Petroleum News. Oil Patch Bits: Bell acquires operations manager - 06/14/2015 (Login to read Full story) F. Robert Bell and Associates announced that Frank Thomas “FT” Bell has returned to the firm and will fill the new position of operations manager to further develop company goals. He will help Bell and Associates run more efficiently and grow as much as possible. In addition, he hopes Bell and Assoc....
Petroleum News. Request for proposals for Interior Gas Project due Aug. 3 - 06/14/2015 (Login to read Full story) The Alaska Industrial Development Export Authority has issued a request for proposals for the Interior Energy Project, with proposals due Aug. 3, the first step in what the agency describes as a two-step public process. The goal of the Interior Energy Project is to provide low-cost energy to Interi....
Petroleum News: EPA: No widespread harm from fracking - 06/14/2015 (Login to read Full story) Hydraulic fracturing to drill for oil and natural gas has not caused widespread harm to drinking water in the United States, the Environmental Protection Agency said June 4 in a report that also warned of potential contamination of water supplies if safeguards are not maintained. A draft study issu....
KTVA VIDEO. Alaska is on track to build the largest natural gas project in the world, according to the Alaska Gasline Development board. They say the U.S. Department of Energy’s license approval is big news — it means Alaska will be allowed to sell its liquefied natural gas (LNG) to any country in the world. Before, only countries on the United States’ free trade list were allowed. It will open the market into Asia, where countries like Japan are in desperate need of LNG. “Getting that, I can’t say enough, it’s a [...]
Tomorrow.... Commentator Thorpe Watson advises us to get ready for a medieval lifestyle. This morning he emails us that: The G7 countries have declared war on hydrocarbon fuels (aka “fossil fuels”). They have pledged to end the production and use of coal, oil, and gas by 2100. (The Telegraph 9 June 2015 “G7 pledges to end fossil fuel use this century”). In other words, it is a pledge to commit economic suicide and to make us more vulnerable to natural climate change. It is a bleak [...]
Friday We Wonder If Today's EPA Announcement Pleases Our Energy Readers: layer this on top of the WOTUS, Ocean Policy, ESA, CAA, CWA and War on Coal MATRIX! Like the industrious Lilliputians did with Gulliver, is EPA -- under White House direction -- strapping the great American economy to the ground, immobilizing it, pretext to total control of the people and their free enterprises? Frankly, the EPA's authoritarian use of rulemaking -- to us -- more resembles a well coordinated attack strategy than simple incompetence. -dh (Ref. 2012 E.O.) RELEASED TODAY: BP's [...]
.JPG)
A new competitor for the Alaska oil patch: A Bakken-sized NWT shale play? More.... The Hill's Energy Links NOTE: NEXT WEEK, the U.S. House of Representatives Subcommittee on Energy and Mineral Resources will have an Oversight Hearing on Arctic Resources and American Competitiveness. Our readers may watch, live. Here's more.... -dh U.S. Sen. Lisa Murkowski (NGP Photo), today advanced her efforts to end the current prohibition on most U.S. crude oil exports in a report entitled “Rendering Vital Assistance: Allowing Oil Shipments to U.S. Allies.” More.... BP in Alaska is a biannual [...]
WASHINGTON, D.C. – The Committee on Natural Resources has scheduled a markup beginning on Wednesday, June 10, 2015 at 4:00 PM in 1324 Longworth House Office Building. The Committee will consider the following bill, among others: H.R. 2295 (Rep. Thomas MacArthur), To amend the Mineral Leasing Act to require the Secretary of the Interior to identify and designate National Energy Security Corridors for the construction of natural gas pipelines on Federal land, and for other purposes. “National Energy Security Corridors Act” TODAY'S RELEVANT ENERGY CLIPS FROM CONSUMER ENERGY ALLIANCE: KZOR FM 94.1 – Hobbs, New Mexico: Media Interview. This week [...]
