4-17-17 Alaska’s Leaders Bring State To Edge of Fiscal Crisis Cliff — TAX HEARING TONIGHT!

Comment:  In addition to increasing oil taxes in a low oil price era, the Alaska State House of Representatives is advocating recreating an Alaska income tax in an effort to maintain its outrageous, deficit spending on public employees and entitlement programs.  We heartily endorse the comments of the State Senate President, below.    PLEASE SEE THE MESSAGE BELOW FROM CARL PORTMAN (i.e. NGP Photo), RESOURCE DEVELOPMENT COUNCIL FOR ALASKA RE: TODAY'S TAX HEARING!  -dh News from the Alaska State Legislature, the Office of Senate President Pete Kelly JUNEAU – [...]

By |2017-04-17T15:31:52-09:00April 17th, 2017|Alaska Taxes, Alaska's Fiscal Crisis, Commentary|0 Comments

4-11-17 So who thinks Alaska LNG is competitive today?

From our Aussie energy analyst; more LNG from the Middle East: So, does a new tranche of Quatarian gas make North American LNG less or more competitive?  Regardless of your answer does anyone dispute that Alaskan Arctic LNG, with the liability of financing an 800 mile pipe in the high cost North, will be the last to be financed (i.e. without government subsidy)?  -dh Last week we reported on the Qatari announcement that the No. 1 gas exporting nation (but not quite No. 1 footballing nation) was lifting its [...]

4-6-17 Irresponsible Government Budgets Cry Out For Spending Limit

See our related spending limit commentary, 1-30-17 First warning to lawmakers December 30, 1980 was,"Control spending while you can; it is the CHALLENGE OF PLENTY!" Kudos to the "in the trenches" work of Jeremy Price, Commentary below GUEST COMMENTARY: Budget crisis highlights need for spending cap  By:  Jeremy Price Guest commentary Alaska Journal of Commerce, 04/05/2017 Irresponsible spending by state lawmakers has left us with a multibillion-dollar budget deficit. This latest crisis underscores the need to tighten the state’s “spending cap” on annual expenditures, and a bill recently passed in the [...]

4-4-17 The ‘Climate Change’ Farce Becomes More and More Apparent

From our friends at American Energy Alliance: Trust us. This isn't an anomaly. Inside Sources (3/30/17) reports: “Conservatives for Clean Energy seems like a right-leaning environmental group. After all, it has conservative in the name and its website praises “choice and competition” for providing benefits for consumers. Its website explains that the group “educates the public on the benefits of clean and renewable energy sources.” But is the group in fact more green than red? Despite its free market trappings, Conservatives for Clean Energy has financial ties to major [...]

4-3-17 Russia Is Strong In the Arctic — U.S. Better Get Its Act Together!

Note: The US better get its act together if it wishes to be a player in the Arctic.  Russia is on the march.  Alaska is the U.S. Arctic gateway.  Does the U.S. wish to become competitive in an area where the majority of the world's energy reserves are...or, do we play defense against Russian economic and military initiatives.   See our 4-1-17 Russian commentary.  -dh Russian tanker forges path for Arctic shipping super-highway Author: Olesya Astakhova, Reuters SABETTA, Russia — An ice-breaking liquefied natural gas tanker docked for the first [...]

By |2017-04-03T04:36:28-09:00April 3rd, 2017|Arctic Policy, Commentary, Competition, OCS|0 Comments

4-1-17 IT’S APRIL FOOL’S DAY! But the comment below is real.

Alaska Governor Wants Trump to Back LNG Pipeline “Socialism is the philosophy of failure, the creed of ignorance, and the gospel of envy.” —Perth, Scotland, 28 May 1948, in Churchill, Europe Unite: Speeches 1947 & 1948 (London: Cassell, 1950), 347. Our commentary:   As an Alaska citizen and federal taxpayer this writer resents and opposes the suggestion by Alaska's governor that public dollars be wasted on his government-owned, socialist LNG pipedream project: in the form of grants, loans or loan guarantees.     Conservatives and liberals alike should be able [...]

3-31-17 Shale is competitive but how about high cost, Alaska Prudhoe Bay and Alberta Oil Sands?

When we read Frost's, The Road Not Taken, neither he nor we know if the path he took was best.   Courtesy: Pinterest Heaven knows we've opined enough on the effect of hostile government policies on the ability of producers in high cost environments to continue producing taxes and royalties for their governments and profits for their shareholders.  We've encouraged northern Alaska state and Canadian provincial governments to spend more time looking outward -- to better understand global competition.  Instead, politicians on both sides of their national boundaries are [...]

