8-3-15 Walker Wants Gasline Control
Alaska's Governor Bill Walker wants 51% ownership in Alaska gasline/LNG project. See Alaska Journal of Commerce article by Tim Bradner.
8-1-15 Navarre Gears Up For LNG
Petroleum News, by Steve Quinn. Mike Navarre has two years to help the Kenai Peninsula Borough find its place and role in the prospective AKLNG project. The Democratic mayor understands those limits, yet he says he doesn’t want the borough to be caught off guard if the project gets under way when thousands of new workers descend....
7-31-15
Petroleum News by Alan Bailey. A July 17 application by BP to the Alaska Oil and Gas Conservation Commission for amendments to area injection orders for the Prudhoe Bay field marks a critical step toward the possibility of building a major gas pipeline for the export of natural gas from the North Slope. The application requests approval for an increase in the maximum amount of gas that can be withdrawn from the field and approval to inject additional carbon dioxide into the field reservoir. Although huge quantities of natural gas [...]
7-30-15 Murkowski’s Senate Energy Committee Votes to Lift Crude Export Ban and Allow State OCS Revenue Sharing
TONIGHT: YOU READ IT HERE FIRST! The Senate Energy and Natural Resources Committee passed major bills Thursday on lifting the crude oil export ban and its broad energy package. The oil export bill would also increase offshore drilling and provide revenue sharing for neighboring states. It passed 12-10, along party lines. "It's the result of collaborative efforts by members of this committee to boost offshore development, allow revenue sharing for coastal producing states and lift the outdated ban on crude exports," Sen. Lisa Murkowski (R-Alaska), chairwoman of the panel, said of the [...]
7-29-15 EPA Continues To Amass Federal Power At Expense of Citizen Freedom
Crude Oil Exports Would Benefit Great Lakes States: Murkowski From our friend, Rebecca Logan (NGP Photo), General Manager, Alaska Support Industry Alliance: The new EPA rule on Waters of the United States (WOTUS) is perhaps the most critical issuing facing us today. The article below gives a great perspective on why so many are concerned about the rule, and the rule-making process. Rebecca Logan General Manager Alaska Support Industry Alliance U.S. Sen. Lisa Murkowski, (NGP Photo), today convened the Senate Energy and Natural Resources Committee to continue consideration [...]
7-28-15 Is Climate Change Science Settled?
See our Facebook commentary this morning re: Climate Change -dh From the Senate Energy Committee: See How Envronmental Extremism is Destroying California Lives Aussie Oil and Gas Observer: The smashing of the Shanghai stock market yesterday – an 8.5% fall (the biggest one day decline in eight years) – has reverberated around the world in both stock markets and commodity markets, and oil was not left out of the carnage. *** Japan’s average LNG price (per mmbtu) for June was down again – at US$8.65. Volumetrically this figure is [...]
7-27-15
Petroleum News by Alan Bailey (NGP Photo). On July 22 the federal Bureau of Safety and Environmental Enforcement issued permits allowing Shell to drill the top hole sections of two wells in the Burger prospect in the Chukchi Sea. Shell now has all of the permits that it needs to start drilling. However, BSEE is prohibiting Shell from drilling into hydrocarbon bearing zones until....
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7-25-15 Raiding the Strategic Petroleum Reserve
Senate Energy & Natural Resources Committee Communications Director Robert Dillon writes us that, "Reuters senior energy market analyst John Kemp today weighed in against a plan to raid the Strategic Petroleum Reserve (SPR) to pay for three years of a six–year highway bill." Following is the article: SPR oil sales would be a mistake before strategy review is concluded: John Kemp “The Strategic Petroleum Reserve is not an ATM,” Lisa Murkowski (NGP Photo), chair of the Energy and Natural Resources Committee warned the Senate this week. “It is certainly not the [...]
