Calgary Herald by Rebecca Penty. An article in the Wall Street Journal championing TransCanada Corp.’s proposed Keystone XL pipeline as an economic driver for a country hurting for jobs is evidence of support south of the border, president and CEO Russ Girling said Thursday. The TransCanada executive said the opinion piece suggested the last phase of a $13-billion pipeline project would offer economic stimulus to a country facing a high unemployment rate of 9.1 per cent is a vote of confidence.
Investment Climate. In yesterday’s speech to the South Anchorage Rotary Club, we described Alaska’s sour investment climate and the reasons for it, the solutions for it. In today’s ADN, State Chamber President Rachael Petro’s rationale is similar. Truly, all who have ‘eyes to see and ears to hear’ will see and hear of the same fate about to befall a great state. The good news is that there is hope and Petro’s message is that we can all work together for reform. But ‘all’ means that the formerly unaligned special interests work cohesively, from Alaska Native regional, village and non-profit organizations to all of organized labor to the huge array of non-profit organizations that receive sustaining support from the oil industry, to government agency employees who absolutely survive based on oil revenue — as Margy Johnson pointed out the other day. We are also amazed that so few elected officials — who campaign on being soldiers for Alaska — are so conspicuously absent when time comes to vote on oil tax reform or testify on federal regulatory issues. To their credit, hundreds of businesses represented by the state and local chambers of commerce, the Alaska Support Industry Alliance, Resource Development Council for Alaska and the Consumer Energy Alliance already see the handwriting on the wall and are lobbying state and federal entities for reform. To their credit, Governor Sean Parnell’s Administration experts, Anchorage Mayor Dan Sullivan, Anchorage Assemblyman Chris Birch, State Senators Cathy Giessel and Lesil McGuire and Representatives Craig Johnson, Bill Stoltze, Bob Lynn, Lance Pruitt, Charisse Millett, Mike Chenault have been observed at recent federal hearings whose outcome could sustain or crater Alaska’s economic future. -dh
Yesterday’s Statehood Act Anniversary.
Reader Joe Henri (NGP Photo) added useful, nostalgic, first hand perspective to our message.
Alaska Oil and Gas Association’s Long Time Executive Director, Marilyn Crockett (NGP Photo), bids adieu. We have known Marilyn for most of her forty year tenure, respect her for a job well done and welcome her to the ranks of retired, pro-economy volunteers. Below is the AOGA news release we received late yesterday.
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