8-27-16 More Bad Gas Pipe Dreams

Exxon Mobil Backs Out of Proposed Alaska LNG Project Wall Street Journal Bill Walker has sought to advance the long-delayed project by taking a direct stake through the state-ownedAlaska Gasline Development Corp. Legislators lukewarm on BP support of state-led gas project - Alaskajournal.com State considers taking over Alaska LNG project - Argus Media Full Coverage State takes control of gas line megaproject; consultant warns of major… Alaska Public Radio Network Keith Meyer, the new head of the Alaska Gasline Development Corp., said he's considering two major

By |2016-12-22T22:26:56-09:00August 27th, 2016|Alaska Taxes, Interstate Gas, Intrastate Gas, LNG|0 Comments

8-26-16 Alaska Governor’s Pipe Dream Exposed!

Our editorial on this subject coming later Monday.... Later today, we will address the subjects raised in this news release, issued yesterday: Alaska Governor Bill Walker, NGP file photo by Dave Harbour Governor Walker’s statement on this week’s Joint Senate/House Resources Committee hearing on the status of the AK LNG project: I appreciated the testimony by world renowned energy analyst Wood MacKenzie on the viability of the current AK LNG project.  This independent analysis, contracted by our producer partners and AGDC, indicated that the traditional model [...]

8-25-16 Alaska’s LNG Project Is Not Currently Feasible

Commentary for our readers: This is not the time to mortgage our state to one man's infeasible Pipe Dream! Yesterday, we addressed the World Trade Center - Anchorage on the subject of "Alaska's Pipe Dreams".  Tomorrow we will provide readers with our notes and research for that presentation, along with many links.  Our audience yesterday learned why the evidence demonstrates that, NOW IS NOT THE TIME FOR ALASKA LNG.  Citizens are facing economic disaster if they support the current governor's Pipe Dream of an unproven, uneconomic nationalized LNG project run [...]

By |2016-12-22T22:26:56-09:00August 25th, 2016|Alaska Taxes, Commentary, Interstate Gas, Intrastate Gas, LNG|0 Comments

8-23-16 Gas Transportation Tops Alaska’s Agenda This Week!

This is a big week for Northern Gas Pipelines: we address the World Trade Center on Wednesday.  On the same day, Alaska State Senate Resources Committee Chairman, Cathy Giessel kicks off two days of hearings that probe the Administration's scheme to put Alaska at risk by assuming control over an economically unproven, $55 billion gas pipeline/LNG project.  -dh Alaska's Pipe Dreams | Dave Harbour | August 24 WORLD TRADE CENTER ANCHORAGE Meet & Brief Luncheon August 24 Speaker: Dave Harbour Publisher Northern Gas Pipelines Topic: Alaska's Pipe Dreams Date: August 24, 2016 (Wednesday) Time: [...]

8-20-16 For Next Week’s Calendar: ALASKA’S PIPE DREAMS

Alaska's Pipe Dreams | Dave Harbour | August 24 WORLD TRADE CENTER ANCHORAGE Meet & Brief Luncheon August 24 Speaker: Dave Harbour Publisher Northern Gas Pipelines Topic: Alaska's Pipe Dreams Date: August 24, 2016 (Wednesday) Time: 12:00 - 1:00PM Location: WTC Conference Room Cost: $30 members / $35 non-members (includes lunch) About Dave Harbour: Dave Harbour is publisher of the Northern Gas Pipelines blog, created 15 years ago. He has served as director or vice president of public, governmental or external affairs for the 26 member Arctic Gas Consortium, Northern Natural Gas of Omaha, Atlantic [...]

8-18-16 Will Alaska (and Alberta) Go the Way of Venezuela and Argentina: Never Say Never!

(See our mid-Atlantic energy analyst friend's Venezuela commentary next story below) With Competent Leadership Alaska's Future Could Still Be Prosperous by Dave Harbour Alaska brings in less than half the price for oil needed to have a current balanced budget.  Up to 90% dependent on oil revenue, the state has worked itself into a $3-4 billion annual budget deficit. State leaders seeking the 'easy way out' are funding the deficit by taking money from the next generation.  How?  They are depleting savings accounts and passing on tax credit obligations to [...]

8-17-16 Who Wants To Invest In Cook Inlet?

Those interested in gas supply for Alaska's largest population center will want to note our commentary on this subject, 2012.   We would also observe that the Administration's desire to supply gas to Fairbanks from what may well be a dwindling Cook Inlet supply, could endanger gas ratepayers in both Fairbanks and Southcentral Alaska.  -dh Alex DeMarban NGP File Photo, by Dave Harbour Alaska Dispatch by Alex DeMarban.   For the past decade, a lack of industry interest has prompted the federal government to cancel several proposed lease sales in Cook [...]

