Lower 48 on marketing trips, and continues to operate LNG marketing offices in Japan and Houston while supporting tax increases on the oil industry and presiding over a state that refuses to significantly cut its operating budget while its subsidized budget [...]

3-21-17 Economist Roger Marks Fact Checks Lawyer’s “Fair Share” Cliché (UPDATE)

Calgary Herald by Javier Blax.   Exxon Mobil Corp., Royal Dutch Shell Plc and Chevron Corp., are jumping into American shale with gusto, planning to spend a combined $10 billion this year, up from next to nothing only a few years ago.  (Many Alaskan and Alberta elected officials -- obviously -- have no concept of the principle of worldwide competition for attracting natural resource investment dollars.  -dh) Critical Thinking The end of the Alaska Legislature's 2017, third trimester approaches.  The socialist-leaning House majority has cut off debate on their [...]

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 [...]

3-12-17 Making Sure Our Readers Caught This Late Thursday Piece

If you missed it, please find our LATE Thursday piece on Crony Capitalism in Alaska and Washington right here.... We continue to ask to a non-responding bureaucracy: “Who in his right mind could think a $45 billion gas pipeline/LNG project could go well if it were owned by a non-accountable government of temporarily elected and appointed officials?” Big spending politicians, crony capitalists and related special interests seem to be in control of Alaska’s fate as we close out this week.  

3-10-17 Crony Capitalists Exert Unwarranted Influence

Please scroll down for today's crony capitalist commentary Today, our Aussie Oil & Gas energy analyst friend observes that, "Overnight Repsol announced an onshore discovery of 1.3 B bbls - the largest in the US for 30 years.  This follows on from similar sized discoveries in the State last year in the immediate offshore.  Unfortunately prices will likely need to solidly hold above US$50 before these will be developed in this high cost (and high tax) location."   We refer readers to the view of some that taxes do not [...]

3-7-17 Former Alaska Gas Pipeline Federal Coordinator Describes Governor’s Request For An EXCLUSIVE FRANCHISE To A Bureaucracy-Owned LNG Project

Op-Ed From Former Federal Gas Pipeline Coordinator, Larry Persily.... State signs on to cover costs of FERC contractor for EIS Larry Persily, Northern Gas Pipelines file photo by Dave Harbour By Larry Persily lpersily@kpb.us March 7, 2017   (This update, provided by the Kenai Peninsula Borough mayor’s office, is part of an ongoing effort to help keep the public informed about the Alaska LNG project.) As part of taking over sole responsibility for the Alaska LNG project, the state has signed an agreement to cover the costs [...]

2-27-17 Politicians attacking taxpayers is nothing new!

Breaking GOOD news HERE:  tax settlement improves investment climate!  North Slope Borough and ExxonMobil Alaska Production Inc. Settle Pt. Thomson Tax Appeals   Wealth takers justify their appetite for tax increases by criticizing wealth producers by Dave Harbour Just last week... ...we reported on how a hostile legislator mistreated a representative of Alaska's largest group of taxpayers.  Here's another take on the politician's hostility and her bias in favor of oil tax increase advocates. Actually, that's no surprise.   History in Alaska and throughout the U.S. and Canada is [...]

2-12-17 It’s Sunday night, the quiet before the storm

Greetings!    (Note: this was provided to our subscribers tonight via email alert.)   It's Sunday night, the quiet before the storm.   Tomorrow, the reality of Alaska's TWO critical issues will hit the fan harder than ever. First, comes a new LNG issue that changes everything...well, not everything; the project's still uneconomic.   We'll comment more on it next week.  We will also bet that tomorrow the governor, legislators, talking heads and mainstream and social media mavens will be gushing with opinions that are certain to accomplish at least one [...]

2-7-17 In Spite Of Climate Change Hoax Evidence, Politicians Profit From Climate Change Politics

CLIMATE CHANGE HOAX EXPOSED AGAIN (We say, "again", because we documented it is a hoax designed to 'Kill Capitalism'!) Mail OnLine: Exposed: How world leaders were duped into investing billions over manipulated global warming data  The Mail on Sunday can reveal a landmark paper exaggerated global warming It was rushed through and timed to influence the Paris agreement on climate change America’s National Oceanic and Atmospheric Administration broke its own rules The report claimed the pause in global warming never existed, but it was based on misleading, ‘unverified’ data [...]

By | 2017-02-11T14:17:13+00:00 February 7th, 2017|Alaska's Fiscal Crisis, Alaskanomics, Commentary, Competition, LNG|0 Comments

2-3-17 Overtaxing Is As Bad As Overfishing – Also Alaska/Alberta Fiscal Crises

Overtaxing Is As Bad As Overfishing Alaska Journal of Commerce by Andrew Jensen Dating back to before statehood, Alaskans know that overfishing is a bad thing. Stopping overfishing of salmon and regaining control of the resource was in fact one of the driving forces in the effort to become a state. What we know about sustainability of our vast fisheries resources is worth applying to yet another debate over another immense asset — our oil — and the means by which that resource is taxed. Get ready for more [...]