6-19-16 Alaska’s Governor Calls 5th Special Session

Bill Walker, Governor of Alaska. NGP file photo by Dave Harbour. Commentary: This afternoon, Alaska Governor Bill Walker called for a 5th Special Legislative Session to deal with the State's fiscal crisis: Here is the proclamation.     ///     See his video press conference here. We believe Walker may also be creating for himself a political crisis, for several reasons: The proclamation puts back on the table all of the most controversial issues rejected during earlier sessions: Use of the state's permanent fund earnings for government operations and a broad [...]

5-17-16 Daunting Federal OCS and Oil State Budget Challenges

From Dan Kish at the Institute for Energy Research comes this comment (i.e. below left) on the federal government's consideration of its 2017-2022 5-year leasing plan.   The IER analysis carefully addresses nationwide concerns about access to federal lands/waters for energy exploration and production.  Since Alaska is such a huge component of federally managed OCS  resources, IER correctly recognizes Alaska's potential:  ...there has been far greater leasing in the Gulf of Mexico than the Alaska OCS and as a result the reserve estimates have nearly sextupled in the Gulf of Mexico while remaining [...]

6-15-16 BP’s Statistical Review Of World Energy Continues to Impact Energy Dialogue

ACTION ALERT Five-Year OCS Lease Sale Plan, deadline tomorrow! PLEASE RESPOND TODAY: HERE'S HOW BP's Annual Statistical Review of World Energy.  A week ago, we drew a number of conclusions from BP's annual statistical energy review, linked here if readers missed it.  Below are other perspectives our readers will appreciate, though the writers didn't focus as much attention on the serious financial impact alternative energy subsidies pile onto family and business consumers worldwide. The BP report paints a realistic world portrait of energy price and demand volatility: the enormous energy supply [...]

6-10-16 New Worldwide Energy Report Highlights Need For Competitive — Not Predatory — Government Policies

Keith Meyer, President, Alaska Gasline Development Corporation Alaska must not be facing a 'fiscal crisis' after all.  With HH gas less than $3 and some renegotiated Asian LNG gas deals in the $5 range and Alaska LNG sold in Asia needing 100-150% higher landed prices than that, here is the latest headline from the Alaska, government-owned LNG project company, AGDC: "New AGDC president to make half million dollars a year...."  Socialism may not yet be in full bloom on the Last Frontier...but its Alaska spring sprouts now range from pipeline/tanker [...]

6-3-16 NEB Breathes Life Into Mackenzie Project – Alaska’s Fiscal Crisis Unresolved

One of Earle Gray's books.... CBC News.  The National Energy Board is giving Imperial Oil until the end of 2022 to start building the Mackenzie Gas Project.  ...  Previously, Imperial Oil and its partners had until the end of 2015 to begin building the 1,196-kilometre, $16.2-billion pipeline. ... Lisa Schmidt, a spokesperson for Imperial Oil, said in an email ... the project participants "remain hopeful that they can assist in the development of Canada's significant northern gas resources.  This extension will allow time to assess whether changes in the North American natural gas [...]

6-2-16 Will free market compromisers become free market defenders … or not?

Sowell: Socialism for the uninformed Added by Thomas Sowell on June 2, 2016.  Saved under News & Commentary By Thomas Sowell Socialism sounds great. It has always sounded great. And it will probably always continue to sound great. It is only when you go beyond rhetoric, and start looking at hard facts, that socialism turns out to be a big disappointment, if not a disaster.  More... To Elected Officials In Times Of Shortage, Increasing Taxes On The Few Is Easier Than Cutting Benefits Of The Many Commentary [...]

5-23-16 By Increments We Can Lose A Nation’s Liberty

Energy Is The Very Foundation Of North American Freedom Eco-socialist Strategists Know That The Means, Transportation and Distribution of Energy Production Can Come Under Their Control Via Government Expropriation And/Or Regulatory Power by Dave Harbour Today we ask our readers to recognize the dots that connect socialism and eco-activism to the undoing of free energy markets and freedom itself. We will demonstrate why this transformation is not merely the natural swing, back and forth, of a political pendulum. Our readers can surely agree that: Freedom can be eliminated by eliminating free enterprise. [...]

5-7-16 Old Canadian/US Softwood Issue Resurfaces

Old Softwood Issue Resurfaces: Could Affect Alaska; Will Affect Canada We continuously try to 'connect the dots' for our readers! by Dave Harbour We drew attention to the US/Canadian controversy over softwood lumber trade agreement issues years ago, as it affected an Alaska to Midwest gas pipeline (8/2001, 11/2001, 3/2002, 4/2002, 5/2002, 8/2002, 11/2002, 2015) The softwood  issue surfaces again as BC Premier Christy Clark interprets Presidential candidate Donald Trump’s remarks about NAFTA, poor trade deals and stopping illegal southern border immigration to softwood issues. Bear in [...]

Alaska And Alberta Struggle To Save Oil Patch Economies – Scroll Down For Today’s Commentary, “U.S. & Canadian Environmental Laws/Regs Have Moved Beyond ‘Reasonable’ To Becoming Weapons Against Capitalism”

Calgary Herald/CP.  Canada’s environment minister won’t say if the country can meet its climate change commitments and at the same time green-light new pipeline projects.  Catherine McKenna told reporters.... Larry Persily, former Alaska gas pipeline federal coordinator. NGP Photo. See Larry Persily's just released energy links, mostly dealing with Alaska's LNG competitors.  Meanwhile, we urge readers to absorb the wisdom in the AK-HEADLAMP report below: Increasing oil & gas taxes in a low price or any environment is not a strategy that will attract investment [...]

Help Hilcorp Today!

Hilcorp Alaska, LLC is currently pursuing the necessary permits and authorizations to develop the Liberty reservoir several miles offshore the central North Slope.  The first major step in this process is the approval of the Development and Production Plan (DPP), which Hilcorp recently filed with the Bureau of Ocean Energy Management (BOEM). BOEM has extended the public comment period on the preparation of a draft environmental impact statement (DEIS) to Monday, March 28, 2016.    Click here to provide comments. Then click on the "Comment Now" button. [...]

Exxon To Increase Reserves On African Continent

Wall Street Journal by By BRADLEY OLSON, DANA MATTIOLI and SHAYNDI RAICE.  Exxon Mobil Corp. is in advanced talks to acquire a stake in a giant Mozambique natural gas development project from Italy’s Eni SpA, a sign that major oil companies are again hunting for deals after energy prices crashed in 2014. The acquisition could be announced in coming weeks, according to people familiar with the matter. Terms of the deal aren’t clear, but one person indicated Exxon is in talks to buy a stake of around 20% from Eni, which owns 50% [...]

By |2016-12-22T22:27:31-09:00March 25th, 2016|Competition|0 Comments

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 [...]

3-20-15 Alaskan and Canadian Energy Investors Face a Competitive New World

See this week's Petroleum News, just released. Compared to Russian and Canadian Arctic energy initiatives, U.S. efforts are pathetic.  Russia's Arctic power could well influence competitive factors discussed below in ways detrimental to the world's democracies.  Read more....    -dh  Decision makers: look below, and ignore the competitive, new, worldwide oil & gas market at your own peril and at the risk of removing opportunities from your succeeding generation of young, hopeful, ambitious children that you and your friends enjoyed.  -dh Today, an energy analyst friend privately opines on natural gas pricing, [...]

By |2016-12-22T22:28:32-09:00March 20th, 2015|Arctic Policy, Commentary, Competition, LNG, Reader Comment|0 Comments
Go to Top