6-29-20 Letter to the “Father Of The Ill-Begotten Fair Share Oil Tax Proposal”

(A letter from an unemployed oil industry employee to Robin Brena, the lawyer who created a voters initiative to increase oil industry taxes.  The letter was printed by the Alaska Support Industry Alliance.) Dear Mr. Brena: I just lost my job on the Slope, and don’t know when or if I’ll get back on. I used to feel lucky that I survived the support industry layoffs that happened from 2015-2018, when more than 6,000 Alaskans lost their jobs.  I don’t feel so lucky anymore.   Because of what’s happening with [...]

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 [...]

4-9-20 A Revealing Look At The Status Of TODAY’S Oil & Gas Industry!

Below are the speaker's notes from an online presentation delivered today to members of the Alaska Support Industry Alliance.  Their thousands of employees of some 400 employers provide the muscle enabling the enormous oil, gas and mining production in America's largest -- and sole -- Arctic state. Alaska Support Industry Alliance Webinar Briefing For Members By Dan K. Eberhart, Canary LLC (Photo) (Twitter account contact: @dankeberhart) Whatever happened to “In like a lion, out like a lamb?” March has been a month many of us would rather forget. The twin [...]

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, [...]

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. [...]

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 [...]

6-20-18 The Show (Archive) Must Go On!

We've been laying low for several weeks due to shoulder replacement surgery and related issues...for which we thank readers' patience.  We're slowly repairing,  able to type a little and now focused on adding appropriate northern energy content into our searchable archives as before.  -dh BIG NEWS TODAY: Trump repeals Obama's destructive, duplicative Ocean Policy E.O.  See this letter from the National Ocean Policy Coalition below, column right.  -dh Today's Latest Northern Energy News: Oil, Gas & LNG Readers: Download the "six behaviors" below for important [...]

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. [...]

3-18-18 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 [...]

3-15-18 We Comment On Anchorage, Alaska Ballot Measures

Our Honest Opinion: Anchorage, Alaska Ballot Measures Comment: These voter issues appear on the Municipality Of Anchorage (MOA) April 3 election ballots being distributed this week by mail.  Since some of the measures affect energy companies and those affected by them, we have taken time this week to prepare comments.  Note that this is an opinion page.  While we have HONESTLY dedicated ourselves to being as factual as possible, based on the public information we have reviewed, we do -- as always -- encourage reader involvement.  You can comment [...]

3-3-18 Modern Tale of Two Cities (State/Province)

AGDC provides permit timelines, answers other questions from Senate.  Petroleum News  The Alaska Gasline Development Corp. has provided answers to questions from Sens. Cathy Giessel and Anna MacKinnon, both Anchorage Republicans, poised following a January update to the Senate Finance and Resources committees. Giessel chairs Senate Resources; MacKinnon co-chairs ... Yedlin: Oilpatch results reflect improving environment.  Calgary Herald Natural gas producers were at the opposite end of that story, however, with constrained pipeline access and a surfeit of supply keeping prices down. Even the severe winter weather wasn't enough to lift natural gas prices, which speaks to the fact the [...]

By |2018-03-04T02:09:31-09:00March 3rd, 2018|AGDC, Alaska's Fiscal Crisis, Alaskanomics, Canadian Energy Policy, Control Government Spending, Global Warming|Comments Off on 3-3-18 Modern Tale of Two Cities (State/Province)

2-15-18 BC-Alberta Pipeline Tensions Rise – Let’s Not Forget Alaska Either!

Danger Stranger by Dave Harbour Why are government officials in Alaska, Alberta and British Columbia so engaged in efforts to control utility/pipeline projects?  A.  Because that's where the money is (Ref: W.H.).  Ratepayers, Taxpayers, Citizens beware the elected elite and bureaucracy! DANGER-STRANGER We urge critical thinking Alaskans to be especially alert to utility/pipeline games.  With declining economy, unions and government workers, some utilities and compliant politicians (i.e. and croney capitalist businesses dependent on the foregoing) will naturally want to keep their constituencies WHOLE at the expense of [...]

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, [...]

1-19-18 Alaska and Alberta: Resist Socialism!

Nicolas Maduro, Venezuela's socialist (i.e. communist) dictator. Comment: We continually urge Alaska and Alberta to control spending and taxation.  The two oil supported governments should resist the move toward socialism which unsuccessfully manages economies, kills economic growth, produces run-away unemployment and inflation and results in dictatorship and loss of freedom.  Following is an example of an oil-fired economy ruined by socialist dictatorship.  -dh Looting of food stores spreads in Venezuela as inflation tops 2600%.  Things are going from bad to worse in Venezuela as growing food shortages are [...]