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 [...]

8-30-18 Rampant Cronyism Both Here and Abroad

Cordova Times: Sweeney sworn in for top BIA post Tara Mac Lean Sweeney, an Inupiat businesswoman who most recently served as executive vice president of external affairs with Arctic Slope Regional Corp., has been sworn in as the first Alaska Native woman to serve as Assistant Secretary for Bureau of Indian Affairs. ... Sweeney, a lifetime member of the National Congress of American Indians, was crowned Miss NCAI in 1993. ... Sweeney’s husband Kevin Sweeney, a former aide to Sen. Lisa Murkowski, R-Alaska, is the owner of Six-7 Strategies. Alaska Public [...]

By |2018-08-31T07:23:46-09:00August 30th, 2018|Crony Capitalism|0 Comments

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 [...]

7-20-18 Alaska’s Socialist LNG Export Project

What about competitive position of the Alaska LNG idea? The greatest, current competitive failing of the Alaska government LNG project -- aside from its crippling socialist model -- is that its competitors do not have to include the cost of an 800 mile arctic pipeline into the financing plans of their near-tidewater LNG projects.  In addition, most of the competition has better labor costs, better logistics, better climatic conditions, and better investor owned management incentives, discretion and market-place reaction times.   -dh Today's Alaska LNG News and Our Comment: [...]

3-2-18

US Pipeline Economics Study 2017.  Sourced by the Oil & Gas Journal's Pipeline Economics Report and FERC fillings, this data set captures information on pipeline and compression station constructions costs back to 2000. Additionally the report includes fiscal data for US oil and natural gas pipelines and data on estimated pipeline costs as presented in applications to FERC since 1980 for hundreds of onshore and offshore pipeline projects. Oh, Canada! Varcoe: Alberta job outlook brightens, but pipeline bottlenecks could cost province $9B.  Calgary Herald Albertans will see more jobs created [...]

2-15-18 BC-Alberta Pipeline Tensions Rise – Let’s Not Forget Alaska Either!

Danger Stranger by Dave Harbour Why are government officials in Alaska, Alberta and British Columbia so engaged in efforts to control utility/pipeline projects?  A.  Because that's where the money is (Ref: W.H.).  Ratepayers, Taxpayers, Citizens beware the elected elite and bureaucracy! DANGER-STRANGER We urge critical thinking Alaskans to be especially alert to utility/pipeline games.  With declining economy, unions and government workers, some utilities and compliant politicians (i.e. and croney capitalist businesses dependent on the foregoing) will naturally want to keep their constituencies WHOLE at the expense of [...]

1-9-18 PANMUNJOM SUMMIT ON KOREAN DMZ IS IN TODAY’S SPOTLIGHT! – Calling For Gas Pipeline Contractors/Operators, Ukraine! Be A Pioneer!

To our pipeline contractor/TSO friends: Kiev, Ukraine Your author serves on the board of the Export Council for Alaska.  Today we learn that the Ukrainian Government is looking for potential Gas Transportation System Operator partners. The Cabinet of Ministers of Ukraine invites potential Gas Transportation System Operators (TSO) to the preliminary consultations and discussion on possible conditions for the upcoming tender to attract potential TSO partner(s) to operate in newly created PJSC Main Gas Pipelines of Ukraine.  Here is the formal announcement.  Contact the following Commercial Specialist for additional assistance: Myroslava Myrtsalo, Commercial [...]

12-20-17 A Union Hope For An Alaska Gas Export Project

Stay the course: Alaska LNG project on horizon By Scott Eickholt Citizen Op-Ed, Originally Published: Fairbanks News Miner Scott Eickholt, Linkedin Profile The stars are aligned — from the White House, to Alaska’s congressional delegation, to Gov. Bill Walker and the skilled workers of Alaska — all parties are committed to building a project to bring Alaska’s natural gas to market. I see this project not as a burden or drain on the Alaska economy but a way out of the hole. We need new revenue and we [...]

