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Northern Gas Pipelines is your public service 1-stop-shop for Alaska and Canadian Arctic energy commentary, news, history, projects and people. It is informal and rich with new information, updated daily. Here is the most timely and complete Arctic gas pipeline and northern energy archive available anywhere—used by media, academia, government and industry officials throughout the world. Northern Gas Pipelines may be the oldest Alaska blog; we invite readers to suggest others existing before 2001.

 

AGDC

10-24-14 White House "Conspires" With Enviro Activists

23 October 2014 9:09pm

White House "Conspires" With Enviro Activists (i.e. as if we didn't know.  And, here's a playful, yet serious, video example.  -dh)

Mike Chenault, Alaska, Speaker of the House, gas pipeline, Dave Harbour PhotoPeninsula Clarion OpEd by Mike Chenault (NGP Photo) .  I’ve been involved in state politics for 14 years, and I have to say, the progress the Legislature and Governor Sean Parnell (NGP Photo) have made together in the last 2 years is a real highlight.   We’re farther than ever getting a big gasline built. I’ve never seen all the necessary parties aligned like they are today. They’re spending money, committing hundreds of millions more, signing agreements, running field programs, and applying for federal permits. Alaska, this is real work, not just a pipe dream. This is reliable, affordable gas to Alaskans — and gas to overseas markets, putting revenue into our state treasury.

ANNOUNCEMENT: The Town of Inuvik is preparing to host the first annual Arctic Energy & Emerging Technologies Conference and tradeshow June 13-16. 2016. This relevant and timely event will replace the Inuvik Petroleum Show which has been welcoming delegates and attendees to the Beaufort Delta for more than a decade.  The first Inuvik Petroleum Show (IPS) was held in the year 2000. The original purpose of the conference and tradeshow was to bring together industry, businesses, and communities that would be involved in the Mackenzie Gas Pipeline. The intent was to build capacity of local people and businesses as well as establish relationships between stakeholders that would be necessary through the duration of this project.  Since the year 2000, the Inuvik Petroleum Show has been a marquee event for the oil and gas industry and has played a significant role in the local economy. It has also been a core operational mandate of the Economic 
Development & Tourism Department at the Town of Inuvik for the last decade. Significant contributions from various 
departments within the Town of Inuvik including staffing, labour, and show management have been attributed to the 
realization of this event.
 
ADN Op-Ed by Joe Balash (NGP Photo).  Bill Walker left a few things out of the story during his stroll down memory lane.  In a recent opinion piece in these pages, he contrasted his own approach to LNG development with Governor (Sean) Parnell’s. Despite conceding his long history of failure in attempting to commercialize North Slope gas, Walker claims he’d do better than Parnell by bringing transparency and collaboration to the table -- this from the man whose Alaska Gasline Port Authority keeps its agreements secret and whose approach to business centers more around the courtroom than the bargaining table.
 
Today's Consumer Energy Alliance Energy Links:
Albuquerque Business First: Energy sales require a lot of wheels *CEA Mention
As the production of oil and gas in New Mexico continues to grow, finding a way of getting those resources to market is a major question for the industry. Johnny R. Johnson, managing director of the New Mexico Trucking Association, is also a member of the Consumer Energy Alliance and deals with that issue on a daily basis.
Circulation/Audience: 4,217
 
KWGS-FM (Public Radio Tulsa): News Radio * Natalie Joubert Interview 
Tulsa, Oklahoma’s National Public Radio station runs story on low gas prices in the metro area and across the nation, interviewing Natalie Joubert regarding the trend and when she believes it may change.
 
Natural Gas Now: Energy Day in Houston, Education in Pennsylvania *CEA Mention
A trip to Houston to participate in “Energy Day” fills attendees with ideas for building a foundation for expanded energy education in Pennsylvania.
 
New York Times: Economists See Limited Gains in GOP Plan
Anticipating a takeover of Congress, Republicans have assembled an economic agenda that reflects their small-government, antiregulation philosophy, but also suggests internal divisions that could hinder a united front against President Obama — much as happened in the 1990s, when a Republican-led Congress confronted President Bill Clinton. The proposals would mainly benefit energy industries, reduce taxes and regulations for businesses generally, and continue the attack on the Affordable Care Act. It is a mix that leaves many economists, including several conservatives, underwhelmed.
 
