1-3-19 Shell Leads Big Canadian LNG Project

Comment: Alaskan investors have have been trying to engineer an economically feasible, North Slope LNG export project for over 40 years. British Columbia, also has LNG fever.  It struggles with a half dozen economically feasible export schemes -- occasionally confounded by Aboriginal claims, environmental activist obstruction and now, low LNG prices flowing from depressed world economies and a plethora of competitive LNG projects (See CBC review below). Unlike Alaska, the overwhelming majority of worldwide LNG export projects do not carry the burden of having to finance an 800 mile [...]

12-14-18 A Citizen’s View Of The Two Alaska Gasline-LNG Projects

AK-LNG & ASAP: A Citizen Considers the Risks of Continuing Government Ownership by Dave Harbour How would you cope with the smorgasbord of problems/challenges Mike Dunleavy, assumed upon being sworn in as Alaska's Governor in early December? Alaska Governor Mike Dunleavy Some of the challenges blocking Alaska’s road to economic recovery -- and obscuring its natural beauty -- include: a fiscal crisis and annual budget deficits, billions in state employee unfunded pension liability, the highest unemployment rate in the nation, growing crime, an amazingly burdensome array of [...]

12-13-18 Canada’s Trudeau Caves In To UN Jurisdiction

We can almost predict where this is going.  After all, Canada is a world class energy producer.  Energy is where the money is.  The UN 3rd world states need money.  Why not by edict take the money from Canada?  -dh https://www.eastonspectator.com/2018/12/10/betrayal-trudeau-government-signs-un-global-compact-on-migration-dealing-a-devastating-blow-to-canadian-sovereignty/ Betrayal: Trudeau Government Signs UN Global Compact On Migration, Dealing A Devastating Blow To Canadian Sovereignty Michael EastonDecember 10, 2018 by Spencer Fernando December 10, 2018 By signing the UN Global Compact, Trudeau is setting up a steady erosion of Canada’s independence, taking power away from the Canadian People. [...]

12-11-18 Alaska’s Russian Neighbor On The Other Side Of The Arctic Ocean Is Now Exporting LNG

All About Yamal, Alaska & Competitors Alaska Governor Mike Dunleavy Our consistent opinion throughout these pages is that government undertakes a fool's errand when it shifts its focus from its basic safety & management functions to other shiny objects outside its Constitutional authority. A $40-60 billion Arctic gas/LNG project is challenge enough for several of the largest oil company risk takers in the world.  But trying to own and control such a project -- as Alaska's previous governor tried to do -- is far, far beyond the [...]

11-19-2018

Gasline board approves formation of holding companies Alaskajournal.com Unanimously approved by the AGDC board of directors at its Nov. 8 meeting, 8-Star Alaska LLC provides the state-owned parent corporation with a ... New governor offers hints at Alaska megaproject's future E&E News Speaking at the AGDC board of director's monthly meeting, Meyer talked about the corporation's recent discussions with Federal Energy Regulatory ... With the election over, what's next for the gas line? Anchorage Daily News The dust is settling from the Nov. 6 elections, and many people are wondering whether Gov.-elect Mike Dunleavy will [...]

By |2018-11-19T10:24:20-09:00November 19th, 2018|AGDC, Alaskanomics, Commentary, LNG|0 Comments

9-12-18 Special Commentary For Oil & Gas Decision Makers, Custodians of Shareholder Wealth

FERC approves Kenai Borough as intervenor in Alaska LNG By Larry Persily Sept. 12, 2018 All three Alaska municipalities vying for a multibillion-dollar natural gas liquefaction plant and marine terminal are now intervenors in the federal regulatory process, giving each the legal right to challenge Federal Energy Regulatory Commission (FERC) decisions on the proposed Alaska LNG project. ...  Scroll down for Persily's full story below (Larry Persily, Northern Gas Pipelines photo by Dave Harbour) Our comment: In Alaska only the oil & gas industry must pay a special, state-wide property [...]

9-10-18 JUNEAU’S BIZARRE OIL PROTEST – AND – 9-11 Is Patriot Day Everywhere In the US, Except Governor Bill Walker’s Alaska

On Saturday, we observed 9-11 and honored all national defenders and first responders with BIG-HEARTED patriots in small town, USA! AFTERNOON NEWS ALERT: Through a Letter of Understanding signed today, the Department of Natural Resources, ExxonMobil, and BP agreed to terms to better align the settlement with the Alaska LNG Project. The agreement effectively stays the year-end 2019 deadline as long as the project continues to progress. The extension will end when the Alaska LNG Project reaches final investment decision, or when DNR notifies the parties [...]