12-5-17 Climate Change and Crony Capitalism

TODAY:  ALL WE NEED TO KNOW ABOUT CLIMATE CHANGE IS HERE FOR OUR ENERGY-ORIENTED READERS! Christiana Figueres, former executive secretary of U.N.’s Framework Convention on Climate Change We acknowledge a change in the climate.  Once it was summer and warmer.  Now it is winter, in the Northern Hemisphere, and colder.  Either way, the United Nations climate change leadership has boldly acknowledged that climate change strategy is not about the environment; it is about killing capitalism. There you go. -dh P.S. PLEASE...YOU MUST NOT MISS THE TWO VIDEOS [...]

11/10/17 We’re From the Government and We’re Here To Help!

Consumer Interests Are Best Protected by Free Enterprises and Not Government Enterprises by Dave Harbour Alaska's governor has taken FULL CONTROL OVER what amounts to a 'nationalized' North Slope natural gas project and has attempted to make it glitter with a supportive array of "memoranda of understanding" from Asian (i.e. most recently Chinese) countries.  Without political, uneconomic dealmaking, the project is infeasible at this time--even if it were more efficiently managed by the private sector.  This is because, with an 800 mile pipeline to fold into the LNG project's [...]

10-23-17 “Beware the Greeks (i.e. or Russians or Chinese) bearing gifts (i.e. Trojan Horses)!”

Is any citizen uncomfortable with these headlines?  Good.  There is reason for concern! Governor Pitches Alaska Natural Gas to Chinese Sovereign Wealth Fund - Chinese President Makes Pit Stop in Alaska on Return to China - Alaska expects stronger engagement with China on gas ... - YouTube - Alaska Natural Gas International Deliveries to China (Million Cubic Feet) “Beware the Greeks (i.e. or Russians or Chinese) bearing gifts (i.e. Trojan Horses)!" Observations by Dave Harbour Alaska-Ecuador Flag Pin Rafael Correa, courtesy, Wikipedia Now look what happened to Ecuador under socialist [...]

10-19-17 One Great Alaska Gas Boondoggle – WHY WE ARE SO PROUD OF EPA TODAY!

TODAY WE ARE VERY PROUD OF THE EPA AND HERE'S WHY! And Today ... ...we draw reader attention to the enormous waste of money called the Alaska LNG Project. Tomorrow ... Alaska Governor Bill Walker. Northern Gas Pipelines photo by Dave Harbour ...we will draw attention to the enormous waste and foolish decision making accompanying the subsidized, so-called Interior Energy Project: a misguided and uneconomic effort to provide 'affordable' gas to the Fairbanks area.  What do the two projects have in common: Alaska Governor Bill Walker, their biggest advocate! [...]

10-13-17 Unhappy Case Histories: Canadians and Americans Can Learn From Each Other

Representative Rob Bishop, courtesy Civil Services. Yesterday, President Donald Trump announced the nomination of Kathleen Hartnett White to chair the Council on Environmental Quality (CEQ). Chairman Rob Bishop released the following statement: “Kathleen Hartnett White is a great choice to help the administration realign priorities at CEQ. Over the past eight years, this executive office has attempted to use the National Environmental Policy Act as a tool to stonewall any project with a federal nexus. I look forward to working with her on a long overdue streamlining of [...]

10-12-17 Your Northern Energy Update

Warning: Alaska treads troubled economic waters in the middle of a fiscal storm.  Politicians are making the financial crisis worse by creating state subsidies and ratepayer risks.  The story below again reminds us of the Administration's payoff to Interior Alaska supporters via a subsidized Fairbanks gas utility (i.e. when South Central's Enstar customers paid for their own).   Not to mention the otherwise uneconomic Fire Island wind generation project and an infeasible Alaska LNG\pipeline scheme.   Note how two local politicians in the story below are discussing a strategy for squeezing [...]

10-5-17

Thought of the day: "Alaska's government-sponsored LNG project need not contend (directly) with Panama Canal issues.  But Alaska faces similar project risks.  Do Alaskan citizens want their government's 'go it alone LNG project' to be subject to enormous project risks?  Do Alaskans want, as their government LNG project proposes, to commit 25% cash/royalty gas equity to a risky, $40-60 billion venture?  Is the risk worth the reward?  Do citizens even know how much the reward will be?"  -dh Gulf of Mexico LNG Shippers Have a $45000-a-Day Problem, Oil & Gas [...]