2-28-13 President Presides Over Federal Land Energy Losses

Yesterday, in wake of Shell's announcement, Governor Sean Parnell (NGP Photo) said: “Taking the long view, we are at the early stage of a new era of oil exploration in the Arctic, one that will continue for decades in a measured and responsible way. Shell continues to have our full support for this project that is critical to America’s domestic energy security.” Dan Kish (See video below), distinguished Senior Vice President (Policy) for the Institute for Energy Research sends the following report, released today.  It is particularly relevant in view [...]

By |2016-12-22T22:31:14-09:00February 28th, 2013|Commentary, Federal Obstruction, You Read It Here First|0 Comments
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2-27-13

Today Shell announced it was suspending its 2013 exploration program.  That slides the possibility of new production from Alaska's OCS forward at least another year and puts new pressure on the Alaska Legislature to enhance the attractiveness of oil investments into existing legacy fields.  From legacy fields, with the correct government policies, new production can come relatively quickly--at least, compared to greenfield exploration in non producing areas of the Arctic OCS.  -dh Do Tax and Regulatory Burdens Affect Investment Decisions? ALASKA DISPATCH STORY.  As Alaska lawmakers grapple with whether to [...]

By |2016-12-22T22:31:14-09:00February 27th, 2013|Alaska Taxes, Commentary, Federal Obstruction|0 Comments
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1-26-13

  Yesterday's Great Oil Tax Debate.  Alaska Dispatch Story by Alex DeMarban.   Doug Smith (NGP Photo-R below), president and CEO of oilfield subcontractor Little Red Services, said after the debate he was concerned to see both sides misuse data. But Bill Wielechowski (NGP Photo-L above) seemed to do most of the misusing, by relying excessively on outdated information, Smith said.  ...  Malcolm Roberts (NGP Photo-L below), a member of a group called Backbone that opposes Senate Bill 21, said Halcro never rebutted many of Wielechowski's arguments. Roberts took issue  with a key point offered by [...]

By |2016-12-22T22:31:14-09:00February 26th, 2013|Alaska Taxes|0 Comments
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2-25-13 Big Debate Today

  Anchorage Chamber of Commerce:  Andrew Halcro (NGP Photo-L), president of the Anchorage Chamber of Commerce, and Alaska Senator Bill Wielechowski (NGP Photo) will debate oil tax reform at the “Make it Monday” forum today, held at noon on February 25 at the Dena’ina Center.  -dh The Alaska House of Representatives Resources Committee will today consider HB 72, the Oil and Gas Production Tax...and the Senate Resources Committee will consider SB 21, another bill designed to improve Alaska's investment climate.  -dh Calgary Herald.  Cequence Energy Ltd. (TSX:CQE) has agreed to swap a property plus about [...]

By |2016-12-22T22:31:14-09:00February 25th, 2013|Alaska Taxes|0 Comments
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2-22-13

Anchorage Chamber of Commerce:  Andrew Halcro (NGP Photo-L), president of the Anchorage Chamber of Commerce, and Alaska Senator Bill Wielechowski (NGP Photo) have agreed to publicly debate oil tax reform at the next “Make it Monday” forum, held at noon on February 25 at the Dena’ina Center. TODAY OCS Governors, led by Alaska Governor Sean Parnell (NGP Photo-below), welcomed the addition of North Carolina Governor  Pat McCrory. Calgary Herald: Alberta Premier Alison Redford says she is heading to Washington this weekend to lobby for the Keystone XL pipeline and she remains confident it will [...]

By |2016-12-22T22:31:15-09:00February 22nd, 2013|Alaska Taxes, You Read It Here First|0 Comments
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2-21-13 Reforming Alaska’s Predatory Production Tax

Our friends at Arctic Power have asked our readers to take the time to sign a petition supporting the opening of ANWR's Coastal Plain to Congressionally authorized oil and gas exploration.  We agree!   We also suggest that any American citizen or lawmaker who does not sign this petition cannot be serious about improving Alaska North Slope energy production.  - dh   A reorganization at Talisman Energy has resulted in layoffs for 90 Calgary employees, the company announced yesterday.  The company has been hinting job reductions for months and said in [...]

By |2016-12-22T22:31:15-09:00February 21st, 2013|Alaska Taxes, Commentary|0 Comments
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2-17-13

Fairbanks News Miner by Dermot Cole.   The discussion of the $1 billion per year Alaska oil tax credit system suffers from an incomplete look at the statistics.