Comment. Readers can be sure that when Alaska's governor calls a summit on the state's fiscal situation, the outlook for oil and gas investors becomes less certain. (See ADN story, column left) This is because the natural course of politics is to tax entities with the most cash and fewest votes and protecting large voting blocks of beneficiaries. For example, the capital intensive oil industry employs very few, highly skilled masters of technology to produce great wealth. Other industries, like commercial fishing and tourism are people intensive; they employ huge armies [...]
Commentary: Today, Governor Rick Perry (NGP Photo) announced his candidacy for president. His message embraced a reversal of most Obama-era policies--especially those involving energy. He said, "There is nothing wrong in America today that a change in leadership will not (correct)." (Full Video Below) We hope that is so; if it is to be so, it will take the sort of passion, commitment, experience and determination reflected in his remarks today. Yesterday a dear friend on Facebook posted an editorial about 'unaffordable housing costs and stagnant wages'. It sounded to me like [...]
TODAY: “The Environmental Protection Agency released the final version of a new rule that will dramatically increase the agency’s power, and will devastate Americans’ ability to use their own property and their own water." Pedro van Meurs Mexico Meeting This Summer National Energy Board Staffing AP/ADN by Dan Joling (NGP Photo). Ten environmental groups Tuesday sued a federal agency over its approval of a plan by Royal Dutch Shell PLC for exploratory petroleum drilling off Alaska's northwest coast. Comment on Arctic exploration. We have the highest regard for Shell, its employees and its [...]
NEW Alaskan Discoveries Are Significant: See TODAY'S NEWS! (Note: we thank Rebecca Logan {NGP Photo}, Alliance General Manager, for alerting us to this important announcement!) Keystone XL Commentary by Robert Dillon (NGP Photo), U.S. Senate Energy and Natural Resources Committee TODAY'S RELEVANT ENERGY LINKS, COURTESY OF CONSUMER ENERGY ALLIANCE Calgary Herald British Columbia's energy projects lure companies stung by Alberta downturn Calgary Herald Still, all of the LNG terminals proposed for the British Columbia coast remain in the planning stage while gas and crude- oil pipeline projects face ... CBC.ca Kinder Morgan Trans [...]
Economic Death Spirals: Part I By Dave Harbour Economic Death Spirals are never pleasant and can vary in impact. As a former utility regulator, I was always on the lookout for potential utility death spirals, for their impact could bankrupt utility investors, make utility rates unaffordable for consumers and/or threaten the lives of those dependent on life sustaining heat, light, water and sanitary services. A utility death spiral can strike when rates become too high for consumers to afford. In such a case, fewer consumers can pay for the service. [...]
Comment: We remind our Canadian and U.S. readers that with so much North American oil and gas existing and potential production and with so many more LNG export projects than the market can accommodate, any major news such as the Alaska LNG export approval today affects investors, jobs, treasuries and economies in both countries. -dh BREAKING NEWS TODAY! U.S. Sen. Lisa Murkowski, R-Alaska, today cheered the Department of Energy’s approval of a liquefied natural gas (LNG) export license for Alaska’s massive North Slope natural gas resources. READ ENTIRE STATEMENT HERE.... Our [...]
Alaska LNG Reviews Pipeline Route With Government Agencies, by Larry Persily (NGP Photo) on behalf of the Kenai Peninsula Borough Petroleum News: Canada's Mackenzie Gas Project Still Breathing! Today: funeral services for our longtime friend, energy advocate and "Alaska's Diplomat", Chuck Becker (NGP Photo). Tomorrow: the big LNG meeting in Anchorage, open to media and the public. Next Week: The U.S. Energy Information Administration (EIA) will hold its 2015 EIA Energy Conference on June 15 and 16 at the Renaissance Downtown Hotel in Washington, DC. The EIA Energy Conference has become a premier forum [...]
.jpg)
.JPG){kind=link}
.jpg){kind=link}