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.  [...]

1-3-19 Shell Leads Big Canadian LNG Project

Comment: Alaskan investors have have been trying to engineer an economically feasible, North Slope LNG export project for over 40 years. British Columbia, also has LNG fever.  It struggles with a half dozen economically feasible export schemes -- occasionally confounded by Aboriginal claims, environmental activist obstruction and now, low LNG prices flowing from depressed world economies and a plethora of competitive LNG projects (See CBC review below). Unlike Alaska, the overwhelming majority of worldwide LNG export projects do not carry the burden of having to finance an 800 mile [...]

8-6-18 Alaska LNG Project Hires A New External Affairs Executive

AK losing ANWR $ BY CRAIGMEDRED ...The 49th state’s share of anticipated revenues from the Arctic National Wildlife Refuge (ANWR) is on the verge of being slashed by what could be close to $1 billion, and the state’s top elected officials seem strangely quiet. ...last year’s GOP-led tax cut that included a 50-50 state split of future ANWR royalty revenues ...U.S. House Committee on Appropriations approved a fiscal year 2019 Interior and Environment Bill that cut Alaska’s share of  ANWR royalty revenue to 47 percent. The other 3 percent is to be [...]

7-23-18 Fairbanks Gas Supply Competition

Most Relevant News For Our Readers Public Comments Due For Donlin Mine's Reclamation And Closure Plans Public comments are due for the proposed Donlin mine’s reclamation and closure plans. AK: The journey of Alaska’s go-to man in China Alaska’s does $1 billion dollars worth of trade with China every year — it’s the state’s largest trading partner. State officials: Ballot Measure 1 will make some construction projects impossible Ballot Measure 1 is intended to boost protections for salmon, but a series of state officials told lawmakers Friday… AGDC President: [...]

7-20-18 Alaska’s Socialist LNG Export Project

What about competitive position of the Alaska LNG idea? The greatest, current competitive failing of the Alaska government LNG project -- aside from its crippling socialist model -- is that its competitors do not have to include the cost of an 800 mile arctic pipeline into the financing plans of their near-tidewater LNG projects.  In addition, most of the competition has better labor costs, better logistics, better climatic conditions, and better investor owned management incentives, discretion and market-place reaction times.   -dh Today's Alaska LNG News and Our Comment: [...]

4-7-18 Canadian Liberals To The Rescue? Amazing Chutzpah!

Canadian liberals and their pro-anarchy, anti-pipeline, enviro-activist allies caused the death or delay of multiple pipeline modes capable of marketing Canadian oil & gas.  Now, with the economy crashing, liberals are positioning themselves as energy transportation saviors.  What Chutzpah!  -dh Justin Trudeau defends his support for oilsands and pipelines during Fort McMurray visit.  CBC.ca.  "For 10 years Stephen Harper talked the oilsands up and weren't able to get [pipelines] done." Trudeau said he looked forward to sitting down with industry leaders later Friday to hear more about how the Liberal government can improve oil and gas regulations. [...]

3-23-18 Which is worse off, Alaska or Alberta?

Commentary by Dave Harbour Which is worse off: Alaska or Alberta? Both are controlled by liberals (i.e. socialists).  Both are dependent on fossil energy -- and the pipelines transporting it.  Both prize expanding an ever-wanting-more entitlement voter base more than a taxpayer base of wealth-creating energy investors and WORKERS.   Liberal leaders of both spend billions more than they can afford.  Both have lost thousands of taxpayer workers while keeping tax beneficiaries mostly WHOLE.  Both project a better economic day...when the current crop of political 'leaders' are safely out of [...]

3-20-18 LAST CHANCE BEFORE VOTING: A Logical Review Of Anchorage’s Utility Ballot Initiative, and An Alaska LNG Scheme Update

Our Analysis Of Proposition 10 From Last Week Proposition 10 allows the MOA to sell its Municipal Light & Electric (ML&P) utility to Chugach Electric Coop (CEA). Ray Kreig on Mike Porcaro's 3-23-18 KENI Radio Show re: author's view of ML&P sale. https://clyp.it/fhbf5swd We support an HONEST and TRANSPARENT sale of ML&P but we oppose the corrupted process leading to Proposition 10.  We will vote “No” until the MOA employs a transparent, valid, robust, national competitive bidding process (i.e. RFP or RFB) and until a super majority [...]

