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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1-26-13 Does It Pass The Smell/Smile Test?

"Does It Pass The Smell/Smile Test"? Commentary by Dave Harbour Last week the Alaska House of Representatives minority released a study on the fiscal effects of oil tax reform.  The Fairbanks News Miner reported that passing Governor Sean Parnell's (NGP Photo) proposed reform, intended to increase investment and oil production in the state, would show, "an alarming loss in revenue."   Evidence from many sources makes clear to anyone with eyes to see and ears to hear that absent reform, Alaskan oil investment will continue to diminish.  The resulting lower throughput [...]

By |2016-12-22T22:31:17-09:00January 26th, 2013|Alaska Taxes, Commentary|0 Comments
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1-17-13 Part IV Of The Alliance Report

Fairbanks  News Miner/AP.  Gov. Sean Parnell (NGP Photo) on Wednesday set new benchmarks for progress on a major natural gas pipeline project in Alaska and urged lawmakers to act this year on legislation to change the state's oil tax structure.  In his fourth State of the State address, Parnell told a joint session of the Legislature that he wants the companies involved in advancing a long-hoped-for gas line project to settle on a concept by Feb. 15.  (See text: Governor's State-of-the-State speech.)  ...  Max Buxton story.  When it came to [...]

By |2016-12-22T22:31:17-09:00January 17th, 2013|Alaska Taxes, Commentary, Federal Obstruction|0 Comments
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1-15-13 – Part II Of The Alliance Report And Much Ado About Gas Pipelines

Peninsula Clarion by Brian Smith.  Local lawmakers will pitch several measures addressing issues like an in-state gas line, corporate taxes, interstate mining lobbying and governmental audits when the first session of the 28th Alaska State Legislature gavels in Tuesday.  Perhaps the biggest piece of legislation a local legislator has tagged his or her name to is House Bill 4, the newest incarnation of last year’s effort from House Speaker Mike Chenault (NGP Photo-L) and Rep. Mike Hawker (NGP Photo) to see a 24-inch, 500 mcf per day gasline built from the [...]

By |2016-12-22T22:31:18-09:00January 15th, 2013|Alaska Taxes, Commentary, Federal Obstruction|0 Comments
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1-6-13

ADN by Mike Dunham.  The overwhelming majority of Alaska is getting colder and has been since 2000, according to a study by researchers with the Geophysical Institute at the University of Alaska Fairbanks.  (We note that several of the Obama Administration decisions to inflict the Endangered Species Act furies on Alaska are based on the notion that although various species (i.e. Polar Bear (NGP Photo), seals, beluga whales) are doing well in Alaska, they COULD someday be adversely affected by global warming/climate change and that the government should, therefore, restrict human activity [...]

By |2016-03-13T03:43:03-09:00January 6th, 2013|Commentary, Federal Obstruction|0 Comments
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1-4-13 Alaska’s Budget Policy Is Unsustainable But Fixable

From Ziff Energy: North American gas resource has the capability to deliver over 90Bcf/d by 2020.  Western Canada will provide 15% over which the Montney Tight Gas region is a third.  While Western Canada full cycle costs are slowly being ground down to $5.15/Mcf in 2011 from a high of $8.70/Mcf in 2007, the economic uplift of LNG is boosting the net gas price for the producer.   Alaska's State Budget: The Good News and the Bad News Commentary by Dave Harbour Yesterday, the University of Alaska's Institute of Social [...]

By |2016-12-22T22:31:19-09:00January 4th, 2013|Alaska Taxes, Commentary|0 Comments
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12-31-12 – Alaska Intrastate Gas Project To Be Separated From Alaska Housing Finance Corporation

Alaska Journal of Commerce by Tim Bradner.  ... 2013 could be pivotal for Alaska’s oil and gas industry. Comment.  We cannot maintain our lifelong tradition of proclaiming, "Happy New Year", today.  This is because we have seen and delivered to faithful readers convincing proof that in these last four years America has become a different country and will never again be what our parents and forefathers envisioned.  On a brighter note, we can earnestly celebrate the hope and everlasting peace that may come from being personally prepared for the 'new [...]

By |2016-12-22T22:31:19-09:00December 31st, 2012|Commentary, Intrastate Gas|0 Comments
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12-27-12

Environmental Protection Agency: "Lisa Jackson Leaving EPA In January."  (Commentary on Government Waste, By Dave Harbour) We received an email about Jackson's upcoming departure with this message: "This service is provided to you at no charge by U.S. Environmental Protection Agency."   We boldfaced two words above to demonstrate the abysmal lack of business and economics knowledge possessed by this federal agency and Administration.  Of course, our readers know that the Taxpayers paid for the agency to spread its propaganda throughout the country via a sophisticated mass delivery program known as, "GovDelivery". [...]

By |2016-12-22T22:31:19-09:00December 28th, 2012|Commentary, Government Waste|0 Comments
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12-24-12 All I Want For Christmas

All I Want For Christmas A Christmas Eve Editorial Written 13 Years Ago Today! by Dave Harbour 12-24-2001 (Christmas Eve):  Gas pipeline news this week is light as all gas pipeline stakeholder thoughts turn to home.  Before news afresh begins breaking after the holidays, perhaps it would be well to spend a quality moment or two reflecting on where we've been this year and where we wish to be in 2002.  After all, our millions of individual decisions in the coming year will produce some grand, cosmic formula revealing the future of [...]

By |2016-12-22T22:31:20-09:00December 24th, 2012|Commentary|0 Comments
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2-18-12 Sell Alaska?

  Calgary Herald by Dan Healing. Athabasca Oil Corp. said Monday it plans to invest $798 million overall in capital spending in 2013, with most of that going to its thermal oilsands projects.  “With the Duvernay results coming in, with the industry interest in the Duvernay increasing a lot lately, it’s a place with our 350,000 net acres (140,000 hectares), we will have to take partners in the future, just too much cost,” said chief executive Sveinung Svarte...."   We are delighted to note that the Anchorage Chamber of Commerce [...]

By |2016-12-22T22:31:20-09:00December 18th, 2012|Commentary, Federal Obstruction|0 Comments
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12-10-12

Read the Examiner's thoughtful essay on how the 'Fiscal Cliff' could affect Alaska. Alaska Revenue Forecast Commentary By Dave Harbour Today, we link to the Alaska Department of Revenue's 2012 Revenue Forecast.   We begin by praising the cover photos provided by Rick Boots and John Tichotsky.   Comment: Today at the Anchorage Chamber of Commerce, Meera Kohler, CEO of Alaska Village Electric Cooperative (NGP Photo), and Rob Jacobsen, vice president of science and technology with Marsh Creek, will discuss, "generating power with North Slope natural gas and delivering it via [...]

By |2016-12-22T22:31:21-09:00December 10th, 2012|Commentary, Federal Obstruction|0 Comments
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12-3-12

CBC/AP.  It's a decision U.S. President Barack Obama put off during this year's election campaign, but now that he's won a second term, his next move on the proposed oil pipeline between Alberta and Texas may signal how he will deal with climate and energy issues in the four years ahead.  (Comment: Note the stacked, unused TransCanada pipe on the right, as Obama appeared in Cushing, Ok., during the campaign.  In the early 1970s Trans Alaska Pipeline System (TAPS) pipe rested for several years, stacked and waiting for Congressional authorization.  That [...]

By |2016-12-22T22:31:22-09:00December 3rd, 2012|Commentary, Federal Obstruction|0 Comments
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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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11-19-12 – 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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