11-5-15: A Review of the November 2015 Special Session of the Alaska State Legislature

One Observer's View of the November 2015 Special Session of the Alaska State Legislature (Revised following receipt of reader comment)   Offered on this, the last day of the Special Session, November 5, 2015   Special Session Audio & Video Archives   by   Dave Harbour     As the special session called by Governor Bill Walker ended this week, we did not oppose the Legislature's decision to approve certain appropriations.  The appropriations allowed the governor to reimburse TransCanada (TC) for its expenses to date, plus interest, to "buy out" its participation in the [...]

By |2017-01-03T11:50:29-09:00November 5th, 2015|Alaska's Fiscal Crisis, Alaskanomics, Commentary, Competition, Government Waste, Interior Energy Project (IEP), Interstate Gas, Intrastate Gas, LNG, You Read It Here First|0 Comments
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10-8-15 Is Alaska LNG Project Risk Understated? Should Government Take The Risk?

Between an overreaching governor who seems intent on commanding if not socializing Alaska's energy industry, and a President who seems intent on crippling if not shutting down Alaska's energy industry freedom is threatened on America's Last Frontier.  Today we explore why this is so.  -dh To our hundreds of Canadian readers: We apologize for the lack of news directly affecting you today; but we must focus on an Alaska Governor who exhibits a certain hubris impacting both the energy industry and Alaska's future.  You may find object lessons which also apply on [...]

By |2018-08-19T14:30:01-09:00October 9th, 2015|AGDC, Alaska Taxes, Alaska's Fiscal Crisis, Commentary, Interstate Gas, Intrastate Gas, LNG|0 Comments
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10-5-15 Shell’s Plan And An Exchange of Emails With Our Aussie Friend

Shell’s Alaskan oil plan makes long-term sense amid questions over shale’s longevity The National, by Steven Kopits.  Shell announced this week that it was abandoning efforts to develop oil from the Alaska’s outer continental shelf (OCS). Faithful readers may wish to review related personal correspondence from last night with our esteemed Aussie oil and gas analyst, here. Our equally esteemed Mid-Atlantic oil and gas analyst friend adds this note today that should be an even stronger signal to Alaska's Governor Bill Walker. And, what is that signal?  The note signals [...]

By |2016-12-22T22:28:00-09:00October 5th, 2015|Alaska Taxes, Interstate Gas, LNG|0 Comments
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10-4-15

Petroleum News.  Fugro has been awarded a large geotechnical and geophysical program by ExxonMobil Alaska LNG LLC, AKLNG - a consortium of ExxonMobil, ConocoPhillips, BP, TransCanada and the state of Alaska. The 2015 G&G program follows successful completion of a similar but smaller program carried out by Fugro in 2014.  More....

By |2016-03-13T03:45:01-09:00October 4th, 2015|Interstate Gas, LNG|0 Comments
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10-3-15 News Miner Timeline of Gas Projects

Should Alaska Own More Of Its Oil Industry? A timeline of Alaska gas efforts Archive Update Faithful readers know we are dedicated to building and maintaining the most thorough archive existing anywhere, documenting the history of Alaska and Northern Canadian natural gas monetization efforts. Herb Butler's contribution today helps bring us to the current era. However, we provide here for your reference, links to the long and more detailed history of Alaska and Canadian northern gas pipeline and LNG projects.   -dh We are indebted to Herb Butler and the Fairbanks [...]

By |2016-12-22T22:28:00-09:00October 3rd, 2015|Commentary, Interior Energy Project (IEP), Interstate Gas, Intrastate Gas|0 Comments
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9-28-15 Supplement: Clarification of AGDC Mission

FOR IMMEDIATE RELEASE Contact: Miles Baker, VP External Affairs & Government Relations (907) 321-8650 AGDC Clarifies Status of ASAP Project Federal Environmental Work on In-State Gasline Project Ongoing September 28, 2015 Anchorage, AK – The Alaska Gasline Development Corporation (AGDC) released a statement today clarifying the status of the Alaska Stand Alone Pipeline (ASAP) project. In the last few days, several media outlets have incorrectly reported that the corporation’s board of directors took action to suspend work on the ASAP project during their September 23rd meeting in Anchorage. In a prepared statement, [...]

By |2016-12-22T22:28:00-09:00September 29th, 2015|AGDC, Interior Energy Project (IEP), Interstate Gas, Intrastate Gas, LNG|0 Comments
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9-28-15 Shell Abandons Alaska Arctic Exploration

See Our Aussie Energy Expert's Current View On Alaska's Energy 'Leadership' See Senator Lisa Murkowski's Reaction To Shell's Announcement ADN/AP Shell Announcement by Dan Joling/Yereth Rosen Our Commentary On Shell's Alaskan Arctic OCS Exit With Alaska's "Plan B" failing what's wrong with relying again on "Plan A"? by Dave Harbour Alaskans will be seriously questioning the future of their state when they wake up and read the news this morning. This is because Alaska is more than any other North American state or province dependent on oil production and production is down, down, down.   Alaska [...]