Investor’s Business Daily: If GOP Wins Congress, What Are Its 2015 Priorities?
There is no Republican Contract with America in 2014 or plan for the first 100 days if the party can regain control of Congress. For the most part, the GOP has been content to turn the battle for the Senate into a referendum on President Obama, while Democratic candidates have tried their best to distance themselves from the White House
 
Great Falls Tribune: There's hope: Just 11 days 'til Election Day
Congressional debates are done, and it’s only 11 days until the Nov. 4 general election in Montana. But it makes for a strange election when ballots go out nearly a month before Election Day. Is this really the best way to run an election?
 
One News Now: On campaign trail, can Keystone controversy at least get lip service?
The Keystone XL pipeline is not seen as having an impact on this year's mid-term elections, and depending on the people you ask, that's okay.
 
Fuel Fix: Oil producers unite to lobby for crude exports
The nation’s largest independent oil companies are banding together to lobby for the right to export crude around the world.
 
Bloomberg: U.S. Oil Seen as Buffer for Global Prices and Supply
U.S. oil output is buffering global crude prices and critical to the world’s supply balance amid the threat of disruptions, even as a ban on domestic exports remains in place, Energy Secretary Ernest Moniz said.
 
Washington Times: Shale booming despite liberal protestations
The U.S. oil and gas industry is thriving despite efforts by the Obama administration and liberal environmental groups to undermine fossil fuel development and production, according to a Senate report released Thursday.
 
The Hil More shale oil means lower gasoline prices
Naysayers said it was almost impossible to produce enough U.S. oil to significantly lower gasoline prices. But surging oil production from the shale oil formations of Texas, North Dakota and now Ohio have put that argument to bed.
 
Wall Street Journal: The Oil Price Swoon Won’t Stop the Shale Boom
With oil prices sliding, energy investors are worried, while Saudi Arabia and Russia no doubt hope, that low prices will cap America’s boom in shale-oil production. Green-energy types sit by, happy to see turmoil in the fossil-fuel sector. True enough, sellers of any product prefer high prices to low; but the current slump sets the stage for what I call America’s shale boom 2.0.
 
Daily Caller: Report Details How WH, Enviros Conspiring to Stop Energy Boom
President Obama has long been touting the U.S. oil and natural gas boom as the product of his administration’s “all of the above” energy plan. But a new report from Senate Republicans claims the White House supports oil and gas drilling publicly while partnering behind the scenes with eco-activists to regulate it out of existence.
 
Washington Post: Gas prices are tumbling, that’s not necessarily a good thing
This growth in U.S. tight oil — a light crude that is trapped in dense, hard-to-reach rock — has come on fast. It only really got going around 2008, launched by advances in horizontal drilling and hydraulic fracturing, or fracking — the same technology that created the shale gas boom.
 
Reuters: California getting more Bakken crude by barge than rail
Shipments of Bakken crude oil from North Dakota to California by barge have quietly overtaken those by train for the first time, showing how the state's isolated refiners are using any means necessary to tap into the nation's shale oil boom.
 
Bloomberg: U.S. Energy Exports to Top Imports by 2025, WoodMac Says
U.S. companies will export more energy than they import by 2025 as shale oil and gas production keeps climbing and the transportation sector becomes more efficient, Wood Mackenzie Ltd. said in a note today.
 
The Washington Times: Fracking industry booming despite liberal protestations
The U.S. oil and gas industry is thriving despite efforts by the Obama administration and liberal environmental groups to undermine fossil fuel development and production, according to a Senate report released Thursday.
 
National Review Online: Not Just a Fracking Ban
Under the guise of an anti-fracking initiative, environmental groups in two California counties have sneaked into a ballot measure language that would impose sweeping restrictions on the entire energy sector, banning even conventional oil- and gas-production methods that do not involve fracking and have been safely used for decades.
 
Wall Street Journal: The ‘Colorado Model’ Goes Thud
Mr. Udall ran as an independent yet says he’d vote for ObamaCare again. He claims to be a “best of the above” energy guy, but he refused to endorse the popular Keystone XL pipeline and only belatedly came out against anti-fracking ballot initiatives that have crippled a new mainstay of the Colorado economy.
 
Boulder Weekly: Is the way the State handles oil & gas complaints criminal?
Among the pieces of information she was given, she says, was that all of the ingredients for fracking fluid can be found in a grocery store, which, given ammonia and rat poison can be found at the grocery store, she calls a ridiculous argument.
 
