11/9/19 Fairbanks Utility Wants To Buy LNG Facility But Is The Whole Deal Financially Feasible? We’ve Never Thought So.

Credit: http://www.thedailysheeple.com/the-west-is-on-the-wrong-path_082014 Commentary: With fuel oil prices low and the true cost of serving too few natural gas customers being high -- would enough oil-heated homes convert to gas to make the Interior Energy Project feasible?  Gas rates to customers are subsidized, and artificially low.  How can the repayment of loans to AIDEA be guaranteed?  Meanwhile, the cash-strapped state could be investing the several hundred million going to Fairbanks subsidies for market-based income.  That means the rest of the state at a time of budget shortfalls is subsidizing [...]

1-16-19

Henderson Rigs Dreams Big Not an ad.  This is from a newsletter that we believe will interest our readers. In April of 2016, we leased our first 5,000 square foot facility and were in the process of applying for our own API Q1 license. For the previous three years, we’d been growing the business very carefully, while focusing on providing our customers a very unique and satisfying experience. Today, we employ nearly200 full-time employees, occupy more than 200,000 square feet of warehouse and workshop spanning five facilities across thousands of miles, [...]

By |2019-01-16T09:46:48-09:00January 16th, 2019|AGDC, AIDEA, Interior Energy Project (IEP), Uncategorized|0 Comments

12-14-18 A Citizen’s View Of The Two Alaska Gasline-LNG Projects

AK-LNG & ASAP: A Citizen Considers the Risks of Continuing Government Ownership by Dave Harbour How would you cope with the smorgasbord of problems/challenges Mike Dunleavy, assumed upon being sworn in as Alaska's Governor in early December? Alaska Governor Mike Dunleavy Some of the challenges blocking Alaska’s road to economic recovery -- and obscuring its natural beauty -- include: a fiscal crisis and annual budget deficits, billions in state employee unfunded pension liability, the highest unemployment rate in the nation, growing crime, an amazingly burdensome array of [...]

8-23-18 China Sends Alaska LNG Conflicting Signals & ALASKANOMICS

(We are grateful for the effort former Alaska Gasline Federal Coordinator, Larry Persily (Photo), devotes to consolidating LNG news relevant to Alaska.  It remains available and searchable in our archives, thanks to him.  -dh) Oil and gas news briefs for Aug. 23, 2018 China sends confusing signals for tariffs on U.S. LNG, crude oil (Radio Free Asia; Aug. 20) - China has sown confusion in international energy markets after reconsidering plans to slap tariffs on U.S. crude and liquefied natural gas. The conflicting signals reflect Beijing's uncertainty about the [...]

8-20-18

Finally, Alaska politicians may realize that a state government risks much by trying to negotiate fairly with ChiComs.... China Reportedly Probed Alaskan Networks Ahead of Governor's Trade Mission  Government Technology.  The state's Department of Natural Resources is a key state agency involved in the Alaska LNGproject that helps oversee the oil and gas industry. Story from Alaska Public Media by Rashah McChesney. ... (Priscilla Moriuchi is)  the Director of Strategic Threat Development and supervises the team at Recorded Future that put out a report on the surveillance. The report details evidence that computers at Tsinghua University [...]

8-13-18: DOI Set To IMPROVE Operation of Endangered Species Act for Species & Citizens … China Says Alaska LNG Deal In Doubt

  Op-Ed: At Interior, We’re Ready To Bring The Endangered Species Act Up To Date Dep. Secretary of the Interior David Bernhardt The Washington Post Aug. 9, 2018 A modern vision of conservation is one that uses federalism, public-private partnerships and market-based solutions to achieve sound stewardship. These approaches, combined with sensible regulations and the best available science, will achieve the greatest good in the longest term. Last month, the Trump administration took this approach to bringing our government’s implementation of the Endangered Species Act into the 21st century. [...]

8-2-18 Today’s Alaska LNG Project Realities

Today's Alaska LNG Project Realities Sinopec drops interest in managing AK LNG construction Alaskajournal.com The company has dropped its interest in managing construction of the Alaska LNG Project after traveling the 800-mile route through the state in May. LNG projects ramp up in response to growing market Alaskajournal.com Qatar plans to expand its LNG capacity by 23 million tonnes by 2023 ... Much closer to Alaska, Shell and its partners in LNGCanada are expected to ... OPINION: Trump is playing to win. Are Republicans? Alaskajournal.com The possible impact on the ultimate price of the Alaska LNGProject has been tossed around as [...]

7-24-18 PipeCo Says No; Borough Says Yea To Pipe Terminus

That's a fine kettle of fish! A pipeline says no and the local government says yes.  Our thanks to Larry Persily for this report AGDC says Port MacKenzie ‘not feasible’ for LNG termina Larry Persily. Northern Gas Pipelines photo by Dave Harbourt By Larry Persily paper@alaskan.com July 23, 2018 TheSeveral months of additional review did not change the opinion of the state’s North Slope natural gas project development team that Nikiski is a better site than the Matanuska-Susitna Borough-promoted Port MacKenzie for a multibillion-dollar gas liquefaction plant and [...]

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: [...]

5-30-18 Alaskans: Unite TODAY – Canadians: This Is What We Must Do On BOTH Sides Of The Border

Rally The Troops TODAY! One of Alaska's most dedicated pioneer patriots, and a dear friend (Photo, Carl Portman), has written us this heartfelt CALL TO ACTION.  PLEASE RESPOND AND MEET TODAY IN DOWNTOWN ANCHORAGE if you are in the state's largest city.  If not, register your opinion by commenting at the Department of Interior link found here, today, before you forget!  -dh Dave: As a lifelong Alaskan raised in Fairbanks, I flew up to the “Golden Heart City” yesterday to present personal testimony supporting proposed lease sales on the coastal [...]

3-7-18 Alaska has a deficit budget and fiscal crisis but pours money into socialized, uneconomic energy projects!

Government subsidized Fairbanks natural gas scheme plods on... ...with insufficient customer base, insufficient long term gas supply, high cost barriers to fuel oil/gas conversion. This is one of two large,  socialized, Alaska energy projects that politicians continue to subsidize in the midst of a fiscal crisis highlighted by deficit budgets.  Neither the AGDC nor the IEP natural gas projects would now be burning cash if they were controlled by prudent, free market investors.  See references, below.  -dh LNG tank construction a sign of progress for Interior gas project (IEP),  Alaskajournal.com,   Backhoes are back [...]

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 [...]

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 [...]