1-21-16 “Our Own Worst Economic Enemy”

Yesterday, we commented on the passing of our dear, respected economist friend (and sometimes friendly antagonist) of almost 50 years, Arlon Tussing (NGP Photo).  Apropos of today's title, he once testified in a way that more liberal readers might have found offensive: Comment: Arlon's wise counsel outlives him as those close to him knew it would.  Often politicians try to solve, with other peoples' wealth, economic problems better left to free enterprise solutions guided by Adam Smith's invisible hand.  -dh Before the Congress succumbs to any renewed yearning for a "National Energy Strategy" to serve [...]

By |2016-12-22T22:27:43-09:00January 21st, 2016|Arctic Policy, Interstate Gas|0 Comments

1-20-16 Supreme Court Hears John Sturgeon’s Case Today

Supreme Court Hears John Sturgeon's Case Today We just learned today of the passing of our longtime friend: Arlon Tussing (NGP Photo).  We thank Dermot Cole for his thoughtful biography and offer a few comments of our own, here.  -dh Juneau Empire by James Brooks.  The state’s budget crisis​... Here is our position on what adults owe the coming generations.   We mention it here, because all policies of oil producing U.S. States and Canadian Provinces revolve around energy production and consumption. ...and, because we detest intergenerational enequity!     [...]

1-19-16 Alaska Legislative Session Begins Today Amid Financial Crisis

John Sturgeon (NGP Photo), Alaska patriot, seeks justice from the Supreme Court of the United States. CANADA! See Additional Alaska Headlamp Coverage Of Some Items Below Of course, the price of oil and gas directly affects our energy constituencies in Alaska and Western Canada.  Here, our anonymous mid Atlantic energy consultant comments on yesterday's WSJ story  Anchorage Daily Planet/News Miner, by Max Buxton.   Misc. Comment: A friend of the Legislature tells us this morning that, "We think the governor has released his oil tax credit cut plan quietly and privately...but, [...]

New Arctic Icebreaker Proposed

Alaska Headlamp comments on the Juneau Empire survey (column left), then goes on to tackle related subjects, like how to control government spending. We're delighted with Alaska Headlamp's contribution to the public dialog, along with that provided by citizen groups and other thinking columnists like those representing the Anchorage Daily Planet. For further reference, we draw reader attention to our earlier commentary dealing with how the parents of this generation should be treating their children, of the next generation.  (We think this will be welcome reading for young people determined to have [...]

By |2016-12-22T22:27:43-09:00January 18th, 2016|Alaska's Fiscal Crisis, Arctic Policy, Commentary|0 Comments

1-17-16 Alaska As A World LNG Competitor

Governments better wake up and believe they are competing for investment...and prosperity!   Petroleum News by Kristen Nelson.  The Alaska Support Industry Alliance’s “Meet Alaska” conference heard a ConocoPhillips perspective on the Alaska LNG Project Jan. 8 from Al Hirshberg, the company’s executive vice president for technology and projects. ... Hirshberg listed mega project critical success factors and said they fell into three buckets: alignment among all the players; a strong effort to identify project risks and putting together a plan to manage risk; and economics - driving down the cost of supply enough [...]

By |2016-12-22T22:27:43-09:00January 17th, 2016|Commentary, LNG|0 Comments

1-16-16 Feds To Help Alberta In Wake Of Low Oil Prices

Calgary Herald by James Wood.  Finance Minister Bill Morneau came to Calgary on Friday with pledges of help for Alberta, but few specific commitments on how the federal Liberal government will assist the province hit hardest by plunging oil prices.  ADN OpEd by Jim Crawford.  The spending elite have determined that you need to be educated about the size of Alaska’s budget. If you think government is too big, too intrusive or ineffective, well, you need to be re-educated. They say we cannot cut state funding. That we don’t spend enough on [...]

By |2016-03-13T03:41:59-09:00January 16th, 2016|Alaska Taxes, Alaska's Fiscal Crisis|0 Comments

1-15-16 Canada and Alaska Struggle With Conflicting Forces: Prosperity and Jobs vs. Nothing

Commentary by Dave Harbour on the eternal struggle between wealth producers and wealth takers. Canada struggles with the need for oil revenue countered by the political pressure to subjugate everything, and everyone, to the concept of global warming (excuse us....  "climate change").  See the articles below. Alaska struggles are also between those supporting jobs, good faith and fair dealing with antagonists like a state senator who believes that in a low crude oil price environment gasoline prices should be lower in Alaska than they are.   (See today's robust, Alaska Headlamp [...]

By |2016-12-22T22:27:43-09:00January 15th, 2016|Commentary, Federal Obstruction, Global Warming|0 Comments

1-14-16 ISIS Needs (FEARLESS) Oil Workers

Please enjoy Larry Persily's (NGP Photo) Alaska gas/LNG related links TODAY! From our anonymous Aussie energy analyst today, several points of interest re: oil and gas prices and the state of LNG..., and, ISIS NEEDS (FEARLESS) OIL AND GAS EMPLOYEES.... ADN by Yereth Rosen.  A coalition of environmental groups filed a motion Wednesday to intervene in support of the Interior Department’s decision to reject Royal Dutch Shell's request to extend its offshore Arctic leases. The groups filed their motion with the Interior Department’s Board of Land Appeals, an agency tasked with reviewing disputed department [...]