3-18-18 Historical Day For Alaska Tax History – CANADIAN PIPELINE SHOWDOWN!

Saskatchewan would support Alberta's decision to turn off oil taps CBC.ca.  "If the fuel tanks start to run dry because Premier Notley has turned the tap off, it won't be Saskatchewan filling them up," the premier told CBC Radio's The ... Though Saskatchewan isn't connected to Kinder Morgan's Trans Mountain pipeline, the delays in getting the $7.4 billion expansion completed are ... Analyst warns British Columbia gas prices could soon hit a record high Calgary Herald (3-20-18 Update) Q. WHAT IS A FAIR SHARE OF OIL TAXATION: THE ETERNAL QUESTION A. fair share of oil taxation is whatever the [...]

3-5-18 Alaska North Slope Gas: Irrelevant and Ignored

Alaska Senate committee takes up Walker’s bill to retire oil tax credits.  The Senate Resources Committee took up Senate Bill 176, which would have the state sell bonds to pay off the credits, for the first time Feb. 21. Alaska delegation says drilling in ANWR is at least a decade away.  It took roughly four decades for Alaska's congressional delegation to pass a law that would allow drilling in part of the Arctic National Wildlife Refuge (ANWR)…FERC grants Mat-Su Borough’s request on Port Mac.  The Alaska LNG Project appears to have just [...]

2-8-18 Much Afoot In The World Energy Arena

Larry Persily Today's Oil & Gas News Briefs Courtesy: Larry Persily Ichthys LNG partner expects further overruns on Australia project (Reuters; Feb. 8) - The giant Ichthys liquefied natural gas project in Australia, the first to be led by a Japanese company, Inpex Corp., is likely to see further cost overruns and possible delays in production, its junior partner said Feb. 8. Costs for the project, which has already been hit with multiple delays, could reach $40 billion, up from $37 billion, Patrick Pouyanne, CEO of Total, told [...]

By |2018-02-08T10:25:57-09:00February 8th, 2018|Competition|0 Comments

1-23-18 Just remember….

Just remember... Private companies when filing with FERC and other agencies -- for energy projects or just for portions of a project regulated by a particular agency -- really have to have their acts together. Among that preparation is a reasonable degree of knowledge and proof -- acceptable to the board of directors as well as convincing to the agency -- that the project is real.  The application must be solid: environmental research/safeguards (i.e. air, water, earth and flora and fauna, including birds, mammals, fish), geological, cultural, archaeological, logistic, [...]

1-9-18 PANMUNJOM SUMMIT ON KOREAN DMZ IS IN TODAY’S SPOTLIGHT! – Calling For Gas Pipeline Contractors/Operators, Ukraine! Be A Pioneer!

To our pipeline contractor/TSO friends: Kiev, Ukraine Your author serves on the board of the Export Council for Alaska.  Today we learn that the Ukrainian Government is looking for potential Gas Transportation System Operator partners. The Cabinet of Ministers of Ukraine invites potential Gas Transportation System Operators (TSO) to the preliminary consultations and discussion on possible conditions for the upcoming tender to attract potential TSO partner(s) to operate in newly created PJSC Main Gas Pipelines of Ukraine.  Here is the formal announcement.  Contact the following Commercial Specialist for additional assistance: Myroslava Myrtsalo, Commercial [...]

12-29-17 Another Pipedream Hits The Dust

Editorial Comment: Your author served as director of public affairs for the Arctic Gas Project in the 1970s, a  component of which was a Mackenzie Delta gas transportation project. Canada's National Energy Board killed that project and your author then served as advisor to the Foothills (i.e. Alaska highway route) pipeline project which separated itself from the Mackenzie project.  That project proved to be infeasible in the 1980s as did a Dempster Highway alternative for Mackenzie Delta gas (i.e. Maple Leaf project). During the 80s your author served as government relations [...]