ABC Denver: Hickenlooper, Beauprez trade barbs in gubernatorial debate
After a late arrival on-stage for Governor Hickenlooper, both men shook hands and began with the topic of fracking and related ballot initiatives that were killed this past summer.
 
Innovation Trail: Cuomo says fracking study will be out by year's end
During Wednesday’s only gubernatorial debate, Governor Cuomo said that the long awaited health review on potential dangers of hydrofracking will be completed by the end of the year.
 
Pittsburgh Business Times: Corbett signs bill requiring House, Senate OKs on carbon emissions plan
Gov. Tom Corbett has signed into law a bill requiring both the state House and Senate approve Pennsylvania's forthcoming plan for reducing carbon dioxide emissions.
 
Tribune Review: Penn Twp. board OKs HF regulations
Under new regulations that now are in effect in Penn Township, Marcellus shale drilling rigs and fracking ponds are banned from residential and commercial areas — but companies are allowed to conduct horizontal drilling across almost all of the township.
 
Meadville Tribune: Shale key issue in race for governor
Drillers seriously started fracking in Pennsylvania seven years ago, launching a swell in natural gas production that also tapped new sources of cash for the state.
 
WV Gazette: Marcellus jobs report needs work, state researcher says
A legislatively mandated survey meant to measure whether West Virginia residents are getting the jobs created by the Marcellus Shale natural gas boom needs a lot of work if it’s going to give a solid answer on the issue, according to the state researcher who does the study.
 
Bloomberg BNA: Opponents Plan to File Lawsuits If Texas City Passes Measure to Ban Fracking
The residents of Denton, Texas, will vote on a ballot measure Nov. 4 that would ban hydraulic fracturing within the city limits, but the debate on the oil and gas drilling practice probably won't end on election night.
 
Dallas Morning News: Hydraulic fracturing as technological game changer?
When combined with the technique of drilling wells horizontally – not vertically – fracking as it is known has revolutionized the U.S. oil and gas sector. But does it count as a technological breakthrough on the order of the microchip or the refrigerator?
 
Alaska Dispatch News: Begich, Sullivan spar over natural resources in US Senate debate
Democratic U.S. Sen. Mark Begich and Republican opponent Dan Sullivan took their typical campaign themes to a new venue on Thursday, as the two squared off at a natural resources-focused debate sponsored by groups representing the mining, timber and oil industries, among others.
 
Politico Pro: EPA Asks Court to Toss Murry Lawsuit Over Climate Regs
EPA has asked the U.S. Court of Appeals for the D.C. Circuit to toss a case over its proposed greenhouse gas rule for existing power plants, arguing that the rule won't be ripe for judicial review until the final regulation is issued next year. EPA is taking public comment on every issue that coal company Murray Energy raised in the case and hasn't yet had an opportunity to respond, the agency wrote. If the court reviewed the rule now, it would deprive others the opportunity to weigh in on the rule, EPA said. The agency also pointed to two recent court decisions to dismiss cases brought against EPA's proposed greenhouse gas rule for new power plants.
 
Georgetown University: EPA Head Gina McCarthy to Speak at Georgetown Friday
Administrator Gina McCarthy will speak on the future of energy and the environment at Georgetown’s 2014 LEAD Conference Oct. 24.
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9-24-14

24 September 2014 4:58am

 
Midstream startup building first gas plant
Calgary Herald, By Dan Healing... to remove condensate from its liquids-rich gas so it qualifies for transport in a dry gas pipeline.
 
 
 
TransCanada work on St. Lawrence port suspended by Quebec court order
CBC.ca, The TransCanada Energy East pipeline project includes converting an existing naturalgas pipeline to an oil transportation pipeline. This project is ...

Petroleum News by Kristen Nelson.  

Three projects are under way to deliver North Slope natural gas to Alaskans - and on three different scales and timelines.

Cathy Giessel, Alaska Oil & Gas Congress, Alaska, Senator, Natural Resources, Gas Pipeline, ACES, AGIA, Photo by Dave HarbourPersonal note: While our duties found us out of State last week, we were honored to have been named Chairman Emeritus of the Alaska Oil & Gas Congress.  

Bill Popp, Anchorage Economic Development Corporation, Alaska Oil & Gas Congress, Natural Resources, Gas Pipeline, ACES, AGIA, Photo by Dave HarbourWe have enjoyed our association with CI Energy Group and other conference organizers for over a decade, chairing conferences from Houston to Anchorage and from Edmonton and Calgary to Inuvik.

