3-4-17 Day 1: On The Road Again, From Cuenca and Guayaquil, Ecuador to Peru

A personal note: Yes, we travel a bit.  For over a decade we have endeavored to provide daily updates to keep these Archives current for your current and future reference.  Our individual and family work and travel over the years has taken us to most states and Canadian provinces, to China, Europe, Korea, Japan, Russia, South America and the Middle East.  But no matter where we go, we think of you -- counting on us to maintain a complete archives of northern energy projects, people, maps, presentations, documents, news and commentary. [...]

By |2017-03-03T14:27:49-09:00March 4th, 2017|Alaska's Fiscal Crisis, Alaskanomics, Commentary, Family, Notes From the Road, Personal|0 Comments
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3-3-17 Will Alaska Explore, Develop, Produce or Fold?

Will Alaska Explore, Develop, Produce or Fold? Roger Marks, Senior Oil & Gas Economist. Northern Gas Pipelines file photo by Dave Harbour AOGA President, Kara Moriarty. Northern Gas Pipelines file photo by Dave Harbour Pat Foley. Northern Gas Pipelines file photo by Dave Harbour Join Roger Marks, Kara Moriarty and Pat Foley for a discussion about the newest tax legislation. Click here to register now. Event Invitation Alliance Bi-Monthly Breakfast Speakers:  Roger Marks, Economist Kara Moriarty, President/CEO, AOGA ​Pat Foley, Senior Vice President [...]

By |2017-03-03T12:36:35-09:00March 3rd, 2017|Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, LNG|0 Comments
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3-2-17 Alaska Regulation Changes: Production Tax Calculation and Tax Credits

Supplemental Notice of Proposed Regulation Changes Alaska Department of Natural Resources On February 14, 2017, the Department of Natural Resources (DNR) published a Notice of Proposed Changes to regulations regarding the calculation of the net profit share production tax lease allowance, repeal the regulations regarding the exploration incentive credit, and make administrative changes such as updating addresses and/or providing for electronic communication with the Alaska Royalty Oil and Gas Development Advisory Board and for DNR. See the link to this notice and relevant documents here:https://aws.state.ak.us/OnlinePublicNotices/Notices/View.aspx?id=184612 Now, DNR is publishing [...]

By |2017-03-02T10:41:25-09:00March 2nd, 2017|Alaska Taxes|0 Comments
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3-1-17 Since Alaska Has Most Federal Land, New DOI Secretary Is Important Cabinet Post

Murkowski Congratulates New Interior Secretary  (Pssst.  The DOI secretary is the custodian of federal lands.  The majority of federal lands are in Alaska.  The majority of Alaska is composed of federal lands.  Therefore, Alaskans consider the DOI secretary one of the most vital cabinet posts.  -dh)                                                                                 WASHINGTON, D.C. – U.S. [...]

By |2017-03-02T05:32:11-09:00March 1st, 2017|Commentary, Uncategorized|0 Comments
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2-28-17 Alaska Has Room To Cut Spending…But Do Its Elected Leaders Have The Will?

Does Alaska have a Spending Problem?  Benchmarking is the Answer By Representative Lora Reinbold, February 26, 2017 Representative Lora Reinbold, Eagle River, Alaska. Northern Gas Pipelines file photo by Dave Harbour The Governor, some in the Legislature and even some prominent Alaskans don’t believe Alaska has a spending problem.  They say that Alaska has a revenue problem and argue that Alaska needs to implement more revenue options, i.e. taking your money to fuel big government.  Their tired refrain is simply to argue, “you can’t cut your way [...]

By |2017-02-28T11:28:09-09:00February 28th, 2017|Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, Reader Comment|0 Comments
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2-27-17 Politicians attacking taxpayers is nothing new!

Breaking GOOD news HERE:  tax settlement improves investment climate!  North Slope Borough and ExxonMobil Alaska Production Inc. Settle Pt. Thomson Tax Appeals   Wealth takers justify their appetite for tax increases by criticizing wealth producers by Dave Harbour Just last week... ...we reported on how a hostile legislator mistreated a representative of Alaska's largest group of taxpayers.  Here's another take on the politician's hostility and her bias in favor of oil tax increase advocates. Actually, that's no surprise.   History in Alaska and throughout the U.S. and Canada is [...]

By |2017-02-27T11:22:06-09:00February 27th, 2017|ACES, Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, Commentary, Competition|0 Comments
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2-27-17 Breaking News: Point Thomson and North Slope Borough

Breaking news:  tax settlement improves investment climate! North Slope Borough and ExxonMobil Alaska Production Inc. Settle Pt. Thomson Tax Appeals (Barrow, AK)— “Today’s agreement to settle outstanding tax disputes on the valuation of Pt. Thomson development demonstrates another historic milestone for the people of the North Slope Borough,” pronounced Mayor Harry K. Brower, Jr., “Ever since I was sworn into office in July of 2016, one of my key priorities has been to establish partnerships and relationship building with external organizations for economic growth and empowerment in our North Slope [...]