By |2016-12-22T22:31:15-09:00February 17th, 2013|Alaska Taxes|0 Comments
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2-16-13

Point of personal privilege:  My son, Billy, and I remember our wonderful voyage in Mid-March 2012 on the Carnival Triumph (More Carnival Triumph Photos Here). Stuff happens in any pursuit, hence the Triumph's accident a year later--last week. There are no iron-clad guarantees of perfection in life. That said, I can't wait for our next cruise. One TV talking head yesterday said, "I didn't like my cruise...felt too closed in." However. my walks on the decks at sunrise and sunset, quiet time in the cabin or ship library reading and [...]

By |2016-12-22T22:31:15-09:00February 16th, 2013|Notes From the Road, Personal|0 Comments
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2-13-13

Calgary Herald by Deborah Yedlin.   ...the statements by ARC Financial's Peter Tertzakian as well as the speech delivered by former deputy prime minister Jim Prentice would have left a sense of urgency when it comes to the need to diversify markets for Alberta's oil production.  (Note: Friday's meeting of  Canada's Foreign Affairs Minister John Baird with newly appointed U.S. Secretary of State John Kerry.) This special edition of the Cruthirds Report (Requires Subscription) provides highlights and observations from the “Three Interconnections Meeting: Facing the Future With Interconnection-wide Planning” that was held in conjunction with [...]

By |2016-12-22T22:31:16-09:00February 13th, 2013|Federal Obstruction|0 Comments
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2-11-13

 U.S. Sen. Lisa Murkowski, R-Alaska, today delivered a speech on the floor of the U.S. Senate demanding that the Secretary of the Interior put the health and safety of Alaskans above the inconvenience of migrating birds when deciding whether a land exchange, involving the Izembek National Refuge, that would grant the residents of King Cove limited road access to emergency medical care was in the public interest. Click to watch video clip of Sen. Murkowski’s floor speech on the King Cove Road “Five years ago this Congress approved a land [...]

By |2016-12-22T22:31:16-09:00February 11th, 2013|Federal Obstruction|0 Comments
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2-8-13

Calgary Herald/Vancouver Sun by Gordon Hamilton.  The Canadian oil and gas industry is asking Ottawa for subsidies that could be worth $2 billion in tax savings to encourage the development of liquefied natural gas plants in British Columbia. Next Week's Alaska Senate Resources Committee Hearings Here! Executive Director, Jim Egan (NGP Photo), tells us that today's Commonwealth North meeting at noon in Anchorage: 2525 C St., will feature Apache Alaska Corp General Manager, John Hendrix. Fairbanks News Miner/AP.  A Senate panel said Thursday that Alaska's oil tax system likely helped [...]

By |2016-12-22T22:31:16-09:00February 8th, 2013|Alaska Taxes|0 Comments
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2-1-13

(Preparing for NARUC Meeting, Washington, D.C.) American Energy Alliance Morning Energy News - February 1, 2013 We needed to let this ripen for a day.  Its awesomeness originally overwhelmed us. Forbes (1/30/13) reports: “The EPA's Lisa Jackson: The Worst Head of the Worst Regulatory Agency, Ever… President Obama and his minions seem to think that freedom is a four-letter word.  His administration has imposed an array of intrusive, nanny-state, financial, environmental and consumer-product regulations that will cost Americans hundreds of billions of dollars.”   The good news is that this keeps her [...]

By |2016-12-22T22:31:17-09:00February 1st, 2013|Notes From the Road|0 Comments
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1-31-13

 (In route, Cuenca to Washington, D.C.) American Energy Alliance News Briefs:   It's not a question of enough, pal.  It's a zero sum game – somebody wins, somebody loses. Money itself isn't lost or made; it's simply transferred from one perception to another. Phoenix Business Journal (1/19/13) reports: “Salt River Project is evaluating a plan put forward by the U.S. Environmental Protection Agency that would require as much as $1.1 billion in emission upgrades at the Navajo Generating Station… The coal-fired power plant near Page is owned by a consortium of [...]

By |2016-12-22T22:31:17-09:00January 31st, 2013|Notes From the Road|0 Comments
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1-30-13 Helping our readers access the ‘whole story’ as they consider decisions….

Calgary Herald by Don Braid.  When Energy Minister Ken Hughes talks about the oilsands Thursday in Vancouver, he’ll have a message for our coastal cousins: “Not all roads lead through British Columbia.”  Translation: If B.C. won’t transport bitumen, Alberta will find somebody who’s glad to do it.  *****  Hughes says he’s interested in a plan to ship oil across Yukon to the Alaskan port at Valdez. He may have an announcement on that matter on Thursday.  “The pipeline there is only 50 per cent full and declining in volume,” he [...]

By |2016-12-22T22:31:17-09:00January 31st, 2013|AGIA, Alaska Taxes, You Read It Here First|0 Comments
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