Lest We Forget: On March 18, 1981 Alaska Created Two Decades Of Investment/Tax/Economic/Social Stability Commentary by Dave Harbour (Video: Governor Jay Hammond and Legislature Define 'Fair Share' Of Petroleum Revenue 3-18-81 from Dave Harbour archives on Vimeo.) TRANS ALASKA PIPELINE SYSTEM (TAPS) Four decades ago yesterday, Alaska created what was to be two decades of "quasi"-fiscal stability. We say, "quasi" because even in the wake of "reform", politicians would continuously be seeking "more revenue". But let us begin the story this way. 1980-81 was an era when [...]
Colleagues: The recent full exemption of the Tongass from the roadless rule is a positive event in these trying times. Towns and villages in Southeast existed long before the Tongass was designated as a national forest. The ability of our people to build futures for their families is a fundamental priority, which can be balanced with environmental concerns; the roadless exemption provides for this balance. The people of Southeast Alaska are benefitting from this action by a thoughtful administration. Sincerely yours, Don Habeger Executive Director First Things First Alaska [...]
11-16-19, NORTHERN ENERGY HISTORY: Exxon’s Important North Slope Position Includes Prudhoe Bay AND Point Tompson!
Producers 2019: Exxon pursuing two fronts Operator’s ultimate goal at North Slope Point Thomson unit is marketing 8 Tcf of natural gas Kay Cashman Petroleum News Caribou on oil industry gravel pad. Five feet above the mosquito infested tundra decreases mosquito caused mortality among spring-born calves. -dh One of the earliest explorers in Alaska and one of the primary working interest owners on the North Slope, ExxonMobil did not embark on the $4 billion Point Thomson development just to produce 10,000 barrels of condensate a day. Production [...]
Correction: in our recent email alert we rightly associated Anchorage property taxpayers with proposed bonded indebtedness but inadvertently associated property taxpayers with a proposed liquor tax. -dh Lest We Forget: Alaska Once Created Two Decades Of Investment/Tax/Economic/Social Stability Commentary by Dave Harbour TRANS ALASKA PIPELINE SYSTEM (TAPS) Thirty-Eight years ago today, Alaska created what was to be two decades of "quasi"-fiscal stability. We say, "quasi" because even in the wake of "reform", politicians would continuously be seeking more revenue. But let us begin the story this way. [...]
BREAKING NEWS, 2:40 EDT: TRANS CANADA REFILES FOR KEYSTONE XL ROUTE Posted By RICK BOYLES FOR THE JUNEAU EMPIRE Keeping the oil industry healthy An observation from educator/philosopher William James came to mind as I watched Robin Brena lecture the House Resources Committee a few days ago on his version of reality. “There’s nothing so absurd that if you repeat it often enough, people will believe it,” James wrote. Well, Brena repeated the words “fair share” 40 times during his two-hour, 71-slide presentation. In Brena’s mind, “fair share” [...]
Overtaxing Is As Bad As Overfishing Alaska Journal of Commerce by Andrew Jensen Dating back to before statehood, Alaskans know that overfishing is a bad thing. Stopping overfishing of salmon and regaining control of the resource was in fact one of the driving forces in the effort to become a state. What we know about sustainability of our vast fisheries resources is worth applying to yet another debate over another immense asset — our oil — and the means by which that resource is taxed. Get ready for more [...]
10-5-16 OVERHAUL ALASKA’S FISCAL POLICY! – Alaskan and Canadian Energy Players Won’t Want To Miss This Week’s FAIRBANKS Confab!
For Alaska to SurThrive (Survive and Thrive), Alaska's Fiscal Policy Needs an Overhaul! BY JOE BEEDLE AND JOE SCHIERHORN Alaska Business Monthly Joe Schierhorn (L) and Joe Beedle, ABM Photo Brexit is an abbreviation for “British exit,” referring to the June 23, 2016, referendum whereby British citizens voted to exit the European Union. We would argue that Alaska’s exit or avoidance to deal with fiscal discipline amounts to Alaska’s exit from economic and fiscal reality, a dysfunctional end to prosperity, an “AK-IT” scenario. We need legislative action to [...]
Journal of Commerce, 8-7-14, by Andrew Jensen. If there is one thing Anchorage Democrat Sen. Bill Wielechowski (NGP Photo) is good for, it is providing column material with his reactions to ConocoPhillips earnings reports. This quarter is no different, and he definitely isn’t making the task any more difficult. • “Yesterday ConocoPhillips announced $627 million in 2nd quarter profits from their Alaska operations or nearly $7 million per day from Alaska alone. On an hourly basis that equates to almost $300,000 in profits each and every hour.” So? Here Wielechowski is simply [...]