8-8-16
NEB hearings on Energy East pipeline set to begin in New Brunswick. Calgary Herald. The National Energy Board is set to begin public hearings Monday into the Energy East Pipeline in New Brunswick, a province where the prospect of ...
8-6-16 Shell Responsibly Finishes Its Alaskan Arctic Job
Shell returns to Unalaska By Zoë Sobel, Alaska's Energy Desk - Unalaska - August 5, 2016 Shell is back in Unalaska. Dutch Harbor was a staging area for Shell’s unsuccessful search for oil in the Arctic Ocean last year. This week, three ships — the Aiviq, the Dino Chouest, and the Ross Chouest — associated with Shell’s Arctic efforts arrived in Unalaska on a mission to remove the last signs of that effort. Full story here.
7-31-16 Canadians Absorb Assaults On Economy
Canadians Continue to Absorb Assaults On Economy. -dh CBC. Postcards usually tell stories or show a vacation spot, but at a farmers market on Saturday they warned against a pipeline planned near Winnipeg's water supply. About eight volunteers with the Manitoba Energy Justice Coalition handed out postcards against pipelines at the St. Norbert Farmer's Market with a message to the mayor. "I urge you to protect Winnipeg's drinking water and the Shoal Lake Watershed by rejecting TransCanada's Energy East pipeline," the postcard read.
7-30-16 Alaska Taxes, Natural Resources, Fiscal Crisis and “Strong, Unfettered Individuals”
The People's Paper OP-Ed by Representative Shelly Hughes (Read full commentary here) Oil prices low? Fiscal challenge? Some see the glass half empty; I see it half full. Now is the time for Alaska’s transition to productivity. Now is the time to realize our potential. We can do this, Alaska! Let’s first consider where we are and how we got here. A few decades ago, that engineering marvel, the Trans-Alaska Pipeline, began pumping us to where we are today. We can all be thankful for that. The companies that toiled [...]
7-27-16 Alaska’s Creditworthiness Declines Again
Alaska's Governor Bill Walker takes no responsibility for a declining credit rating as he continues to joust at the windmills of socialist acquisition of Alaska's resource wealth deterring industry investment in a low oil price environment. Brilliant. -dh Governor Walker’s Statement on Moody’s Downgrade of Alaska’s Rating “Today’s news from Moody’s Investors Services is concerning but, unfortunately, not surprising. Moody’s says, ‘The downgrade recognizes the state’s political inability – at least for now – to address its severe fiscal challenge.’ The agency’s analysts cite our strengths—our available cash reserves and [...]
7-25-16 Alaska’s Governor Better Not Use State Savings To Double Down On His Pipe Dream!
Block, Molly <Molly.Block@mail.house.gov> 2:16 PM (1 hour ago) to Elise Fourth Estate – With just the click of a mouse, we can soon watch offshore lease sales from the comfort of our own homes. Instead of shelling out cash for a last-minute flight and schlepping out to the Mercedes-Benz Superdome, the livestream format expands access to anyone with access to a computer. Anyone, anywhere can watch. Last week the Bureau of Ocean Energy Management (BOEM) announced it will hold its first ever live-broadcast for an offshore oil and gas lease [...]
7-24-16 Jenkins Almost Always Has It Right — And Nails It Again Today!
Walker wants it his way on gas line, but there's much doubt, no deal by Paul Jenkins Gas-line obsession has our governor in urgent need of a reality check. [/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]
7-23-16 PLF Fights For Freedom
One of our public service sponsors continues to be especially active in defending the frontier of freedom against federal overreach. Many of Pacific Legal Foundation's precedents apply to the energy industries indirectly while only appearing to directly affect the freedom and rights of a single landowner. Accordingly, we urge our readers to support PLF along with its faithful -- and highly successful -- efforts to preserve constitutional protections for both corporate and individual citizens. -dh Homeowners' lawsuit: County's beach-sign ban flouts First Amendment The owners of a beachfront home sued Walton County [...]