Last week we were particularly pleased to note the outstanding leadership of Alaska State Senator Cathy Giessel (NGP Photo) and Anchorage Economic Development Corporation President Bill Popp (NGP Photo), both highly qualified for their Co-Chair assignments.

Lastly, we commend CI Energy Group for its support of the community, via memberships in the Alaska and Anchorage Chambers of Commerce, the Resource Development Council for Alaska and the Alaska Support industry Alliance.  

Those groups also sponsor outstanding natural resource and energy forums, but CI has the only 3-4 day forum that provides in depth coverage and presentations to an audience that represents energy companies and users from throughout the Pacific Rim.

-dh

The 10th annual Alaska Oil & Gas Congress got an update on all three in Anchorage Sept. 16.

The smallest, and furthest along, would truck liquefied natural gas from the North Slope to Fairbanks, adding to the small amount of Cook Inlet LNG currently being trucked to Fairbanks.

The other projects....(More here....  We recommend our readers subscribe to PNA for in depth O&G reporting, Alaska and Canada.  -dh)


TODAY'S CONSUMER ENERGY ALLIANCE ENERGY LINKS:

Shale Reporter: Abundance of opportunities await schools in wake of energy revolution*Mike Butler Op-Ed
Schools saved more than $45.5 million in 2013, according to a recent study by IHS Global Insight, enough to employ more than 480 teachers. Pennsylvania public schools saved about 8.3% on electricity costs and 22.1% on natural gas. There’s more: The analysis said taxpayers saved another $19 million in government-related spending, or enough to employ 280 governmental workers. That’s tremendous news for communities and districts still tussling with the lingering effects of the Great Recession.
 
Downstream Today: OPINION: Railing Against Keystone XL, Willie and Neil Are Hurting Farmers *Michael Whatley Quoted

Two celebrity singers known for supporting America’s farmers will perform at a pipeline protest in Nebraska on Saturday despite the outcome of their advocacy damaging the livelihood of farmers throughout the Midwest.
 
Associated Press: US gas prices fall to lowest since February, Lundberg says.
Refiners are taking advantage of booming oil production from U.S. shale formations that’s expected to increase domestic crude output in 2015 to the most in 45 years. The surge in production has kept WTI prices below international benchmark North Sea Brent every day since August 2010.
 
The Hill: Report: Natural gas exports could hurt Russian state-owned company.
Increasing exports of liquefied natural gas from the United States could reduce revenue at Russia’s state-owned gas company by 18 percent, according to a new report. The report, released Monday by Columbia University’s Center on Global Energy Policy, found that increased competition from the United States could hurt Gazprom and lower European natural gas prices.
 
Washington Post: Shale in North Dakota: Women in the drilling boomtowns.
Fracking has brought in an influx of oil workers—many of them women—from across the country attracted to the high salaries and burgeoning housing market created to accommodate the surge in residents. The result is the town’s population has nearly doubled in the past 10 years.
 
Star Tribune: Keystone XL operator seeks South Dakota approval
The operator of the long-delayed Keystone XL crude oil pipeline on Monday formally asked South Dakota's utility regulators to recertify the portion of the project that runs through the state.
 
Townhall: A good way to play the Keystone Pipeline Debate
The Greenbrier Companies (GBX) manufactures rail cars. The company was founded back in 1974 and is headquartered in Lake Oswego, Oregon. It may not be Alibaba (BABA), but rail car makers are doing pretty well these days thanks to the strong demand driven by the domestic energy boom and an ever-improving economy.
 
Michigan Radio: Enbridge completes work on final stretch of replacement oil pipeline
 
The Coloradoan: Oil and gas task force plans first meeting
Gov. John Hickenlooper’s oil and gas commission will have its first meeting on Thursday, Sept. 25, when the 19-member task force will plan for the next six months and five more meetings. The 19 appointees have six hours for their agenda on Thursday, which will be followed by a two-hour window for public comment, said Sara Barwinski, one of the task force’s members. From September to February, the commission will host six public meetings throughout the state.
 
The Coloradoan: Council to vote on appealing HF ruling
One month after a Larimer County judge overturned Fort Collins’ five-year moratorium on hydraulic fracturing, the City Council is considering whether to appeal that decision. Fort Collins City Council will vote Tuesday, Sept. 23 on a resolution that would direct the interim city attorney to file an appeal of the decision, which overturned the citizen-initiated ordinance voters passed in November 2013.
 
