12-4-17 We’re Back, Refreshed And Find The Alaska Gasline/LNG Challenge Remains

Suzanne Downing, Courtesy, Must Read Alaska The main Alaska gas export project obstacle is the 49th state's political leadership that believes socializing the private energy industry justifies rejection of logic, supply-demand principles and industry expertise when,"now is not the time" for an Alaska gas export project. Today, the publisher of Must Read Alaska, Suzanne Downing, has written a compelling critique of the "non-binding agreement" Alaskan bureaucrats have signed with communist Chinese-owned company bureaucrats.  Find her "China Takes All" analysis here. But what is the most frightening element of [...]

11-22-17 More Alaska LNG Chatter On Thanksgiving Eve!

State releases agreement signed with China on gas pipeline venture By Rashah McChesney, Alaska's Energy Desk - Juneau More gasline chatter! Alaska Gasline Asks FERC to Accelerate Environmental Review Natural Gas Intelligence The Alaska Gasline Development Corp. (AGDC) has asked FERC to advance the review of its proposed pipeline and natural gas liquefaction project, ... Alaska governor touts pipeline project that faces hurdles - San Francisco Chronicle Alaska governor touts pipeline project that faces hurdles - Middletown Press Alaska governor touts pipeline project that faces hurdles - SFGate Full Coverage Flag as irrelevant More details on Alaska-China gas deal released KTUU.com [...]

By |2017-11-22T11:34:49-09:00November 22nd, 2017|LNG|0 Comments

11-18-17 On the Road

Dear Reader: We're on the road: Cuenca, Ecuador to Houston to El Paso to Anchorage. During occasional breaks, we'll add whatever northern energy related news might add to the value of our archives. -Dave Relevant clips.... Yukon mine would require $100M worth of electricity COMMON CORE MATH ON GASLINE: Details recently released by the Alaska Gasline Development Agency show that China would get 75 percent of the gas from the Alaska LNG gasline, and other Asian countries would get the other 25 percent. Alaska would get ... the remaining [...]

By |2017-11-18T10:22:31-09:00November 18th, 2017|Canadian Energy Policy, Commentary, LNG|0 Comments

11-11-17 Veterans Day: Not A Time For Alaska Socialism

We oppose a socialist Alaskan economy on this Veterans Day! by Dave Harbour Alaska Governor Bill Walker. NGP File Photo by Dave Harbour Below, readers will find yesterday's statement from Governor Bill Walker that congratulates the Alaska State Senate on its passage of crime reform.   He goes on to criticise the Senate for adjourning without imposing more taxes on the private sector during 1)) a time of fiscal crisis, and 2) at a time when he is crafting a socialistic energy economy a la Venezuela (Read yesterday's [...]

11/10/17 We’re From the Government and We’re Here To Help!

Consumer Interests Are Best Protected by Free Enterprises and Not Government Enterprises by Dave Harbour Alaska's governor has taken FULL CONTROL OVER what amounts to a 'nationalized' North Slope natural gas project and has attempted to make it glitter with a supportive array of "memoranda of understanding" from Asian (i.e. most recently Chinese) countries.  Without political, uneconomic dealmaking, the project is infeasible at this time--even if it were more efficiently managed by the private sector.  This is because, with an 800 mile pipeline to fold into the LNG project's [...]

11-9-17 Alaska-China: More Memoranda of Understanding

Breaking News - Alaska gas line agency signs agreement with Chinese oil company, financial institutions. The Alaska Gasline Development Corp. said the different entities have agreed to cooperate on LNG marketing, financing and investment. Bloomberg: Alaska strikes a gasline deal with Chinese firm.  KTUU.com.  Cost estimates for mega-projects are notoriously inaccurate, but even the low-end projection to get the Alaska LNG Project up and running -- $45 ...  Big reveal: Alaska gasline deal is on with China - Must Read Alaska (blog)  Full Coverage Presidents Trump and Xi Witness Historic Signing of Joint Development Agreement for Alaska LNG State of Alaska, [...]

By |2017-11-09T10:28:41-09:00November 9th, 2017|LNG, Trump Administration Energy Initiatives|0 Comments

11-7-17 LNG Weekly Update

LNG WEEKLY UPDATE • U.S. Senate confirms new FERC chairman • Beijing Gas Blue Sky to buy stake in PetroChina Jingtang LNG • Peru dispatches LNG cargo to Spain • Titan LNG bunkers retrofitted container ship Wes Amelie • Air Liquide to expand Kinetrex's North LNG plant • Novatek increases Kharbeyskoye field reserves estimate • MISC LNG revenues up • Puerto Rico LNG imports resume • Nigerian LNG cargo bound for Portugal • US LNG exports continue to rise after record month Facility In Cook Inlet Sold [...]