By |2018-09-10T15:14:25-09:00September 10th, 2018|Alaska Governor Bill Walker, Commentary, LNG|0 Comments

8-6-18 Alaska LNG Project Hires A New External Affairs Executive

AK losing ANWR $ BY CRAIGMEDRED ...The 49th state’s share of anticipated revenues from the Arctic National Wildlife Refuge (ANWR) is on the verge of being slashed by what could be close to $1 billion, and the state’s top elected officials seem strangely quiet. ...last year’s GOP-led tax cut that included a 50-50 state split of future ANWR royalty revenues ...U.S. House Committee on Appropriations approved a fiscal year 2019 Interior and Environment Bill that cut Alaska’s share of  ANWR royalty revenue to 47 percent. The other 3 percent is to be [...]

9-5-18 Proper land management can protect the environment, economy and rule of law -dh

Our opinion:  Nationwide--including Alaska and California--national forest and park lands and land monuments should be physically and scientifically managed in a way that best supports sustained yield management.   Ironically, this scientific approach not only contributes to jobs and economic strength, but also best protects the environment when pursued in accordance with well established permitting regulations.  It also protects against erosion of the rule of law.   -dh The LA Times Inadvertently Admits Trump Is Right About What’s Causing California’s Massive Wildfires https://dailycaller.com/2018/09/02/la-times-trump-california-wildfires/ Adopting more active forest management policies such as [...]

8-14-18 Trouble In Canada’s Energy Sector

Oh Canada! Corbella: Saudi feud highlights Canada's lack of energy security  Calgary Herald.  “If you simply ask Quebecers — and most Canadians for that matter — 'Do you like or want pipelines? Or do you want oil in your life?' A clear majority … Your letters for Monday, Aug. 13 Calgary Herald.  Friday, as I often do, I sat at my kitchen island to read the Herald; nice to lay it flat ... Page A10, the last page of the first section, showed people in Calgary, ... Re: “Trudeau's actions have helped fuel Saudi regime,” Licia Corbella, [...]

8-8-18 Will Alaskans Let A CABAL Kill Their Economy?

Killing Alaska's Pioneering State Economy by Dave Harbour Here is a grassroots program designed to kill 49th state free enterprise.  This socialist feat is accomplished by creating an Enviro-Industrial-Governmental Cabal model with insufficient means of sustaining itself in the free market.  It reflects the same thinking that permits current Alaskan leadership to ignore prudent budgeting during a fiscal crisis while attempting to marry Alaska's future with Chinese Communist energy and finance companies in consummating an as yet infeasible LNG project.  We don't know whether to label such leadership "narcissistic", "naively well [...]

8-3-18 Friday Musings

Friday Musings: Commentary: Nakedness We are extremely disappointed with republican Kevin Myer and Alaska's current democrat lieutenant governor for their continuing support of Governor Bill Walker's socialized LNG export scheme.  For years we have provided evidence that in wake of lower shale-induced gas prices and extensive LNG export competition the producers have been right in proclaiming that, for an Alaska North Slope gas export project, "now is not the time".  Alaska's mostly tidewater based competitors do not have to include the cost of a massive, 800 mile Arctic gas pipeline.  [...]

8-2-18 Today’s Alaska LNG Project Realities

Today's Alaska LNG Project Realities Sinopec drops interest in managing AK LNG construction Alaskajournal.com The company has dropped its interest in managing construction of the Alaska LNG Project after traveling the 800-mile route through the state in May. LNG projects ramp up in response to growing market Alaskajournal.com Qatar plans to expand its LNG capacity by 23 million tonnes by 2023 ... Much closer to Alaska, Shell and its partners in LNGCanada are expected to ... OPINION: Trump is playing to win. Are Republicans? Alaskajournal.com The possible impact on the ultimate price of the Alaska LNGProject has been tossed around as [...]

7-31-18 Alaska Business Leader Opines On China

Alaska/China Bedfellows -Opinion- China purchases a Papa Bear's percentage of Alaska's prodigious seafood market.  No worries, though, because the interaction is largely year to year business interaction between the Communist country and a number of private sector risk takers. Alaska's governor believes that the seafood experience bodes well for his plan to finance a $40-60 billion Arctic gas pipeline/LNG project using long term contracts with China as security for a finance plan. Apples and oranges. A large number of private sector investors assume the risk that a seafood deal [...]

7-25-18 Alaska and Venezuela Have This In Common

Q.  What do Alaska and Venezuela have in common? Answer.  Both have economies that are dependent on volatile oil revenues.  Both have insufficiently diversified their economies.  Both overspent on social programs during times of high oil prices, ensuring that their economies would be unsustainable during times of low prices.  Both now spend more that their economies can afford.  Both place greater emphasis on creating new liabilities than attracting new investment.  Leaders of Venezuela and Alaska are attracted to socialized control of energy resources.   Both are experiencing fiscal crisis. Foreign [...]

By |2018-08-06T16:05:55-09:00July 25th, 2018|AGDC, Alaska's Fiscal Crisis, Commentary, LNG|0 Comments
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