11-10-15 Calgary Office Market A “Bloodbath”

"Hmmm.  Who to thank at Thanksgiving?" Commentary Alaskans who don't want to learn the hard way better stop being so proud of their God given natural resources. Talk of oil tax increases at a time of low oil prices is not a good Thanksgiving message to send investors, still contemplating an LNG export project and a few exploration/development projects. Instead, Alaska might try maximizing its natural resource potential by treating investors who have cash to develop the State's resources, with courtesy and encouragement.  An attitude check on the part of citizens who [...]

By |2016-03-13T03:45:30-09:00November 10th, 2015|LNG|0 Comments

11-9-15 Former Alaska Commissioner Recommends Minimizing Gasline/LNG Risk

Our readers know that over the last year we have investigated and commented on the large risks accompanying large equity investments of public money into large energy projects. The two of which we are most concerned, are the AK-LNG gas monetization project and the Interior Energy Project. Under the 'Search Our Site' box, top right, readers can review these earlier commentaries by entering desired 'key words'. -dh Support Hilcorp's Liberty Project HERE...TONIGHT! Can Walker Find A Less Risky Way To Support Alaska's LNG Project? A former Alaska Department of Natural Resources Commissioner (DNR) [...]

By |2016-12-22T22:27:48-09:00November 9th, 2015|Commentary, LNG, You Read It Here First|0 Comments

11-8-15 Senate President Supports Alaska Governor Bill Walker’s Move To Increase Equity Ownership In AK-LNG Project

ADN Op-Ed by Kevin Meyer , Alaska State Senate President.  This past Tuesday in Juneau, the Alaska Senate endorsed (NGP Photo) Gov. Bill Walker’s request to buy out TransCanada's portion of the Alaska LNG Project, making the state of Alaska an equal owner in the largest integrated natural gas project in North America.  .   .   .   KTUU, by Austin Baird.  How The LNG Project Could Affect Alaska's Future. It is a privilege to serve as Senate president during this critical time for Alaska. I am proud of the Senate's united [...]

By |2016-12-22T22:27:48-09:00November 8th, 2015|LNG|0 Comments

11-7-15 Shouldn’t Alaska Act Like A Business As An Ak-LNG Owner?

Alaska Public Media.   One thing you heard over and over again during the special session was that the state of Alaska needs to start acting like a business. Here’s Rep. Lynn Gattis, (NGP Photo): “If we’re going to be in business and participate with business, why wouldn’t we act like business?”

By |2016-03-13T03:46:57-09:00November 7th, 2015|LNG|0 Comments

11-6-15 End of a historic week in Alaska

Our Alaska BP friend, Julie Hasquet, notes the launching this week of, "BP's inaugural, Technology Outlook.  Readers may obtain a copy here.  -dh Our Washington D.C. friend with IER, Dan Kish, notes that House democrats have filed this bill targeting an Alaska oil  & gas prohibition in Cook Inlet and the Arctic -- not to mention coal.   Founded on the religious belief in a concept called, Global Warming, the bill (i.e. called the "Keep It In The Ground Act Of 2015") is being filed as in concert with other Paris [...]

11-5-15: A Review of the November 2015 Special Session of the Alaska State Legislature

One Observer's View of the November 2015 Special Session of the Alaska State Legislature (Revised following receipt of reader comment)   Offered on this, the last day of the Special Session, November 5, 2015   Special Session Audio & Video Archives   by   Dave Harbour     As the special session called by Governor Bill Walker ended this week, we did not oppose the Legislature's decision to approve certain appropriations.  The appropriations allowed the governor to reimburse TransCanada (TC) for its expenses to date, plus interest, to "buy out" its participation in the [...]

11-4-15 Converting TransCanada’s Ak-LNG Equity To Alaska Government Interest – Great Profits Ahead Or A Risky Experiment In Socialism?

The Alaska Legislature's House Finance Committee Voted This Morning To Support A Senate Bill Approving The Buyout Of TransCanada's Participation in the Ak-LNG project. (Audio here).  Tune in live, here, for upcoming House and Senate floor sessions and press conferences. Comment:   HARBOUR SPECIAL SESSION COMMENTARIES:  11-03-15.  House Finance Committee Testimony (CA issue) 10-29-15.  Government Ownership: Mission Impossible 10-25-15. For Whom The Bell Tolls We will have more to say about this Alaska LNG government ownership policy and appropriation Tomorrow.  We believe we are witnessing a paraphrased version of what one national leader said nearly 8 years [...]

By |2016-12-22T22:27:48-09:00November 4th, 2015|LNG, You Read It Here First|0 Comments

11-3-15 Alaska’s Senate Approves TransCanada LNG Buyout As the US State Department Ignores TransCanada’s Keystone XL Request

More Critical Alaska LNG hearings TODAY.  Tune in live, here.  Decisions are about to be made! Alert: late this morning the Senate passed CSSB3001 following yesterday's approval by the Senate Finance Committee.  The measure gives Alaska's governor the LNG project appropriations he requested in spite of many legislative concerns about his handling of the project to date. Rep. Gabrielle LeDoux's angry floor speech taking Attorney General to task (We agree with her comments.  -dh)​ Here is our written testimony, provided to the House Finance Committee yesterday evening. From our Consumer Energy Alliance friends [...]