By |2017-02-27T08:11:11-09:00February 27th, 2017|Alaska Taxes, You Read It Here First|0 Comments
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2-24-17 Politician Out Of Line….

From our Ak-Headlamp friends this sorry commentary on how one politician treats taxpayer representative: Representative Geran Tarr AOGA President, Kara Moriarty. Northern Gas Pipelines file photo by Dave Harbour Shots fired. At Wednesday’s  house resource committee held on HB111.Kara Moriarty of the Alaska Oil and Gas Association was insulted by state consultant Rich Ruggiero’s comments. "He was insinuating that industry is not credible, and that these themes should not be believed. The reality is: the reason the industry does talk about stability, competition and jobs [...]

By |2017-02-24T11:55:24-09:00February 24th, 2017|Alaska's Fiscal Crisis, Alaskanomics|0 Comments
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2-23-17 Oil/gas Investing in a fiscally challenged state run by a government considering energy industry tax increases in a low price environment!

We always appreciate Ak-Headlamp's analysis.  Based on what you read today, we wonder if you will be buying oil stocks or selling?  You certainly wouldn't be inclined to invest large sums of your own money in a remote, Alaska North Slope pipeline/LNG project run by temporarily elected and appointed politicians and bureaucrats, would you?  You would?  Well, how about if that state were teetering on fiscal collapse and considering raising taxes on the oil industry in a low price environment?  -dh ______________________________________________________ Alaska Headlamp Commentary Yesterday, the Alaska State Senate [...]

By |2017-02-23T10:32:26-09:00February 23rd, 2017|Alaska's Fiscal Crisis, Alaskanomics, ANWR, Arctic Policy, Commentary|0 Comments
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2-22-17 Keen Perspective: Macro Energy Trends

From our Mid-Atlantic Energy Analyst Friend: One of the best items we have read in recent times is linked below. It is a great history from Roman times of how monetary policy is really in place to serve the government, not the people We urge you to read it. We learned more from this presentation than any one item in a long time. https://mises.org/library/inflation-and-fall-roman-empire Finally, an update on the progress of the Aramco IPO, just since our note yesterday. We see the IPO as quite probably the largest single [...]

By |2017-02-22T04:38:42-09:00February 22nd, 2017|Reader Comment, You Read It Here First|0 Comments
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2-21-17 Alaska In Crisis, For All The World To See (i.e. including the credit rating agencies)

Northern Dynasty pushes back on report critical of Pebble prospect The owners of the Pebble mine project fired back Friday against claims from a New York stock investment firm that the prospect is not economically or politically viable… Alaskans, let's not slip into the tax cycle again We all agree the state of Alaska is facing a fiscal crisis that could bring down our economy if we don't act soon.  Alaskans won't buy taxes without more cuts As increasingly antsy Alaska legislators stare down a $3 billion budget hole [...]

By |2017-02-21T08:35:31-09:00February 21st, 2017|AGDC, Alaska's Fiscal Crisis, Alaskanomics|0 Comments
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2-17-17 Front & Center: Alaska’s Fiscal Crisis

RDC BREAKFAST FORUM SERIES Next Breakfast: March 2, 2017 - Dena'ina Center Pat Foley, Vice President Alaska Operations, Caelus Energy Alaska LLC Registration will open February 23rd.    Breakfast forums are held the first and third Thursday's from September to May. Doors open at 6:30 a.m., presentation begins at 7:30 a.m. Cost per person is $24 member, and $29 non-member, and is non-refundable but may be transferred. Unless otherwise noted, forums are held at the Dena'ina Civic & Convention Center at the corner of G Street and 7th Avenue.   [...]

By |2017-02-17T06:28:26-09:00February 17th, 2017|Alaska's Fiscal Crisis, Alaskanomics|0 Comments
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2-16-17 Teamster Leader Sets Oil Tax Advocate Straight!

BREAKING NEWS, 2:40 EDT:  TRANS CANADA REFILES FOR KEYSTONE XL ROUTE Posted By RICK BOYLES FOR THE JUNEAU EMPIRE Keeping the oil industry healthy     An observation from educator/philosopher William James came to mind as I watched Robin Brena lecture the House Resources Committee a few days ago on his version of reality. “There’s nothing so absurd that if you repeat it often enough, people will believe it,” James wrote. Well, Brena repeated the words “fair share” 40 times during his two-hour, 71-slide presentation. In Brena’s mind, “fair share” [...]

By |2017-02-16T11:24:39-09:00February 16th, 2017|ACES, Alaska Taxes, Alaska's Fiscal Crisis, Alaskanomics, Commentary, Keystone XL, LNG, SB 21, You Read It Here First|0 Comments
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