11-29-12 Alaska Oil Tax Reform

Huffington Post Canada/CP.  Joe Oliver pressed a room of business people in Vancouver on Wednesday to recognize their companies must play a key role in convincing the public their projects are advantageous not just to them, but to everyone.  He said future development of resources relies on public confidence, so business must make its case using messaging that is believable. Decision Makers Should Listen to Keithley and Marks Commentary by Dave Harbour Brad Keithley (NGP Photo-L) recently described in his blog, five recommended characteristics of oil tax reform.  We'll focus on the [...]

By |2016-12-22T22:31:22-09:00November 29th, 2012|Alaska Taxes, Commentary|0 Comments
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11-23-12

Access Important Industry Presentations and Videos of  RDC's Annual Conference Last Week In Anchorage.     *     Edmonton Journal/CH, by Dave Cooper.  Atco Pipelines announced Wednesday it is proposing to spend up to $700 million to replace 260 kilometres of high-pressure natural gas pipelines in Calgary and Edmonton, with the cost to homeowners spread over five years. CEA President David Holt Describes Next Steps Consumer Group Anticipates for The Keystone XL Pipeline: Cook Inlet Gas Supply: From Whence Does It Come?  Utilities Work the Realities.  Political Leaders Opine.   [...]

By |2016-12-22T22:31:23-09:00November 23rd, 2012|Commentary, Intrastate Gas|0 Comments
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11-20-12 – Will Canada Begin Using the TAPS Terminal by 2018?

 Celebrate its 30th Anniversary with the Alaska Support Industry Alliance! North Dakota Sets New Record; take that, Alaska! Our American Readers Celebrate Their Thanksgiving. Our RDC Friends Have Posted Energy Conference Presentations Here. From the Huffington Post: We continue to admire Financial Post's columnist Diane Francis (CH Photo), for her probing work.  -dh   A group of Canadian businessmen has obtained the blessing of Alaskan tribes and Canadian First Nations to build a railroad through their lands that could carry up to five million barrels per day from the oil [...]

By |2016-12-22T22:31:23-09:00November 20th, 2012|You Read It Here First|0 Comments
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11-19-12 – Notes From the Road

Petroleum News Alaska by Kristen Nelson: BP Exploration (Alaska) and ConocoPhillips Alaska, the North Slope’s major operators, delivered similar messages to the Resource Development Council’s annual conference Nov. 14 in Anchorage: The state’s oil and gas tax system needs to be changed. Brad Keithley's Blog (NGP Photo): "in order to achieve what many call their first priority — oil reform — the Governor and legislature now are first going to need to relearn what they should have already been practicing all along — fiscal restraint." Commentary: Today's report features news from Canada's [...]

By |2016-12-22T22:31:24-09:00November 19th, 2012|Commentary, Notes From the Road|0 Comments
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11-18-12 Notes From the Road

  Dear Readers: We continue our photo, writing and other assignments as we explore more of Ecuador, this time the many micro climates leading gradually down from Cuenca to Loja and Vilcabamba.   We cannot speak too highly of the delectable, organic food and the sweetness of the indigenous people and courtesy of Spanish descendants--from children to shopkeepers to executives.  The cultural offerings challenge any accomplishments in the performing and visual arts of which we are aware and the scenery, wildlife and consistently moderate climate make visiting here a true [...]

By |2016-12-22T22:31:24-09:00November 18th, 2012|Commentary, Notes From the Road|0 Comments
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11-15-12

Houston Chronicle: Energy alliance official: Keystone approval likely soon.  “I think there’s no doubt the Keystone pipeline will be approved in fairly short order and generate economic growth,” John Northington, counsel to the alliance, said. But Northington and former Bush campaign official Michael Whatley (NGP Photo), executive vice president of the alliance, agreed looming talks about tax reform threaten to hurt independent drilling companies if the tax credit for intangible drilling costs is cut or eliminated. “If you take away those intangible drilling costs (for) independent producers, 25 percent of their [...]

By |2016-12-22T22:31:24-09:00November 15th, 2012|Federal Obstruction|0 Comments
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11-13-12 – “Alaska Under Siege”

"ALASKA UNDER SIEGE" Video Production (View This Classic Three Part Series Below) by Dan Fagan Our Commentary.  Dan Fagan's (NGP Photo) world class video documentary should be required viewing for every Alaska citizen, member of Congress, every federal official dealing with Alaska energy and natural resource issues and our Canadian readers desiring to better understand their westerly, Northern cousin. Part one of the series introduces the concept of federal overreaching jurisdiction in Alaska, the application of the federal ‘iron fist’ and how it is successfully clouding the potential, bright future of Alaska (and [...]

By |2017-06-09T08:28:16-09:00November 13th, 2012|Alaska Taxes, Commentary, Federal Obstruction|0 Comments
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11-12-12

Petroleum News Alaska by Eric Lidji (NGP Photo).  The public corporation of the state is currently conducting due diligence to determine whether it should build, own and operate a 4.5-mile access road connecting the existing Tarn road to the Mustang field, as well as a production pad at the development site.   After announcing a 40 million barrel discovery earlier this year, the small independent Brooks Range Petroleum Corp. is working to bring the Mustang field online by 2014.  Consumer Energy Alliance Weekly Report Your Alaska Link hosts Doreen Lorenz and [...]

