9-10-2021 Historical Days: Prudhoe Bay Lease Sale & 9-11

Today in 1969, Alaska conducted the great Prudhoe Bay Lease Sale, over a year after the behemoth oil & gas discovery on the state's North Slope.  Full Story HERE.  Here is our 2020 comment.   *     *     * Tomorrow, the whole country commemorates the twentieth anniversary of the terrorist attack in New York City of the World Trade Center.  (Another Day of Infamy) *     *     * My great brother (Photo-right, with author), Vietnam Vet Marine Doug Harbour, founded the Tri State 9/11 Remembrance Parade & Ceremony...in [...]

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 [...]

3-18-2021 Big & Challenging China Meeting In Alaska Today Likely Affects Alaska & US (& Australia, Canada, India, Korea, Japan, Taiwan, Etc.) Energy Policies

Ted Talk: A 2018 Australian Perspective On China We ask ourselves: "Is there another path toward ultimate peace without demanding appeasement by/from either party?"  You be the judge.  -dh Advice To US Diplomats Meeting With Chinese Counterparts In Anchorage Today: Learn From The Past  Be aware that the July 27, 1953, Korean War Armistice was not a treaty.  Technically, we are still at war with two determined communist allies: China and North Korea. Be aware that a senior Chinese leader visited Alaska during Governor Sean [...]

2/24/21 Ben Stevens Accepts New Role With ConocoPhillips

Governor Dunleavy Congratulates Ben Stevens on New Position   February 24, 2021 (Juneau) – Governor Mike Dunleavy is announcing that Chief of Staff Ben Stevens will be leaving the administration to become the new vice president of external affairs and transportation at ConocoPhillips Alaska. Mr. Stevens last day in the governor’s office will be announced soon.   “I want to thank Ben for his hard work and service to the State of Alaska the past two years. His knowledge and political acumen have been an asset to the administration and [...]

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1-22-2021 Alaska’s Governor Reacts To Biden’s ANWR Shutdown Decision

Governor Dunleavy Issues Statement on Biden’s Halt of ANWR Development   Alaska Governor Mike Dunleavy Alaska Governor Mike Dunleavy issued a statement on President Joe Biden's decision this week to halt oil and gas activities in the Arctic National Wildlife Refuge (ANWR). The decision follows the historic lease sale held on January 6, 2021. Today’s announcement to shut down development in the Arctic National Wildlife Refuge (ANWR) should come as no surprise. As a candidate, Joe Biden campaigned on stopping oil and gas development on federal lands. Make [...]

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 [...]

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 [...]

1-10-2020 Thar’s Gold In Them Thar Hills! … Gold and Oil are Geese That Lay Golden Economic Eggs

NEWS BULLETIN January 10, 2020 --- Vol. 26, No.03 January 2020 Readers, this is a complimentary copy of today's bulletin that is normally sent only to our paid News Bulletin Service subscribers. The bulletins are emailed periodically with the latest breaking major news, often uncovered by Petroleum News staff OR breaking news that we have been given exclusive early access to. To subscribe to our News Bulletin Service please reply to this email and at a rate of $3.39 per week we will include you for 1 or 2 [...]

11-30-19 RDC Conference Touts O&G. Mining, Tourism, Ocean Policy, Forestry Opportunity

Alaskanomics's Blog The 40th Annual Alaska Resources ConferencePosted: 29 Nov 2019 03:37 PM PSTLast week, the Resource Development Council (RDC) hosted its 40th Annual Alaska Resources Conference in Anchorage. The event is the chance for leaders from the tourism, fishery, oil and gas, mining, and forestry industries to come together and share highlights and frustrations from the past year and look forward to the coming year.Overall the presenters and attendees were optimistic about the future of the resources industries in Alaska. There were concerns due to the tariffs being raised on fish, timber, [...]

11-16-19, NORTHERN ENERGY HISTORY: Exxon’s Important North Slope Position Includes Prudhoe Bay AND Point Tompson!

Producers 2019: Exxon pursuing two fronts Operator’s ultimate goal at North Slope Point Thomson unit is marketing 8 Tcf of natural gas Kay Cashman Petroleum News Caribou on oil industry gravel pad. Five feet above the mosquito infested tundra decreases mosquito caused mortality among spring-born calves. -dh One of the earliest explorers in Alaska and one of the primary working interest owners on the North Slope, ExxonMobil did not embark on the $4 billion Point Thomson development just to produce 10,000 barrels of condensate a day. Production [...]

11-8-19 Governor Mike Dunleavy Returns From Natural Resource Trade Mission To Japan

Governor Dunleavy and First Lady’s Trade Mission to Japan.  ENERGY was in the spotlight! November 7, 2019 (Anchorage, AK) – Governor Michael J. Dunleavy and First Lady Rose Dunleavy today returned from their first trade mission to Japan dedicated to promoting Alaska’s abundant natural resources. On Tuesday, November 5, Governor Dunleavy spoke at the Alaska Seafood Marketing Institute Seafood Trade Luncheon to an audience that included representatives from the major seafood companies operating in Japan and Alaska.   “Alaska’s fisheries management is the gold standard of sustainability, a model for [...]

11-2-19 Is Alaska’s Economy Finally On the Move!?

Third Quarter Alaska Employment Numbers Commentary: The good employment news below is all about a dynamic Alaska oil industry on the cutting edge of new technology.  Longtime Alaskans know that oil not only supports industry jobs, but pays the lions share of government budgets that also fund education, public works, public safety and infrastructure for retail, tourism and commercial fishing industries and JOBS!  We're even pleased to spot signs of a new LNG project for commercializing Alaska North Slope gas.  But a lawyer is a major sponsor of a voters [...]

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 [...]

3-26-19 Alaska Governor Michael Dunleavy Works to ‘Bring Home the Bacon’ From CERA Week!

Michael J. Dunleavy in Special Dialogue... Dan Yergin, NGP file photo, by Dave Harbour (NARUC). ...with Dr. Daniel Yergin, Vice Chairman IHS Markit 24:19.  (Note: Your publisher first met Dr. Yergin in the 1970s when the latter was a rising star in the energy/environmental consulting field.) Report: On Friday, March 22, 2019, Alaska Governor Michael J. Dunleavy addressed a crowded room at the international energy conference known as CERAWeek, an annual gathering in Houston, TX attended by more than 4,500 individuals from over 70 countries and regions. [...]

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