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 ...
Alaska's Flag Markets Daily, by Michael Walen on Aug 7th, 2017. State of Alaska Department of Revenue increased its stake in Cheniere Energy, Inc. (NYSE:LNG) by 135.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,095 shares of the energy company’s stock after buying an additional 4,080 shares during the period. State of Alaska Department of Revenue’s holdings in Cheniere Energy were worth $345,000 as of its most recent filing with the SEC. Keystone [...]
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 [...]
Committee Passes Bill to Improve Transparency, Management of Federal Land Ownership Comment: Since the majority of federal land is within Alaska, the 49th state could be a major beneficiary of legislation to inventory federal land assets. -dh WASHINGTON, D.C. - Today, the House Committee on Natural Resources passed H.R. 2199, the “Federal Land Asset Inventory Reform Act of 2017” or the “FLAIR Act.” Introduced by Rep. Kevin Cramer (R-ND), the bipartisan bill requires the Department of the Interior to create a publicly available register of federal real property to increase [...]
Murkowski Welcomes Nomination of Joe Balash for Key Role at Interior Members Discuss Bills to Bring Much Needed Reforms to the Endangered Species Act Varcoe: New BC energy minister faced with rekindling Canada's bold LNG dream Prospects For Exporting Alaska LNG? Reference: U.S. LNG exporters could lose money for years, analysts say, Price competition holding back Canada’s LNG export hopes, Exxon drops plans to develop 46 tcf gas field offshore Indonesia (Links from Larry Persily) Is Gas To Liquids In Alaska's Future (Scroll down)? TODAY: HOUSE COMMITTEE MOVES TO IMPROVE MINING [...]
7-17-17 Having A Competent Governor Is Critical To 1) Balancing the Budget, and 2) Attracting Investment & Jobs
7-17-17 = WHAT A LUCKY DATE TO ANNOUNCE A GUBERNATORIAL CANDIDACY -- FOR A PRO-FREE ENTERPRISE, PRO NATURAL RESOURCE DEVELOPMENT, PRO FAMILY, PRO DISCIPLINED GOVERNMENT SPENDING LEADER WITH EXTRAORDINARY SKILLS AND COURAGE! Mike Dunleavy files for governor Suzanne Downing July 17, 2017 Alaska News, Politics 8 Comments Senator Mike Dunleavy, Candidate for Governor of Alaska Sen. Mike Dunleavy of Wasilla filed a letter of intent with the Alaska Public Offices Commission today to run for governor. He is a Republican. Dunleavy, who represents District E, left the Republican caucus earlier this spring after breaking with [...]
A Memo Does Not An Energy Project Make, according to Paul Jenkins who provides this viewpoint in an ADN op-ed piece this weekend. -dh Memo to: bla, bla, bla. Non committal. Bla, bla. With conditions. Bla, bla. If economically feasible. Bla, bla. We'd love to have Alaska gas under the right economic conditions. Bla, bla. Assuming pipeline/LNG tariff and taxes and producer prices are acceptable to us. Bla, bla.... "This project is Alaska's get well card," bla, bla.... Reading the breathless news that Korea Gas Corp. [...]
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 [...]
Continued Today From Our 6-19-17 Posting: BP’s Global Energy Review Damian Bilbao, BP Alaska Exploration, Inc., Global Energy Review 2017 Stay tuned for more on Damian Bilbao's presentations yesterday to the Anchorage Chamber of Commerce and the World Trade Center-Anchorage on BP's Statistical Review. -dh Energy markets in transition: BP Statistical Review shows long-term shifts underway Strong oil demand and weaker supply growth rebalance oil markets; inventories continue to weigh on oil prices Energy mix shifting; rising renewable energy offsetting steep falls in coal use Carbon [...]
2017 BP Energy Report - Briefing & Reception - 6-26-17 - Anchorage | World Trade Center Members (BECOME A MEMBER) Mark Finley. Northern Gas Pipelines file photo by Dave Harbour BP's Market Expert Returns to Alaska This Month For Much Anticipated Global Energy Review BP's General Manager of Global Energy Markets, Mark Finley, will be briefing Alaskans again this month on the company's outlook for energy markets. We've attended his appearances over the years and encourage readers to hear Mark's review at one of his appearances. [...]
State open season for AK LNG Project. It’s open season for the Alaska Gasline Development Corp. That’s not to be confused with open... Read More Alaska LNG Project Open Season Observations by Dave Harbour After reviewing the story above, our critical thinking readers will no doubt be wondering if the term "open season" applies to a normal pipeline expansion or new pipeline process conducted by sponsors with shareholder skin in the game vs. the most expensive pipeline/LNG project in history, owned by a fiscally irresponsible state government, administered by temporary bureaucrats, approved/curtailed [...]
Kenai Peninsula Borough, Alaska Oil and gas news briefs for June 15, 2017, Courtesy of Larry Persily, Kenai Peninsula Borough, Ak No boost yet from new pipeline for North Dakota oil price (EnergyWire; June 14) - The Dakota Access pipeline hasn't boosted the price for oil in its namesake state, at least during its first 12 days of operation, North Dakota's top oil regulator said. The controversial pipeline, which is big enough to carry more than half the oil produced in the Bakken Shale formation, is [...]
6-12-17 Does The White House Really Think Alaska LNG Is Currently Competitive In The Lower Cost/Low Price World Of LNG Competition?
...LNG news links from our friend, Larry Persily, former Federal Coordinator, Alaska Gas Pipeline Project: Commentary: A proposed Alaska LNG export terminal would be located at the end of an 800 mile Arctic gas pipeline. This scheme to monetize huge volumes of Alaska North Slope "stranded" gas (i.e. 35 Tcf) is a well intended pipe dream that could come true someday. But TODAY it competes with worldwide tidewater projects in a low gas price environment. Competing projects from Qatar to Russia, Australia, Indonesia, Canada and the Gulf [...]
Wednesday Interior Secretary Zinke created a historic milepost for Alaska Interior Secretary Ryan Zinke. File photo by Dave Harbour, Northern Gas Pipelines ; yesterday, we saw the president place an equally historical achievement on the world stage Commentary by Dave Harbour Wednesday's action by new Interior Secretary Zinke to unwind harmful Alaska energy policies and signal that "Alaska is open for business" took careful study and courage. Likewise, President Donald Trump's Rose Garden presentation on the Paris Climate Change Accord could only have been delivered by one who both understood [...]