By |2016-12-22T22:28:00-09:00September 28th, 2015|Alaska Taxes, Arctic Policy, Federal Obstruction, Interstate Gas, OCS, You Read It Here First|0 Comments
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9-24-15 Big TransCanada Layoffs Announced – Alaska Gas Project Agrees to Property Taxes

You'll love this Blog by our Aussie friend; try it here. Suncor (TSX:SU), Canada's largest energy company, boosted its stake in the Fort Hills oil sands project​ ADN by Pat Forgey.  The big oil companies that plan to produce and ship North Slope natural gas have agreed to pay $16.5 billion in property taxes on the huge project, but they'll pay them to the state instead of local governments, Revenue Commissioner Randy Hoffbeck said Wednesday. Financial Post: TransCanada layoffs.   “This past Monday, employees were informed of organizational changes being implemented over [...]

By |2016-12-22T22:28:01-09:00September 24th, 2015|Alaska Taxes, Interstate Gas, Intrastate Gas, LNG|0 Comments
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9-22-15 BP’s US and Alaska Economic Reports

See BP's 2015 $135 billion US Economic Impact and Its Alaska Economic Report (Supporting over 24k jobs) Our Commentary Calgary Herald.       Cagary Herald End of year deadline for review of Alberta Energy Regulator, says minister ADN by Pat Forgy.   The North Slope Borough has become fabulously wealthy from taxes on the oil industry and its massive Prudhoe Bay infrastructure.   More.... Reader Commentary by Our Mid-Atlantic Energy Senior Consultant Friend (Reference this Fuel Fix Story by Collin Eaton) Our Commentary While Alaska producers are poised to finance and build a gas pipeline/LNG export [...]

By |2016-12-22T22:28:01-09:00September 22nd, 2015|Alaska Taxes, Commentary, Interstate Gas, Intrastate Gas, LNG, Reader Comment, You Read It Here First|0 Comments
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9-21-15

Governor Bill Walker (NGP Photo) wrapped up his final day of meetings to discuss Alaska’s liquefied natural gas potential to prospective customers in Japan.  More from Office of the Governor. ADN Op-Ed by Paul Jenkins.  ... While Gov. Bill Walker was off doing whatever he was doing last week in Japan -- ostensibly trying to peddle Alaska liquefied natural gas he does not own -- he left a fuse smoldering here.  ...  Walker has a penchant for tossing monkey wrenches. He wanted to expand the $10 billion Alaska Stand Alone Pipeline [...]

By |2016-12-22T22:28:01-09:00September 21st, 2015|Interstate Gas, Intrastate Gas, LNG|0 Comments
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9-14-15 LNG Prospects Fading

See Sunday's TAPS Pioneer Op-Ed by Dave Haugen (NGP Photo-L) *     *    * Anchodrage Daily Planet, "Dealing with a $3.5 billion deficit", by Tom Brennan (NGP Photo) ALASKAN PIPE & LNG POLITICS / ECONOMICS.  ADN.  In a tense marathon meeting that one lawmaker likened to an “inquisition,” Republican legislators blasted the state’s gas line team after learning that a lack of agreement between the state and its partners in the massive Alaska LNG project may preclude a special session this fall, possibly leading to costly delays.    CANADIAN PIPE & LNG [...]

By |2016-12-22T22:28:01-09:00September 14th, 2015|Alaska Taxes, Alaskanomics, Interior Energy Project (IEP), Interstate Gas, Intrastate Gas, LNG|0 Comments
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8-20-15

Please note our June 25 commentary on competitiveness.   Then, bookmark our April 17 commentary.  -dh Comment: Critical reading of today's events below demonstrates some good news in the form of COP's new drilling at its CD5 property on the Alaska North Slope (ANS).  Then, we note from our Australian and Ohio analysts the increased difficulty faced by an ANS gas transportation project in a low energy price, high production environment.   ALASKA DECISION MAKERS: Does this not mean Alaska must become even more competitive to market its natural resources, not [...]

By |2016-12-22T22:28:03-09:00August 20th, 2015|Alaska Taxes, Commentary, Interstate Gas, Intrastate Gas, LNG, You Read It Here First|0 Comments
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8-15-15

    Calgary Herald Duboyce: TransCanada is committed to safety and the environment Calgary Herald The Energy East pipeline's original route is pictured as TransCanada officials speak during a 2013 news conference inCalgary. Jeff McIntosh / THE ...  

By |2016-12-22T22:28:03-09:00August 16th, 2015|Interstate Gas|0 Comments
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8-13-15 Doyon To Drill Tanana Basin

Fairbanks News Miner.  Doyon, Limited announced plans to drill a third well in the Nenana basin in summer 2016. The wells are a continuation of oil and gas exploration that began in 2005, Doyon President and CEO Aaron Schutt (NGP Photo) said. The new well will be called Toghotthele No. 1. It follows Doyon's successful 3D seismic program in 2014, which identified several potential drill sites in the 32,000-acre area about 50 miles west of Fairbanks.  "We are very excited to begin the next phase of our exploration program," Schutt said  (More....) [...]

By |2016-12-22T22:28:03-09:00August 14th, 2015|Interstate Gas, Intrastate Gas|0 Comments
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