By |2017-11-07T14:21:54-09:00November 7th, 2017|LNG|0 Comments

11-6-17 Energy News For Our Readers

Week's first energy links of use to our readers *Courtesy Larry Persily, Kenai Peninsula Borough: U.S. LNG providers hope to win share of expiring supply contracts (Bloomberg; Nov. 2) - The $90 billion-a-year liquefied natural gas market will be reshaped in 2018 as several large, long-term contracts start to expire. Growing supplies from the U.S., higher demand in Europe and Asia, and geopolitical tension surrounding Russia and Qatar, the world’s top suppliers, promise to shift long-time trading patterns. For decades the majority of LNG bought and sold around the [...]

By |2017-11-06T12:24:01-09:00November 6th, 2017|AGDC, Fracking, LNG|0 Comments

10-30-17 Propaganda by any other name is still propaganda!

Continued from Wednesday.... Пропагaндa By Any Other Name Is Still Propaganda Propaganda: Information, especially of a biased or misleading nature, used to promote a political cause or point of view By Dave Harbour "A rose by any other name would smell as sweet...." In Romeo and Juliet, Shakespeare truly observed that “A rose by any other name would smell as sweet.” We introduce this theme today to study, along with our readers, one way in which Alaska’s government appears to be using propaganda to enhance its agenda. *     [...]

10-25-17 It’s all about government subsidized energy projects

It's all about government subsidized energy projects What a shame!  Be sure to tune in Friday for our essay on propaganda.  What a shame! Alaska Gasline Development Corporation Jenkins: Let’s set an Alaska LNG deadline – and stick to it Heard on the Street: Dubke's back?  Must Read Alaska (blog).  Bill Walker's Chief of Staff Scott Kendall is working on getting his former boss, Mike Dubke, a contract with Alaska Gasline Development Corporation ... AGDC aims at year end.  Petroleum News From Must Read Alaska.  MOST DANGEROUS ANIMAL IN ALASKA: Not wolverines, [...]

10-24-17 Alaska Gasline Development Corporation Rests Hopes On “Letters of Intent”

Alaska Gasline Development Corporation (AGDC) Hopes Rest On "Letters of Intent" We would offer a comment that "LOIs" -- especially those with long terms and huge uncertainties and many conditions -- are not very useful.  They are not relatively straight forward gas sales contracts with take-or-pay or ship-or-pay provisions.  LOIs can be called, "binding", but an "agreement to maybe agree someday" is full of problems no matter what you call it.  In short, more public money should not be poured into this socialized, politically-controlled, bureaucrat-run LNG/800 mile pipeline scheme [...]

By |2017-10-24T13:49:22-09:00October 24th, 2017|AGDC, Alaska's Fiscal Crisis, Alaskanomics, Commentary, LNG|0 Comments

10-19-17 One Great Alaska Gas Boondoggle – WHY WE ARE SO PROUD OF EPA TODAY!

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! [...]

10-12-17 Your Northern Energy Update

Warning: Alaska treads troubled economic waters in the middle of a fiscal storm.  Politicians are making the financial crisis worse by creating state subsidies and ratepayer risks.  The story below again reminds us of the Administration's payoff to Interior Alaska supporters via a subsidized Fairbanks gas utility (i.e. when South Central's Enstar customers paid for their own).   Not to mention the otherwise uneconomic Fire Island wind generation project and an infeasible Alaska LNG\pipeline scheme.   Note how two local politicians in the story below are discussing a strategy for squeezing [...]

10-6-17 Friday’s Much Ado About Energy … And Politics!

The Energy World Under President Trump For the energy scholars among us, this Reuters article has it all: from oil & gas to coal, Paris climate change accord, and alternative energy.  While we respect the research and statistics, we could call into question some of the journalism that leans leftward.  With that caveat, it is a piece worth maintaining in our archives and a ready reference for those of you who will be giving speeches in the near future.  We say, "near future" because the energy landscape is constantly [...]

10-5-17

Thought of the day: "Alaska's government-sponsored LNG project need not contend (directly) with Panama Canal issues.  But Alaska faces similar project risks.  Do Alaskan citizens want their government's 'go it alone LNG project' to be subject to enormous project risks?  Do Alaskans want, as their government LNG project proposes, to commit 25% cash/royalty gas equity to a risky, $40-60 billion venture?  Is the risk worth the reward?  Do citizens even know how much the reward will be?"  -dh Gulf of Mexico LNG Shippers Have a $45000-a-Day Problem, Oil & Gas [...]

Go to Top