Fayetteville Observer: HF is safe, but are well casings?
We need rigorous guidelines for those well casings and the joints that seal them. And we also will need to have enough well-trained inspectors in the field. Fracking may not pollute, but the wells can - and for a public or private water supply, the source of pollution isn't the issue. Preventing it is.
 
WRAL: Natural gas pipeline concerns some in Nashville
When it comes to a proposed natural gas pipeline through eastern North Carolina, Ronald Bunn sees its path as more than a line through a map. Bunn was at a public meeting in Nashville Monday night to question a plan by Duke Energy and Virginia-based Dominion Resources to build the $5 billion pipeline, which would run parallel to Interstate 95.
 
Newsmax: North Dakota Tops US Income Gains Thanks to Bakken
North Dakota leads the nation in personal income growth. No other state even comes close. From 2008 to 2012, North Dakotans' per-capita income jumped 31 percent, according to the U.S. Bureau of Economic Analysis.
 
Pittsburgh Post-Gazette: A day in the life of a longtime DEP inspector
Mr. Sengle, 56, has been working for the past four years in the Clearfield County area with the DEP’s oil and gas division working on natural gas sites, including Marcellus Shale well sites. “My experience for the most part is the companies have been pretty attentive,” he said of the natural gas companies he inspects now.
 
York Dispatch: Corbett, Wolf clash in Hershey debate
Wolf also said he'd like to see the gas industry drilling in the Marcellus Shale deposits in the state charged a 5 percent severance tax. That, he said, would generate an added $1 billion for the state, which could be used for education or other needs. "I'm not trying to kill the goose that lays the golden egg. Let's share that gold with the people of Pennsylvania," Wolf said.
 
Columbus Business First: Production outpacing pipeline regulation, GAO says
Oil and gas production is outpacing both pipeline construction and regulation, and the U.S. Department of Transportation needs to consider making new rules, a federal agency saidMonday. “While the Department of Transportation has worked to identify and address risks, its regulation has not kept pace with the changing oil and gas transportation environment,” the U.S. Government Accountability Office said in its report on oil and gas infrastructure, including pipelines, rail and trucks.
 
State Impact Texas: Oil & Gas Trouble In Texas Ranchland: Whose Road Is It?
The Railroad Commission of Texas will meet Monday morning to consider an issue of huge importance to landowners across Texas. It has to do with how the state oversees energy companies that need access to private land. At issue at the hearing will be pipelines for oil & gas.
 
Chico Enterprise News: State Assembly, Senate candidates face off at Chico forum
While Jawahar was opposed to fracking, calling it a "dirty technology" that uses too much of the state's limited water resource, Nielsen said it is a safe method to develop needed energy resources and that it would be "foolhardy" not to use it. They also conflicted on climate change, with Jawahar saying it's real and that it needs to be addressed and Nielsen saying global warming is a natural process of the planet.

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9-13-14

13 September 2014 4:58pm

AGDC Chair to speak at Chamber Luncheon ~ Sep 18Delta News Web, John Burns, Chairman of the Board of the Alaska Gasline Development Corporation (AGDC) will be the guest speaker at the September Chamber of ...

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Alaska Gas Project Moves Foreward

12 September 2014 5:04pm

Journal of Commerce by Tim Bradner.  Step by step, the Alaska LNG Project is moving forward. The project made a big advance Sept. 5 with its application to the Federal Energy Regulatory Commission to begin a pre-filing process for the project. 

Earlier this summer an application was submitted to the U.S. Department of Energy for a license to export liquefied natural gas, or LNG. Pre-Front End Engineering and Design work, or pre-FEED, which will cost about half a billion dollars, also got underway this summer.

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8-7-14 NIMBY and "palpable tensions" among stakeholders

07 August 2014 4:46am

A Fairbanks columnist (i.e. below) admits a conflict of interest -- then opposes a pipeline gravel site possibly needed for a gas pipeline that could lower Fairbanks consumer energy costs.  

It is a classic example of NIMBY, "Not In My Back Yard".  We do not suggest it is improper for a columnist to pen commentary.  Neither do we proclaim NIMBY to be a 'bad' thing.  We do suggest NIMBY is a reality upon which pipeline 'stakeholder relations' professionals must concentrate.  

