Troublesome Alaska Gas Pipeline/LNG Issues Involve the Saving/Losing of "Face" Opinion by Dave Harbour Understanding Asian culture and customs is critical for creating durable Asian business relationships Alaska has historically enjoyed business relationships with various Asian countries, including China, the Republic of Korea (ROK) and Japan. These relationships have traditionally evolved among private buyers and sellers of Alaska's natural resources, including minerals, liquefied natural gas (LNG), timber and seafood products. In some of these cases, government officials have used their 'bully pulpits" usefully: to diplomatically support these transactions, but [...]
Alaska’s Imprudent LNG Project Reader question: Should Alaskan Politicians Align Their State's Future With Communist China's -- or, instead rely on free enterprise development of Alaska's natural gas transportation system--WHEN IT BECOMES ECONOMICAL? Scroll down to answer in comment section. By Dave Harbour (NGP authorizes reprint of its editorials with condition that links be provided to such reprints.) As my kids would might say, it blew my mind this week when China’s news blog, Xinhua, announced, “The Alaska Gasline Development Corp. (AGDC) said on Thursday that it has signed [...]
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 [...]
3-7-18 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 [...]
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 [...]
Global Warming Opinion From Our Mid-Atlantic Energy Analyst: Given the odd pattern of the holiday weeks, we forgot until today about Euan Mearns’ Blowout Week, which we generally link. http://euanmearns.com/blowout-week-208/#more-20518 Given the weather for the northeast quadrant of the U.S. this week (the high here today was 12 degrees, and snowing hard in Geauga County), our two favorites deal with ongoing predictions of global warming. On the one hand, GLOBAL WARMING (GW) is causing ongoing record snowfalls: Reuters: Climate change driving record snows in Alaskan mountains The study by researchers from Dartmouth College, the [...]
Trump's EPA Could Open Door For Alaska Gold And Copper Mine. A proposed gold and copper mine in Southwest Alaska is one step closer to becoming a reality this week: On Monday the company behind Pebble Mine announced a new investor. Second big Pebble announcement: Permit application on Friday. Just days after Northern Dynasty Minerals of Canada announced it had brought on a major partner, the company today says it has final paperwork ready to file for a major permit… Alaska And The Nation Will Now Have ANWR Support For America's New [...]
TODAY WE ARE VERY PROUD OF THE EPA AND HERE'S WHY! And Today ... ...we draw reader attention to the enormous waste of money called the Alaska LNG Project. Tomorrow ... Alaska Governor Bill Walker. Northern Gas Pipelines photo by Dave Harbour ...we will draw attention to the enormous waste and foolish decision making accompanying the subsidized, so-called Interior Energy Project: a misguided and uneconomic effort to provide 'affordable' gas to the Fairbanks area. What do the two projects have in common: Alaska Governor Bill Walker, their biggest advocate! [...]
Walker says state won't put more money into Alaska LNG. Mat-Su Valley Frontiersman. ANCHORAGE — Alaska won't put more money into promoting the big AlaskaLNG Project until firm commitments are made by customer.... Alaska North Slope Iñupiats Support Reasonable Development of the Arctic National Wildlife Refuge (ANWR) Point Hope, AK – Voice of the Arctic Iñupiat (VOICE) announced its support for opening the Arctic National Wildlife Refuge (ANWR) to drilling. The board of directors passed the resolution officially backing safe and responsible development in the refuge, specifically the 1002 coastal plain area, that represents eight [...]
9-8-17 Alaska’s Government Owned LNG Project: Now Is Not The Time (Nor will it ever be for a bureaucrat-directed, politically risky socialist pipeline)
Mike Navarre. Northern Gas Pipelines Photo by Dave Harbour COMMENTARY: RESPECTING THE KENAI PENINSULA BOROUGH Larry Persily, former federal coordinator of the Alaska gas line projects office, currently serves as Chief of Staff to Kenai Peninsula Borough Mayor Mike Navarre. We have always respected both of these individuals. No one has more to gain than they do from a successful Alaska LNG project that is currently designed to terminate in their Borough. The employment, tax and general economic benefits of such a project would be enormous. But [...]
Homer Tribune In a recent ruling, the U.S. Internal Revenue Service determined the Alaska Gasline Development Corp. qualifies as a tax-exempt political subdivision ...
Tax exemption for AGDC Petroleum News As a political subdivision, AGDC will not be subject to federal income tax, the corporation said, and can issue tax-exempt debt. The expectation is that ... AGDC reports progress in attracting interest to gasline Alaskajournal.com Accordingly, AGDC has also set up a data room for potential customers to examine the technical design and environmental information on the project ...
As we end the week: Good News From Petroleum News Alaska BP to expand four Prudhoe Bay pads 08/06/2017 (Trouble viewing this article? Click here) BP Exploration (Alaska) Inc. wants to expand four existing drilling pads at the Prudhoe Bay unit to improve drilling rig access to existing wells at the onshore North Slope unit. In four separate requests in mid-July, the company asked state oil and gas officials for permission to add 0.9 acres to.... Conoco earnings rise 08/06/2017 (Trouble viewing this article? Click here) ConocoPhillips Co. reported adjusted earnings of $167 [...]
MORNING HEADLAMP: A TALE OF TWO WALKERS – BEST OF TIMES, WORST OF TIMES (Please note that this 7:35 p.m., EST version replaces an earlier, unedited draft. -dh) Why Fox News' Initiative To Properly Portray Alaska's Size & Location Is Important To Alaskans ... And, To All Americans Commentary by Dave Harbour Fox's improved North American map more accurately contrasts Alaska's size, position and importance relative to the Lower 48 states. 7-29-17. -dh Caribou on oil industry gravel pad. Being five feet above the mosquito infested [...]
Today President Trump announced to an admiring crowd in Warsaw that Poland should not be dependent upon a single source of energy. As the President leaves Poland for Germany -- and a demanding G-20 summit -- he leaves behind a legacy of warm cooperation. That legacy on the one hand includes Poland's continuing commitment to NATO and on the other hand a US commitment to provide an alternate fuel supply of LNG as well as a missile defence program. See related stories below. -dh (Photo: President Trump in [...]