6-9-16 Special Alaska Legislative Report – Saskatchewan Premier Defends Energy Industry

NOTICE TO CANADIAN READERS (This applies to Americans as well): This may be one of the most important calls to action you will have heard this year.  The clock is ticking and the North American way of life is running out of time.  -dh Calgary Herald, by James Wood.  Saskatchewan Premier Brad Wall came to the heart of the oilpatch Wednesday to warn that the energy industry is under “existential threat” from environmental activists.  ...  In a speech to the Explorers and Producers Association of Canada at the Petroleum [...]

By |2016-12-22T22:27:12-09:00June 9th, 2016|Uncategorized|0 Comments

6-5-16 Brennan: Good days ahead

Tom Brennan with his novel, Snowflake Rebellion. NGP photo by Dave Harbour Our friend of the Anchorage Daily Planet, Tom Brennan, balances concerns for Alaska's fiscal challenges with this ray of sunshine: "Good Days Ahead". Summer gas prices forecast to remain stable CBC.ca From gas shortages in Western Canada to a dramatic spike in costs of ... thing that could upset the apple cart is refinery outage or a pipeline outage, ...

By |2016-12-22T22:27:13-09:00June 5th, 2016|Uncategorized|0 Comments

6-1-16 TransCanada Endures – Politicians Avoid Adequate Budget Cuts

Calgary Herald, by Mike Ridewood, Canadian Press.  So much for all the hand-wringing over the fate of TransCanada Corp.’s mega-projects. Investors are looking beyond Keystone XL and Energy East. The company’s stock has been rallying since it announced the $10.2 billion acquisition of Columbia Pipeline Group Inc. in March, breaking out above rival Enbridge Inc. and beating an index of Canadian energy peers. The deal is letting investors shake off President Barack Obama’s rejection of Keystone XL, TransCanada’s most well-known project, as well as all the hurdles facing the even bigger [...]

By |2016-12-22T22:27:14-09:00June 1st, 2016|Uncategorized|0 Comments

5-30-16 Investors Wary Of Alaska

Yesterday we posted this article: The latest showdown in the Legislature's interminable oil tax fight has loomed large in the extended session, with Senate Republicans and a bipartisan group of House members at odds over limiting Big Oil tax credits.  (Click for link) Today, one of our out-of-state readers reports: "I am still owed money ...that was linked to the State paying its ACES rebates.  ... not come through nearly 1.5 years after money was spent on exploration ... and the behaviour of the relevant Department in processing what should be a simple [...]

By |2016-12-22T22:27:14-09:00May 30th, 2016|Uncategorized|0 Comments

5-29-16 Alaska Fiscal Crisis Continues – Oil Is Center Stage, As Usual

ADN, by Nathaniel Herz.   The latest showdown in the Legislature's interminable oil tax fight has loomed large in the extended session, with Senate Republicans and a bipartisan group of House members at odds over limiting Big Oil tax credits. The House coalition says rising oil prices won't fully restore the ravaged Alaska treasury as long as those credits are in place. Senate Republicans, backed by the state's four major oil producers, say credits are necessary to promote Alaska's economy. If oil prices follow the forecast of the administration of Gov. [...]

By |2016-05-30T03:05:52-09:00May 30th, 2016|Uncategorized|0 Comments

5-28-16 Canada’s Pipeline Angst Continues – Alaska’s Legislative Angst Continues

For readers who may have missed our commentary yesterday on Donald Trump's energy policy statements Thursday in the great state of North Dakota Canadian Pipeline Angst Yedlin: PwC energy forum renews need for urgency on energy exports.  Calgary Herald.  ... XL pipeline project, spoke at an industry event hosted by PwC in Calgary. ... the United States in entering the liquefied natural gas export market. Braid: A Trump welcome for a Notley ally.  Calgary Herald.  More from Don Braid, Calgary Herald ... For starters, she says natural [...]

By |2016-12-22T22:27:14-09:00May 28th, 2016|Uncategorized|0 Comments

5-25-16 Just What Canada Needs: Carbon Taxes In A Low Oil Price/Government Deficit Environment

The Ranks of Crony Capitalists Grows As Companies Trade Political Support -- And Their Integrity -- For Unattainable "Peace For Our Time With Enviro-activists And Liberal Politicians" Commentary by Dave Harbour Neville Chamberlain, "Peace for our time." Here we bring you more news of eroding prosperity and freedom in Canada: increasing 'carbon' taxes that further the decline of business voters in Canada. But while liberal politicians may be foolish enough to bargain away their children's prosperity, they are also crafty.   Higher energy taxes may provide a quick economic fix [...]

By |2016-12-22T22:27:14-09:00May 25th, 2016|Uncategorized|0 Comments

5-24-16 Still No Oil Price Crystal Balls … But We Can Still Study Trends

Below, our Mid Atlantic energy analyst friend makes two points that seem contradictory.  First, he demonstrates through history what we have always known about recovery of shale oil and gas: that the productive lives of shale plays tend to be much shorter those of conventional oil and gas reservoirs.  Second, he emphasizes the incredible productivity impact rapidly developing technology has on shale projects. The first point suggests that the shale era could come and go quickly; the second point promises that technology will sustain shale longer than previously thought. Alaska and [...]