There is a palpable tension among various special interests: affected neighbors, consumers-at-large, pipeline engineers, local and state politicians and the ticking clock which calculates rising costs of delay just as surely as it tells the time.  -dh

Fairbanks News Miner by Kris Capps.  Two areas in the borough are being considered as possible material sites, or gravel pits, for an in-state gas pipeline, and the Denali Borough wants to know what residents think about it.  ...  In the interest of full disclosure, readers should know this is my neighborhood, and I own a home on Karma Ridge.  ... The thought of our one-lane neighborhood road becoming a major route for truckloads of materials causes me great concern.


Doc Hastings, Natural Resources Committee, EPA Overreach, Dave Harbour PhotoYesterday, Natural Resources Committee Chairman Doc Hastings (NGP Photo) sent a letter to the U.S. Army Corps of Engineers voicing strong concerns over the Corps’ settlement this week with Columbia Riverkeeper, a group that for years has sued the federal government and favors removal of Northwest dams. The settlement, which involves payment of over $140,000 in taxpayer-funded attorneys’ fees to the plaintiff, would vastly expand the regulatory authority of the Environmental Protection Agency (EPA) over Army Corps’ dam operations nationwide. These dams, especially those in the Pacific Northwest, are the major source of clean, renewable electricity, irrigation, flood control, and navigation.

“Incredibly, I understand that no one other than U.S. Department of Justice or Army Corps lawyers were made aware of the terms of this sweeping settlement before it was finalized, and signed by a judge.  Like an increasing number of the Obama Administration’s ‘sue and settle’ agreements over the past few years, this settlement was negotiated behind closed-doors by the Justice Department with a litigious group without consultation or input from those most directly impacted,” wrote Chairman Hastings in the letter. Of great concern is the likely precedent that this decision could have relating to the EPA’s enforcement of the Clean Water Act, relating to the operation and maintenance of federal and non-federal dams, irrigation and maintenance of a vital navigational link on the Columbia and Snake Rivers in Washington, Idaho and Oregon. This comes amidst the EPA’s hugely controversial ‘Waters of the U.S.’ proposal, which could shut down a host of water development projects and make it easier for litigious groups to sue to block them. I would request an immediate and thorough explanation of the Army Corps’ rationale and details of its actions relative to this settlement, not just to Congress, but also to all affected state, local tribal and other stakeholders that have an interest in the Army Corps’ dam operations nationwide.”

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7-11-14 Native Leaders Support SB 21 - Is Enbridge Alaska's Newest Pipeline Sweetheart?

11 July 2014 6:50am

Did You Read It Here First?  Last Night The Globe & Mail Posted News Involving A Relationship Between One of Canada's Greatest Pipeline Companies And The Alaska Gasline Development Corporation.


Globe & Mail by Shawn McCarthy.  

Enbridge Inc. is turning its eyes north to Alaska, entering talks with the state to build an $8-billion (U.S.) natural gas pipeline there if a competing project falters.

The Calgary energy company and the state-owned Alaska Gas Development Corp. (AGDC) “are undertaking substantive and exclusive discussion” which would see Enbridge become the builder and operator for the 1,163-kilometre pipeline. It would carry natural gas from the North Slope to Fairbanks and other communities in southern Alaska.

ADN Opinion Editorial, by Rex A. Rock Sr. (NGP Photo), Aaron Schutt, Sophie Minich, Helvi Sandvik, Jason Metrokin, Gail Schubert.  

Rex Rock, SB 21, ASRC, Alaska Native Corporation, Photo by Dave HarbourMany Alaskans may wonder why six of the largest Native corporations have united behind the effort to defeat Ballot Measure 1. Those who know little about us might assume it’s because some of the coalition members have business interests aligned with the oil industry. But that is too simple an answer. We did not enter into this conversation lightly.

As First Alaskans, our people have learned for generations to use and protect the resources that surround us. We have learned that to provide for future generations – for tomorrow’s children to have the same opportunities we enjoy – hard decisions must be made today.

We have listened carefully to the debate surrounding tax reform and weighed its benefits and drawbacks. We have also allowed ourselves the time to determine if the oil industry’s promises of increased investment were genuine. Some of our businesses are in the oil industry and some are not. What we have seen is an increase in investment into our oil industry, aimed at getting new oil in the pipeline. While that may be good for some of our businesses, it is good for all Alaskans. Our corporations collectively employ thousands of Alaskans and our employees support small Alaska businesses and the overall economy. New investments increase our opportunity to put new oil in the pipeline. Extending the life of our oil fields translates into continued contributions to our state treasury and the services the state provides to Alaskans for the long-term.

More....

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