By |2016-12-22T22:27:48-09:00November 3rd, 2015|Arctic Policy, LNG|0 Comments

11-2-15 Shell’s $7 Billion Chukchi Effort A “Dry Hole”, Predecessor Mistake; Analyst Calls Chukchi Shell’s “Strategic Mistep”

More Critical Alaska LNG hearings Monday.  Tune in live, here! Find Latest LNG Updates Here News Briefs From Former Alaska Gas Pipeline Federal Coordinator, Larry Persily We appreciate comment from the Transportation Institute, represented by our longtime reader, Rich Berkowitz.  -dh This pronouncement from Shell's CEO, Ben van Beurden, is the first time I have heard mention of a "dry hole" with respect to Shell's Arctic drilling.  It is discouraging, to say the least. "In a conference call with journalists on Thursday, Mr. van Beurden said the well that Shell drilled [...]

By |2016-12-22T22:27:49-09:00November 2nd, 2015|LNG|0 Comments

11-1-15 Link to today’s Alaska LNG Legislative hearings

More Critical Alaska LNG hearings today.  Tune in live, here! AP's Becky Bohrer explains the Alaska LNG challenge that the Legislature grapples with this month in Juneau.  -dh APR, Rachel Waldholz. ​Who’s the boss of Alaska LNG? I am, Walker says.  As lawmakers close out the first week of their special session on the Alaska LNG gas line project, there’s one question in the air — why are we still here? Juneau Empire by James Brooks.  Alaska LNG project head, Steve Butt (NGP Photo) says project is on course.   KTUU by Austin Baird.  TransCanada: Alaska [...]

By |2016-12-22T22:27:49-09:00November 1st, 2015|LNG|0 Comments

10-30-15 End Of Week Alaska LNG Project News

More Critical Alaska LNG hearings today.  Tune in live, here!   Alaska Gasline Development Corporation Daily update ⋅ October 30, 2015     NEWS Alaska LNG Daily update ⋅ October 31, 2015     NEWS       Kenai Peninsula Online Neighbors weigh-in on the impacts of the Alaska LNG project Kenai Peninsula Online Nikiski resident Bill Warren gives comments to members of the Federal Energy Regulatory Committee during a meeting on the Alaska LNG project on ... Flag as irrelevant       KTUU.com Asian gas market slumps as Alaska policy makers voice support of LNG pipeline KTUU.com JUNEAU – There is [...]

By |2016-12-22T22:27:49-09:00October 30th, 2015|LNG|0 Comments

10-29-15 Legislature Undertakes Alaska LNG Project Due Diligence

More Critical Alaska LNG hearings today.  Tune in live, here! Government Ownership: Mission Impossible (Our Commentary) ADN by Alex DeMarban.  Vincent Lee, director of major project development for TransCanada, said the company learned in late spring of the Walker administration’s “strong desire” to buy the company’s interest in the gas treatment plant and the 800-mile-long pipeline. Comment: Lee represented TC well.  However, in reciting the history of TC's involvement in the Alaska gas project, he began with the 1978-79 U.S. and Canadian approvals of the so-called Alcan project, which TransCanada opposed [...]

By |2016-12-22T22:27:49-09:00October 29th, 2015|LNG|0 Comments

10-28-15 Shell Hit Again–This Time In Canada

Today's LNG Hearings and Shell's Canadian Setback (Note as you read all these items how closely related energy projects are to the economic health of our economies!  Perhaps as enviro activists and hostile local and federal governments attack energy projects in the future these case histories will cause the adults in the room to better and more loudly articulate a wiser way forward.  -dh) ADN by Pat Forgey.  Gov. Bill Walker (NGP Photo) is wondering if pension borrowing may be useful in Alaska. Under consideration are what are known as "pension obligation [...]

By |2016-12-22T22:27:49-09:00October 28th, 2015|Commentary, Keystone XL, LNG|0 Comments

10-27-15 Alaska Special Session On LNG Project Continues Today!

Here is a link allowing our readers to monitor live streaming of legislative hearings today re: the Alaska LNG project.  -dh ADN by Nathanial Herz.  Gov. Bill Walker’s (NGP Photo) administration is asking the Legislature to approve an $840,000 salary and benefits package for a public employee to work on Alaska’s natural gas pipeline megaproject. Fuel Fix by Collin Eaton.   A $32 billion operating cash shortfall and persistent low oil prices will probably force big shale drillers to announce billions in oil field impairments and spending cuts in third-quarter earnings reports [...]

By |2016-12-22T22:27:58-09:00October 27th, 2015|LNG|0 Comments

10-26-15 Alaska LNG Legislative Struggle

What do you think Alaska should do? Commentary by Dave Harbour Commentary: Yesterday a friend from Canada called after reading our rare, Sunday email alert.   Earle said, after watching some of the Alaska special legislative session weekend meetings on line, "Looks like your politicians have gotten themselves in over their heads.  What would you do, Dave"? Of course, Earle was referring to the state's fiscal crisis: the $3-4 billion annual deficit; the diminishing Trans Alaska Pipeline throughput; billions in unfunded state employee pension liability, and the out of control spending by a [...]

By |2016-12-22T22:27:58-09:00October 26th, 2015|Alaska Taxes, Commentary, LNG|0 Comments
Go to Top