By |2016-12-22T22:27:15-09:00May 24th, 2016|Uncategorized|0 Comments

5-18-16 Alaska Is Lucky To Have This Leadership!

(See today’s CBC story.  As we have reported extensively herein, Canada has a similar set of energy challenges: dependence on fossil fuel and the enviro-governmental-business special interests that want to subjugate an ill-informed constituency to higher utility prices by use of sophist, climate change narratives.  -dh) Alaska State Senate Resources Committee Chairman, Cathy Giessel. NGP file photo. Senate Resources Committee Chairman, Cathy Giessel, offers Alaska the sort of wisdom Alaska needs to work itself out of its current fiscal chaos in today's Op-Ed piece (Left column, below).  In [...]

By |2016-12-22T22:27:16-09:00May 18th, 2016|Uncategorized|0 Comments

5-17-16 Could This Be The Reason Canadian Companies Decide To Leave….

    See our Sunday commentary: https://northerngaspipelines.com/5-15-16-go-south-young-man-go-south/ Braid: Friendly old Ontario talks about banning natural gas, Calgary Herald.     More from Don Braid, Calgary Herald ... Alberta's gas shipments to Ontario have been going down sharply in recent years, partly because ... “We're not banning natural gas or taking it away from people,” said ... Among the mass of measures in the document is a move to eliminate gasoline-burning cars...   http://calgaryherald.com/news/politics/braid-friendly-old-ontario-talks-about-banning-natural-gas

By |2016-12-22T22:27:16-09:00May 17th, 2016|Uncategorized|0 Comments

5-15-16 PLEASE DON’T “Go South, Young Man, Go South”

Calgary Herald, by Kyle Bakx.  TransCanada finds warmer welcome in Mexico for pipeline business.The tropical heat of Mexico is a welcome break for Canadian snowbirds looking to escape a freezing winter.  For Russ Girling, the country is also providing a getaway from all the punches and kicks he's taken trying to build pipelines in Canada and the United States. At home, the CEO of TransCanada spends billions of dollars, waits several years, and still doesn't know when the company can install new pipes in the ground. Meanwhile, the environmental opposition is such that even Girling's own mother has called him in [...]

By |2016-12-22T22:27:16-09:00May 15th, 2016|Uncategorized|0 Comments

5-14-16

Calgary Herald Yedlin: Enbridge annual meeting a muted affair Calgary Herald More from Deborah Yedlin, Calgary Herald ... Unlike two years ago, the last time Enbridge held its AGM in Calgary, there were no ... from higher throughput on itspipelines and growth on the natural gas distribution side, ... At first glance, the notion of a pipeline company investing in renewable power ...

By |2016-12-22T22:27:16-09:00May 14th, 2016|Uncategorized|0 Comments

5-13-16 EPA Bureaucracy Expands As Private Sector Faces Higher Costs

Our Mid Atlantic energy analyst friend today opines on the new EPA power grab (Re: drilling/air quality requirements): The EPA issued its “final rules” (more on that phrase in a minute) for methane emissions from new and reworked shale wells, which are described in more detail below. The rules will be phased in, but they are not subject to further comment. A couple of comments: There was a report this morning from Bloomberg that the regulations were much worse than expected, and that they came down much harder on existing [...]

By |2016-12-22T22:27:16-09:00May 13th, 2016|Uncategorized|0 Comments

5-10-16 Trouble In Saudi Landia

The Saudis Are Desperate  --  Full Story Here, "Saudi Arabia's Desperation Hits a Peak" By Keith Kohl | Tuesday, May 10, 2016 “Off with his head!” Okay, so maybe the order to fire Ali al-Naimi, Saudi Arabia's oil minister, didn't sound that drastic when it was issued. However, that doesn't diminish how earth shattering this decision is for the global oil market. Think about it... Ali al-Naimi has been (arguably) one of the most important figures in the oil market for roughly 21 years, when he became the minister of [...]

By |2016-12-22T22:27:25-09:00May 10th, 2016|Uncategorized|0 Comments

5-9-16 Congress Should Kill Funding For President’s Unlawful Ocean Policy Initiative

The Congress should kill direct AND indirect funding of the White House's illegal ocean policy initiative that 1) avoided Congressional authority; 2) sidestepped proper Congressional fund authorization and 3) is causing the private sector untold millions in new and potential compliance costs while 4) potentially keeping even more American Great Lakes, Oceans, Rivers, Tributaries, Ponds areas off limits to traditional and multiple use activity.  -dh We hope the private sector -- supported by local government elected leaders and Members of Congress -- will testify IN DROVES NEXT TUESDAY at the [...]

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