By |2016-12-22T22:27:43-09:00January 14th, 2016|Arctic Policy, Commentary, LNG, You Read It Here First|0 Comments

1-13-16 Getting Alaska’s Financial House In Order

(Yesterday Anchorage reader Meera Kohler (NGP Photo) told us about an error and Ottawa reader Tom Harris informed us of an addition to include.  We are always quick to make necessary changes.  For the 15-year life of NGP, we have asked readers to help us make this a valuable research resource.  Accuracy is critical and for your continuing help, we are grateful.  -dh) Alberta, Alaska's natural resource sister in Canada is facing it's own fiscal challenges.  The revered Fraser Institute says Alberta's problem has more to do with over spending than with low oil prices. [...]

1-12-16 Weak Energy, Etc. Policies = Lackluster Last State Of The Union Speech

Calgary Herald by Dan Healing.  ... Seven Generations Energy Ltd., considered one of the bright lights of the Calgary oilpatch, announced it would postpone about $200 million of planned capital investment in 2016.... David Holt Commentary, FuelFix.  ...a second major oil company was forced to abandon plans to drill in the Arctic Ocean off the coast of Alaska...for those who live close by..., the news is devastating. ON EVE OF AMERICA'S "STATE OF THE UNION" SPEECH, WE SEE A WEAKER NATION BECAUSE OF WHITE HOUSE ENERGY POLICIES After rejecting the Keystone XL pipeline [...]

1-11-16

A New News and Policy Analyst In Town Describes A New Team Of Alaska Oil and Gas Exploration Companies Below we bring you excellent policy commentary on issues related to the Alaska gas monetization project, www.AkLNG.com, and the state's related fiscal crisis.  Alaska Headlamp also describes efforts by Alaska's Regional Native Corporations to explore for oil and gas in rural Alaska. We've monitored Alaska Headlamp in these pages since it appeared late last year.  Now, we officially welcome it to the public dialog!   Today's Alaska Headlamp analysis and commentary: New [...]

By |2016-12-22T22:27:44-09:00January 11th, 2016|Alaska Taxes, Commentary, Interstate Gas, Intrastate Gas|0 Comments

1-10-16 Brennan Is Right About 2016: A Year Of Great Testing

Anchorage Daily Planet Full editorial here....  Posted: 10 Jan 2016 01:27 AM PST By Tom Brennan This will be a year of great testing for Alaska’s political leaders. If this state is going to dig its way out of the financial hole in which it finds itself, some incredibly important legislation must be passed and made law, legislation that will be unpalatable to many voters. And that electoral fete will have to be accomplished in an election year. Did you see our commentary yesterday: Gasline/LNG Project State Ownership Gamble, Greed Not Need? [...]

By |2016-12-22T22:27:44-09:00January 10th, 2016|Alaska Taxes, Commentary|0 Comments

1-9-16 Government Gasline Ownership Based On Greed Not Need?

SUBSCRIBE TO PETROLEUM NEWS.  Gara: AKLNG needs to stay the course.  House Rep. Les Gara  (NGP Photo) has been around for several plans to advance a natural gas pipeline and believes the state is on the right track, but adds there are unknown variables that could still derail future progress. The Anchorage Democrat who serves on the House Finance Committee says the state made the.... *     *     * Our Commentary.  We have a hunch that as time marches on, more and more legislators will conclude that [...]

By |2016-12-22T22:27:44-09:00January 9th, 2016|Commentary, Interstate Gas|0 Comments

Yea for TransCanada! Prepare For The Alliance Tomorrow!

  Considering our editorial Tuesday, Tomorrow's ALLIANCE MEET ALASKA conference may be the year's most important meeting for readers living in/visiting Anchorage.  Agenda. Following Tuesday's editorial on the rating agencies' downgrades of Alaska's creditworthiness, see these reader comments by: an Alaska couple, an Alaska university professor, and our anonymous, Australian energy analyst friend (We hope his tough but realistic predictions are ameliorated by a successful TransCanada suit, as described below.  -dh Speaking of the Alliance (i.e. upper right), our Mid Atlantic anonymous energy analyst friend has this to say about the [...]

By |2016-12-22T22:27:44-09:00January 7th, 2016|Alaska Taxes, Commentary, You Read It Here First|0 Comments

1-5-15 Alaska Is A Betting State – Aussie Oil & Gas Analyst Review & Outlook

You May Not Be A Betting Man or Woman, But Alaska Has Become A Betting State For years Alaska leaders have shunned warnings about overspending and being too dependent on volatile oil prices.  How many still think placing bets on the volatile gas market via equity ownership in an LNG project is wise? Commentary by Dave Harbour Today Standard & Poor's and Moody's credit rating agencies lowered the credit rating of the State of Alaska.   Here are today's Standard & Poor's and Moody's rating announcements. Here is Governor Bill [...]

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