7-24-15 Northern Pipelines, Economies, Alaska Native and Canadian Aboriginal People Are Interdependent
Write us here to request a free, email alert subscription Northern Pipelines, Economies, Alaska Native and Canadian Aboriginal People Are Interdependent Our Comment: Alaska Natives, Canadian Aboriginals and Northern economies depend on oil and gas development and the transportation systems moving the resources to market. Transportation systems like pipelines require rights of way. Rights of way and subsistence hunting and fishing and agricultural areas very often overlap proposed pipeline routes. All stakeholders care about the safety of pipeline operations. For sure, all stakeholders wish to maximize their own income streams. [...]
7-23-15
U.S. Sen. Lisa Murkowski, (NGP Photo), yesterday issued the following response to the Interior Department’s approval of two conditional permits to Shell to resume its exploratory drilling in Alaska’s Chukchi Sea: “Today’s approval by the Department of Interior of the permits Shell needs to resume drilling in the Chukchi Sea is good news for Alaska and our country. However, it is not the final regulatory hurdle Shell faces and it is important that the agencies continue to work in good faith and in a timely fashion to complete the remaining [...]
7-22-15 Arrogant EPA Refuses To Testify On ESA
"Investment In Arctic Is Paramount", by Anne Seneca, President, Consumer Energy Alliance-Alaska Politico: House GOP launches fresh salvo at EPA on endangered species By Elana Schor House Natural Resources Committee Republicans say EPA is snubbing their request to testify next week on whether it abided by Endangered Species Act rules that the GOP hopes will provide a new weapon against the Obama administration’s power plant emissions rules. The House Natural Resources Chairman Rob Bishop’s species protection probe began in the spring, when Fish and Wildlife Service Director Dan Ashe admitted that EPA [...]
7-21-15 Presidential Candidate Kasich Wants High Oil Taxes To Cover Ohio Overspending
Calgary Herald by Alicjaa Siekierska. Carbon & dust emissions from oil sands activity stimulates forest growth. “...a pillar in President Obama's energy legacy of failure.” -Congressman Rob Bishop * * * BP Hires Vets Consumer Energy Alliance Relevant Energy Links Commentary: Today, 2-term Ohio Governor John Kasich announced his presidential bid (Photo credit: LA Times). He began his term with a multi-billion dollar deficit and now enjoys a $2 billion surplus. But Kasich's embrace of Medicaid could put more pressure on the budget every [...]
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7-20-15 BC LNG Moves Forward
Vancouver Sun by Dirk Meissner. Commentary: Could the Alaska gas pipeline/LNG project's need for fiscal certainty be modeled after BC's attempt to provide a 25 year window of certainty for investors? Alaska Governor Bill Walker (NGP Photo) has pledged to seek a fiscal certainty for Alaska's gas. But we have observed that since the major producers own both oil and gas facilities in the state, providing certainty for only the gas still leaves investors vulnerable to predatory taxation. Unfortunately Alaska has a long history of increasing or enacting oil taxes [...]
7-16-15 PLF Takes On WOTUS, Thank Goodness!
After filing objections to the EPA and Corps of Engineers' proposed "waters of the United States" rule in 2014, Pacific Legal Foundation attorneys have fulfilled their pledge to challenge the rule in court. Yesterday, PLF filed a lawsuit on behalf of several agricultural organizations and property owners because the regulation expands the scope of the Clean Water Act to an unprecedented extent, violating the terms of the Act and the Constitution's limits on federal authority. In this new Courting Liberty podcast, PLF Principal Attorney M. Reed Hopper discusses this new [...]
7-14-15 Alaska Gas Pipeline Commentary
Global LNG Markets: Implications for Alaska (Our Canadian readers can 'read between the lines'.) A presentation provided by Doug Rotenberg, BPs Chief Commercial Advisor, June 24, 2015. Note: "Demand uncertainty by certain, key Asian markets." Alaska Gas Pipeline Commentary: by Dave Harbour On the links list, lower right column, readers will find a link to Alaska's Economy, First National. Following that link, our readers will find this exchange among two commentors and your publisher: First Commentor: I hope parents share this (1st National economic information) with their teen age children. Alaska's future needs to be [...]