3-29-17 Governor’s Government LNG Marketing Efforts Cost Much, Produced Little to Nothing

If you had a multi-billion dollar private sector project... Courtesy Buzzfeed. ...would you hire a government bureaucracy to do it for you?   Actually, this is what is happening.  The citizens of Alaska elected a lawyer who takes over a private sector project, flies around Asia and the Lower 48 on marketing trips, and continues to operate LNG marketing offices in Japan and Houston while supporting tax increases on the oil industry and presiding over a state that refuses to significantly cut its operating budget while its subsidized budget [...]

3-21-17 Economist Roger Marks Fact Checks Lawyer’s “Fair Share” Cliché (UPDATE)

Calgary Herald by Javier Blax.   Exxon Mobil Corp., Royal Dutch Shell Plc and Chevron Corp., are jumping into American shale with gusto, planning to spend a combined $10 billion this year, up from next to nothing only a few years ago.  (Many Alaskan and Alberta elected officials -- obviously -- have no concept of the principle of worldwide competition for attracting natural resource investment dollars.  -dh) Critical Thinking The end of the Alaska Legislature's 2017, third trimester approaches.  The socialist-leaning House majority has cut off debate on their [...]

3-16-17 We have trusted you, President Trump, to maintain your correct climate change (hoax) position. Please do not let one or two close advisors deter you from the right course!

Photo: Ivanka Trump and Jared Kusher, for whom we have held great regard based on their dispassionate, logical, loyal and wise counsel.     If we ourselves misunderstand the larger picture and strategy, we invite additions/corrections and will highlight any corrections at the top of this and/or subsequent postings, as is our custom. The accuracy of our archives is our most important priority. -dh Congratulations, Mr. President, on moving to pull back EPA’s fuel efficiency standards! "The president's daughter and son-in-law pushed the Republican executive to get rid of [...]

3-12-17 Making Sure Our Readers Caught This Late Thursday Piece

If you missed it, please find our LATE Thursday piece on Crony Capitalism in Alaska and Washington right here.... We continue to ask to a non-responding bureaucracy: “Who in his right mind could think a $45 billion gas pipeline/LNG project could go well if it were owned by a non-accountable government of temporarily elected and appointed officials?” Big spending politicians, crony capitalists and related special interests seem to be in control of Alaska’s fate as we close out this week.  

3-11-17 It’s Like ‘Peer Review’ When So Many Who Research ‘Climate Change’ Agree It Is A Fraudulent Technique To Redirect Power And Money!

Please reference: yesterday's Crony Capitalist commentary Yesterday we provided readers with a fairly detailed analysis of the Crony Capitalism that is inundating so much of the civilized world.  Liberal politicians and their constituencies of "true believing useful idiots" have already brought the great republics and democracies of the world very close to socialist dictatorship. The commentary and links below just arrived in our mailbag today, the day after our Crony Capitalism commentary. In yesterday's piece, we carefully outlined how Cronyism is able to succeed because of its ability to convince a [...]

3-10-17 Crony Capitalists Exert Unwarranted Influence

Please scroll down for today's crony capitalist commentary Today, our Aussie Oil & Gas energy analyst friend observes that, "Overnight Repsol announced an onshore discovery of 1.3 B bbls - the largest in the US for 30 years.  This follows on from similar sized discoveries in the State last year in the immediate offshore.  Unfortunately prices will likely need to solidly hold above US$50 before these will be developed in this high cost (and high tax) location."   We refer readers to the view of some that taxes do not [...]

3-4-17 Day 1: On The Road Again, From Cuenca and Guayaquil, Ecuador to Peru

A personal note: Yes, we travel a bit.  For over a decade we have endeavored to provide daily updates to keep these Archives current for your current and future reference.  Our individual and family work and travel over the years has taken us to most states and Canadian provinces, to China, Europe, Korea, Japan, Russia, South America and the Middle East.  But no matter where we go, we think of you -- counting on us to maintain a complete archives of northern energy projects, people, maps, presentations, documents, news and commentary. [...]

3-1-17 Since Alaska Has Most Federal Land, New DOI Secretary Is Important Cabinet Post

Murkowski Congratulates New Interior Secretary  (Pssst.  The DOI secretary is the custodian of federal lands.  The majority of federal lands are in Alaska.  The majority of Alaska is composed of federal lands.  Therefore, Alaskans consider the DOI secretary one of the most vital cabinet posts.  -dh)                                                                                 WASHINGTON, D.C. – U.S. [...]

By |2017-03-02T05:32:11-09:00March 1st, 2017|Commentary, Uncategorized|0 Comments
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