8-24-17 House Committee Supports Interior’s Monument Review — And, So Do We!

Chairman Rob Bishop Washington, D.C. – Today, Chairman Rob Bishop issued the following statement in reaction to Interior Secretary Ryan Zinke’s final review of national monument designations under the Antiquities Act (Act): "I am encouraged by the recommendations to revise previous designations that were inconsistent with the law and outside the Act's size limitations. It is my hope that President Trump takes this opportunity to begin realigning uses of the law with its intended purpose. It’s also incumbent on Congress to pursue reforms to the Act that ensure it is being used to protect antiquities while [...]

8-21-17 Alaska LNG Project Subsists On Subsidies

Alaska's Government Gas Pipeline/LNG Project Still Treads Water We fear government owned/subsidized projects -- even wasteful or uneconomic ones -- produce support industry crony capitalists who become dependent on the client and supportive of socialist government benefactors and candidates for public office.  A misplaced fear?  You be the judge. by Dave Harbour In spite of low prices and unprecedented competition in the gas/LNG industry, Alaska's government subsidized North Slope gas monetization project continues to tread water, shall we say, "gasping for air". Alaska Governor Bill Walker. Northern Gas Pipelines [...]

8-21-17 This Week’s Relevant Energy Links

Oil & Gas News & Alaska LNG Updates by Larry Persily, Kenai Peninsula Borough Northern Gas Pipelines file photo, Larry Persily Oil and gas news briefs for Aug. 21, 2017 China boosts natural gas imports to keep up with growing demand (Bloomberg; Aug. 16) - Chinese President Xi Jinping’s government has beaten expectations in its drive to help clear the nation’s notoriously smoggy skies by burning less coal and oil in favor of cleaner natural gas. But that success may be too much, too soon. Gas consumption [...]

By |2017-08-21T09:26:05-09:00August 21st, 2017|AGDC, LNG|0 Comments

8-17-17 Again, We’re Reminded Of Alaska-Canadian Gas Pipeline History + The Passing Of An Alaskan Dowager

Alaska's Dowager Statewide Paper Besieged by Creditors Public Domain Photo: Anchorage Daily Times, 6-3-1942. (Reminder: please scroll down for two more commentaries on Canadian / Alaska oil and gas issues and history....) In this case: dow·a·ger, ˈdouəjər/, noun.  Definition: a widow with a title or property derived from her late husband.  e.g. "the dowager duchess".  Informal, a dignified elderly woman.   Commentary:  Our "dowager" description of Alaska's successor statewide newspaper is descriptive, however flawed.  For the Anchorage Daily News (ADN), now the Alaska Dispatch News (ADN), did acquire the assets of Anchorage's legacy newspaper, the [...]

8-16-17 U.S. LEASE SALE POLICY – LAWMAKERS ADVOCATE OPENING “ALL” OCS AREAS

Photo courtesy Shell Oil Washington, D.C. – Today, House Committee on Natural Resources Chairman Rob Bishop (R-UT) and 118 additional Members of Congress sent a bipartisan letter to Secretary Zinke requesting the Department of the Interior to include consideration of all Outer Continental Shelf (OCS) lands in the development of a new National Outer Continental Shelf Oil and Gas Leasing Program. “Just as today’s energy security is the result of production set in motion by decisions made years ago, the decisions on OCS leasing and development facing the Department [...]

By |2017-08-16T15:32:59-09:00August 16th, 2017|Arctic Policy, Federal Progress|0 Comments

8-15-17 Today’s LNG World News Links

LNG World News • Synetics wins FSRUs surveillance services contract • Australia's July LNG exports jump above 5.4 million mt • First US LNG cargo on way to Lithuania • DOE: U.S. LNG exports reach 310.4 Bcf in H1 2017 • Cheniere in China LNG move • Chart, GFW launch LNG-diesel fueling truck • UK watchdog accepts Wood Group-AFW merger remedy • South Korea boosts July LNG imports • Q-Max Umm Slal heading for South Hook LNG terminal • Santos flags $690 mln impairment charge   [...]

8-13-17 Alaska’s Socialist Gas Pipeline Project Moves Ahead In Spite Of Infeasibility

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 ...

8-11-17 A Looming Disaster in Alaska’s Susitna Basin?

Today we provide this letter that a long time reader and natural resource expert sent us yesterday.  While the general subject revolves around forest management for maximum benefit of Alaska's people, we note that the concepts of multiple use and sustain yield apply to oil, gas and mining.  Why?  Because mining and energy do not preclude other uses of public and private lands -- and are highly regulated in any case.  Second, while forests and hunted and fished species, managed properly, are "renewable", oil, gas and mining are "newable". [...]

8-8-17 State Keystone Hearings Begin

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 [...]

By |2017-08-08T05:50:41-09:00August 8th, 2017|LNG|0 Comments

8-4-17 Good News?

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 [...]

8-1-17 We Congratulate Fox News For Its New Alaska Map

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 [...]

7-26-17 We’re on the road; but here’s your COMMENTARY from Seward, Alaska….

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 [...]

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