7-22-16 Japan’s LNG Buyers Should Be Cautioning Alaska and Canada About Pending, Expensive, Risky LNG Projects
Our Commentary: Today our Aussie O&G energy analyst friend focuses his astute observation on how LNG prices are being reviewed -- to the benefit in a buyers market -- of buyers. This observation would tend to support Alaska producers' and Shell's (BC) more cautious approach to North American LNG projects targeting major Asian markets. Of course, Alaska's socialist leaning governor is not deterred, continuing to move toward more state control of Alaska's energy industry, and the multi-billion dollar risks to his citizens which accompanies such Venezuela-like behavior. -dh Aussie Oil & [...]
7-21-16 Kenai Peninsula Borough makes FERC Resource Reports Available to Public
Oil Bulls Are In Trouble Kenai Peninsula Borough makes FERC Resource Reports Available to Public Alaska LNG Resource Reports Available Online Posted: 20 Jul 2016 09:45 AM PDT By Larry Persily July 20, 2016 Alaska LNG’s resource reports to the Federal Energy Regulatory Commission are available on the Kenai Peninsula Borough website. Click here and select the report. As of July 20, Report No. 1 General Project Description and No. 10 Project Alternatives are available on the website; others will be added as they become available in the [...]
7-20-16 Canadian Libs Want It Both Ways
Canadian Libs Want It Both Ways: Grudgingly Support Downstream Pipelines by Enthusiastically Increasing Carbon Costs Upstream and Pipeline "Conditions". This way, climate change pols can get tax money flowing from pipelines while piously defending them by paying homage to the climate change emission gods -- and collecting even more penalty taxes to boot. What's the problem; government's got to make a living, too. And you wouldn't want to cut the helpful bureaucracy, right? -dh Notley says slow Canadian economic growth part of NDP's case for pipelines [...]
7-18-16
U.S. Senator Dan Sullivan, NGP stock photo by Dave Harbour Must Read Alaska by Suzanne Downing. Alaska Senator Dan Sullivan will be one of the speakers at the Republican National Convention, his office has told Must Read Alaska. The exact time will be announced soon, but it will be in “prime time” for television viewers. ... U.S. Senate is his first held elected office. Prior to his election, Sullivan served as Alaska’s Attorney General and Commissioner of the Alaska Department of Natural Resources. For Our Support [...]
7-17-16 Things Looking Up?
Calgary Herald by Deborah Yedlin. There is no mistaking the sense of weariness pervading this year’s Stampede Week. Even the weather isn’t co-operating. But things are different compared to a year ago — when there were no deals being done, neither in the equity markets nor on the merger and acquisition front. In addition to the $15 billion that has been raised in the oilpatch since the beginning of the year — with most if not all deals being oversubscribed — there have been some interesting transactions that have taken place: [...]
7-16-16 AGDC’s Biggest Challenge
AGDC’s Meyer: AK LNG hinges on better relations with Legislature (Our NGP comment: "Earth to Meyer. Your greatest AGDC challenge is trying to run a government funded, governor supervised, legislative oversighted, highly regulated, taxed, politicized, and socialized project as if it were a freely developed enterprise -- which it is not. Just wait until the enviros & socialists & feds decide to attack the project: they'll have a field day with the bear skin nailed to the door of the Houston office." -dh) By: Elwood Brehmer Alaska Journal of Commerce [...]
7-15-16 A Little Sign Of Alaska Gasline Ethics Traps….
(Note: readers may submit comments on this story below.) ALERT - ALERT - ALERT NOTICE THIS AFTERNOON. BOEM releases draft Environmental Impact Statement for Potential Cook Inlet Lease Sale: Agency Seeks Public Comments through Sept. 6 Potential Gasline Ethics Warning In late 2015 we warned Legislators to get rid of any gas line public funding for many reasons, including a litany of conflicts of interest likely to emerge. (Read below, column right) Commentary: Alaska's Quixotic gasline governor is intent on risking hundreds of millions of public, EQUITY dollars on a gas pipeline/LNG project -- even without [...]