8-15-16 Alaskans and Canadians Will Ignore The Need To Be Competitive AT THEIR PERIL

We are indebted to our anonymous, Mid Atlantic energy advisor for providing the important analysis below.  It demonstrates why some producers may be subsidizing continuing operations to support cash flow demands -- on the hope that prices will rise in time to rebuild the financial strength of those producers. One notes with concern that Alaskan and Canadian oil and gas operations have special difficulty with low price environments.  Most of their competitors operate in areas closer to markets, with lower labor costs, lower transportation costs, lower logistical costs and lower [...]

By |2016-12-22T22:26:58-09:00August 15th, 2016|Alaska Taxes, Commentary|0 Comments

8-11-16 World Knows What Alaska’s Governor Won’t Admit: NOW IS NOT THE TIME For An Expensive 800 Mile Pipeline/LNG Export Project!

Our Aussie Energy Analyst friend evaluates the Alaska LNG project: NOW IS NOT THE TIME. We have long observed that Alaska's governor and legislature would be wiser to focus their energies on enabling Alaska to live within its means, rather than overtaxing current investors or over spending dwindling state savings accounts and/or pursuing an uneconomic, expensive LNG project when, NOW IS NOT THE TIME!  -dh LNG and international gas, by our Aussie blogger: An interesting regulatory comparison between two of the more interesting but challenging international pipeline projects - Alaska [...]

By |2016-12-22T22:26:58-09:00August 11th, 2016|Commentary, LNG, You Read It Here First|0 Comments

8-10-16 Alaska’s Governor Adds Advisor Costs To Deficit Spending

Deficit Spending Governor Hires More High Powered "Advisors"  (We join Ak-Headlamp in expressing respect for economist John Tichotsky, but disappointment in a governor who ignores the meaning of "Hiring Freeze".  -dh) Two's company. Gov. Bill Walker hired former chief economist John Tichotsky and former commercial analyst with the state's natural resources department Ed King as economic advisors. "John kind of ran the economic staff kind of like a think tank — which was great when we had the money for it," said Randy Hoffbeck, the state revenue commissioner. Tichotsky's [...]

By |2016-12-22T22:26:58-09:00August 10th, 2016|Alaska Taxes, Commentary|0 Comments

8-9-16 Feds Continue Alaska Lock-Up

CALGARY HERALD.  Calgary-based Inter Pipeline Ltd. said Monday that it’s buying the Canadian assets of the Williams pipeline companies at a steep discount — and will take on its massive petrochemical project in Alberta — for $1.35 billion. KTUU/AP.  FAIRBANKS The federal government's new plan ... has received criticism from state officials and leaders who say it restricts development in the state. The Fairbanks Daily News-Miner reports that the Bureau of Land Management's plan released in July designates 1.7 million acres for possible resource extraction, while the other 4.8 acres of federal land remains [...]

8-7-16 Don’t forget the Alaska LNG CO2 Cost Burden!

CNEB hearings on Energy East Pipeline set to begin in Saint John Steve Butt, Alaska LNG project. NGP Stock Photo by Dave Harbour ADN by Alex DeMarban.  The Alaska LNG megaproject has a $10 billion problem other gas projects don't face — a huge volume of carbon dioxide must be prevented from entering the atmosphere where it may speed up global warming. The senior manager for the project, an employee of the lead oil company, ExxonMobil, said there is no federal law requiring that all carbon dioxide — a major greenhouse gas [...]

By |2016-12-22T22:26:58-09:00August 8th, 2016|LNG|0 Comments

8-5-16 Feds Attack On Alaska Is Unrelenting

Murkowski: FWS Rule Is Unwarranted Takeover of State’s Rights Agency Uses Regulatory Process to Seize Control of Wildlife Management in Alaska Refuges U.S. Senator Lisa Murkowski. NGP stock photo by Dave Harbour. U.S. Sen. Lisa Murkowski, R-Alaska, today slammed the U.S. Fish and Wildlife Service (FWS) for finalizing a new rule that preempts the State of Alaska’s jurisdiction over wildlife management in national refuges within Alaska. The rule grants the FWS broad authority over predator control, bans science-based practices developed by the State of Alaska in consultation with [...]

8-4-16 Alaska Gasline CFO Calls It Quits

  AGDC finance VP quits; Walker vetoes bill to put legislators on board Bruce Tangemon, AGDC's Departed CFO. (Note: we have always considered Tangemon to be a man of high principles.) NGP File Photo by Dave Harbour. Alaskajournal.com The Alaska Gasline Development Corp. is moving ahead with its alternative financing concept for the Alaska LNG Project with a couple leadership ...

8-3-16 We Find The Alaska Governor’s Position Wanting

Dear Reader: Alaska Governor Bill Walker. NGP File Photo by Dave Harbour Today we add our note to the story below: We find the state's position wanting.  If Alaska governor Bill Walker's predecessor governors wished to demand competitive producer information, they would have put that demand in the original Prudhoe Bay Lease Sale -- and future lease sale -- requirements.   Adding requirements -- especially those that violate federal laws -- after a lease sale, after investors pay their bonus bids, after exploration and development and construction of [...]

Go to Top