By |2016-03-13T03:45:30-09:00November 12th, 2012|AGDC, AGIA|0 Comments
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11-3-12

For our Oil & Gas Journal subscribers:  ALASKA IN-STATE PIPELINE—1: STUDY CONFIRMS FEASIBILITY OF IN-STATE ALASKAN GAS PIPELINE ...   Zhenhua Rui Independent Project Analysis Inc. USA Ashburn, Va. Construction of an Alaska in-state natural gas pipeline is feasible at any of three flow rate scenarios: 500 MMcfd, 750 MMcfd, and 1,000 MMcfd. Selection of a particular rate depends on specific conditions and perspectives, but the results of the study underlying this article show that building an Alaska in-state gas pipeline is reasonable for all three, assuming a 30-year operating life. This [...]

By |2016-03-13T03:46:37-09:00November 3rd, 2012|AGIA|0 Comments
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11-2-12 – Alaska Economist Publishes Trans Alaska Pipeline Property Tax Analysis: “Double Taxation”

Calgary Herald by Kelly Cryderman.  The public is still in the dark when it comes to the progress made and dollars spent on Alberta’s homegrown strategy to curb greenhouse gas emissions.... Alaska is engaging in double taxation of the Trans Alaska Pipeline (TAPS) via a property tax that causes assets to be depreciated more than once.  In an analysis now appearing in the Journal of Legal Issues and Cases in Business, well known Alaska Economist Roger Marks (NGP Photo) noted that the current TAPS property tax burden results from a 2005 [...]

By |2016-12-22T22:31:41-09:00November 2nd, 2012|Alaska Taxes, You Read It Here First|0 Comments
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11-1-12

Graham Smith (NGP Photo) of the Alaska State Pipeline Coordinators Office Reports TODAY that the agency's Annual Report Is Now Available.  Smith says that, "The State Pipeline Coordinator’s Office is the lead state agency for processing pipeline right-of-way leases, and it coordinates oversight of state-regulated pipelines." He adds that the annual report provides, "general information for each common carrier pipeline, highlights lessee reported activities, summarizes specific state oversight activities for pipeline construction, operation, and maintenance, and provides an outlook for the next fiscal year, including updates on several proposed natural gas pipeline projects." [...]

By |2016-12-22T22:31:41-09:00November 1st, 2012|Commentary, Federal Obstruction, You Read It Here First|0 Comments
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10-30-12 Is Alaska Fiddling While Russia Fires Up Arctic Gas Exports?

ADN Op-Ed by Scott Jepson (NGP Photo).  ...high taxes on North Slope oil production, in particular the tax increases passed by the Legislature in 2007 under a bill called ACES, are hurting the investment climate on the North Slope and ultimately the long-term health of Alaska's economy. Calgary Herald by Dan Healing.  Growing competition from oilfields as far away as Colombia and Brazil make it increasingly critical that Canada gain access to new markets for its oil, says a Scotiabank report released Monday. Alaska Dispatch by Tony Hopfinger and Scott [...]

By |2016-12-22T22:31:41-09:00October 30th, 2012|Alaska Taxes|0 Comments
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10-29-12 Shell Stops Summer Work; Exxon Starts Point Thomson Winter Work!

 Brad Keithley's Latest Exchange With Critics of Budget Cutting Shell Stops 'Summer' Work (Anchorage, AK) – Alaska Natural Resources Commissioner Note: As we write this, it is still Friday afternoon (10-26), but we wanted those who sign onto the website to find it because this Point Thomson news is hot off the press, just announced at 1:30 this afternoon by the Department of Natural Resources' Elizabeth Bluemink.  The reason we are 'pre-posting' is that we don't know when we'll be able to upload more news.  We are soon to be en [...]

By |2016-12-22T22:31:41-09:00October 29th, 2012|You Read It Here First|0 Comments
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10-27-12 More Weekend Reading

Comment:  Dear readers usually tip us about northern energy news quickly and we try to get it out immediately, if justified.  Last week, we were first to report that the Alaska Stand Alone Gas Pipeline (ASAP) Environmental Impact Statement had been completed.  We noted it as a historical event, a great achievement which still leaves the project and decision makers with many unanswered questions.  OUR READERS HEARD IT HERE FIRST AND HERE IS THE LINK, TO SAVE ONE FROM SCROLLING DOWN.  We note as an additional reference that yesterday, Emily [...]

By |2016-03-13T03:44:28-09:00October 27th, 2012|You Read It Here First|0 Comments
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10-26-12 – U.S. Congressman Doc Hastings Focuses On Alaska’s Energy Potential!

 Note Canadian Energy Challenges Below Friday Alert and Comment:  U.S. House of Representatives Natural Resources Committee Chairman Doc Hastings (NGP Photo) has been one of the top two advocates in the entire United States Congress for adopting a reasonable national energy policy--in our studied opinion.  Since Alaska composes 3/4 of America's coastline, 20% of her total land mass and holds, arguably, the preponderance of America's potential oil, gas, coal and strategic metals reserves, his voice is as critical to Alaska as it is to the nation.  Here is a statement Chairman [...]

By |2016-12-22T22:31:41-09:00October 26th, 2012|Commentary, Federal Obstruction|0 Comments
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