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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.

 

Alaska Taxes

4-18-13 COP To Increase Production

18 April 2013 8:27am

Fairbanks News Miner/AP.  Just days after the Alaska Legislature lowered taxes on the oil industry, ConocoPhillips announced plans to boost investment on North Slope fields.  ConocoPhillips is planning to bring an additional rig to the Kuparuk field this spring and working with co-owners to fund a new drill site on the Kuparuk River field, the company said in a Wednesday announcement.


Ron Wyden, US Senator, confirmation of Dr Ernest Moniz, energy committee, oregon, Photo by Dave HarbourAccording to Energy & Natural Resources communications staff, Keith Chu,  Energy and Natural Resources Committee Chairman Ron Wyden (NGP Photo) today announced that the committee voted to favorably report the nomination of Dr. Ernest Moniz to serve as Secretary of Energy.  (You likely read it here first.)
 
“Dr. Moniz could become the first Secretary of Energy who, instead of having to confront energy shortages and scarcity, instead would oversee an era of abundant carbon-reducing natural gas and dramatic growth of renewable energy technologies,” Wyden said.
 
“From my experience working with Dr. Moniz, I believe he is more than up to the challenges that our country is going to face in this historic transition for our energy sector.”
 
The committee approved the nomination by a vote of 21 to 1. The nomination now goes to the full Senate for its consideration. 

Today's Consumer Energy Alliance Energy News:

 

Forbes: Stubbed Toe? Blame Global Warming...or Fracking On his blog at The American Interest, policy expert Walter Russell Mead posted a piece on April 14 titled “Stubbed Toe?  Blame Global Warming”.  In his piece he correctly points out that, whatever one personally believes about theories of anthropogenic “global warming”, the credibility of the movement behind those theories suffers greatly due to the actions of climate alarmists who regularly knee-jerk to attribute every severe weather event that takes place, and all manner of other, unrelated things, to global warming.
 
Bloomberg: Chevron Defies California On Carbon Emissions  -   Both Chevron and ExxonMobil help finance the Houston-based Consumer Energy Alliance, which runs ad and Web campaigns warning low-carbon mandates could cost hundreds of thousands of jobs. After the alliance lobbied in New Hampshire last year, lawmakers passed a law prohibiting the state from participating in any low-carbon fuel program without legislative approval.
 
Associated Press: Neb. Opposition Muted Ahead of Keystone XL Hearing - Supporters and opponents are expected to pack the State Department's only hearing before Secretary John Kerry recommends to President Barack Obama whether to build the $7.6 billion Canada-to-Texas line. A recommendation by the department, which has jurisdiction because the pipeline would cross a U.S. border, is not expected until summer. A poll last year by the Omaha World-Herald showed Nebraskans support the pipeline by more than a 2-to-1 ratio, and the state's governor and congressional delegation — all Republicans — have either backed the plan or relaxed their opposition.
 
Financial Times: US shale revolution backs bull case - The principal reason for their bullishness on the outlook for the US economy is the surge in oil and gas production from so-called “shale” deposits, which has in turn driven a sharp fall in US prices of both commodities relative to the rest of the world. US oil production rose to a 20-year high of 7m barrels a day in the final months of last year. US oil production rose to a 20-year high of 7m barrels a day in the final months of last year, while the country’s natural gas production has risen 20 percent in five years to a record high, according to the Department of Energy. The increase in output has led some observers to predict an imminent age of energy independence for the US.
 
Bloomberg (Op-ed by Michael Levi): More U.S. Oil Probably Won’t Destroy the Climate - No single action, even a big one, will make the difference when it comes to dangerous climate change. And the right U.S. actions can help build international support for cooperative efforts. Yet U.S. restraint is unlikely to influence other big oil-producing countries. Most of the biggest ones -- including Iran, Iraq, Kuwait, Russia, Saudi Arabia and the United Arab Emirates -- depend on oil production for their survival. They can’t slash their production without risk to their economies.
 
POLITICO Pro: Ex-spill commission: Congress is failing - Three years after the BP oil spill ravaged the Gulf Coast, Congress has failed to take action to prevent another disaster, former members of President Barack Obama’s oil spill commission said Wednesday. “Three years have passed since the explosion on the Deepwater Horizon killed 11 workers and Congress has yet to pass one piece of legislation to make drilling safer,” former Florida Sen. Bob Graham, a former co-chairman of the commission, told reporters. The group gave much higher marks to the Obama administration and the oil industry, saying they have made huge strides to improve offshore drilling safety. But it cautioned that risks will continue to be a problem, especially as drilling moves into “harsher, less familiar conditions” like the Arctic.
 
Reuters: North Dakota crude output hits new high in February - Crude oil production in North Dakota, the No. 2 U.S. oil-producing state, hit an all-time high in February but will really accelerate in May after bad weather and road restrictions end, the state's Department of Mineral Resources said on Tuesday. The recent oil boom from the exploitation of the huge Bakken formation that straddles the U.S.-Canadian border now has North Dakota forecasting production of 850,000 barrels per day (bpd) by early 2014.
 
Houston Chronicle: Energy Department won’t be rushed on export decision - The Department of Energy official in charge of deciding whether to allow exports of liquefied natural gas gave no indication Tuesday of how the department will rule, or even when a decision may be made. Christopher Smith, acting assistant secretary for fossil energy, was among the opening speakers at the 17th International Conference and Exhibition on Liquefied Natural Gas, which drew around 5,000 people to Houston’s George R. Brown Convention Center.
 
Wall Street Journal: A Fishermen's Ball Before Earth Day - Mark Ruffalo stars in big-budget action movies like "The Avengers," but he's also developed a second career as an activist opposed to fracking. The actor was honored Tuesday evening at the Fishermen's Ball hosted by Riverkeeper, a nonprofit watchdog organization that advocates for protecting the Hudson River and its tributaries, held at Pier 60. The event, held on a balmy, overcast evening at a space that showed off the river attendees were aiming to protect, raised over $1 million for the organization. Robert F. Kennedy Jr., the organization's attorney, attended, along with Yoko Ono, designer Nicole Miller and actress Cheryl Hines. Lyle Lovett performed.

 

Categories:

4-16-13 Is Congress Fiddling While Its Authority Is Being Stolen?

16 April 2013 8:22am

 Is Congress Fiddling As Obama Usurps Its Authority?

WASHINGTON, D.C. – Today, the Subcommittee on Public Lands and Environmental Regulation held a legislative hearing on nine bills to prevent the President from unilaterally designating National Monuments under the century-old Antiquities Act and to ensure greater public participation in the process. 
Commentary by
 
Dave Harbour
 
An Obama Executive Order created a new government bureaucracy that, like a leech, is siphoning strength from other federal agencies--without Congressional authority.
 
Here Are Some Useful National Ocean Policy Coalition Quick Links.  The NOPC seeks to better educate Americans about the impact of such federal overreach.
A citizens' watchdog group, the Ocean Policy Coalition, reported today that the National Ocean Council has just released the National Ocean Policy Final Implementation Plan, which is accessible here.
 
NOPC provides an Appendix to the plan here.  The White House Council On Environmental Quality -- orchestrator of the Executive Order -- also issued this press release.

Since the President first created this entity by Executive Order -- without Congressional enabling or budget legislation -- we have feared for the result.  America probably has the most tightly regulated water and air quality, commercial fishing, oil and gas, manufacturing, agriculture, transportation, etc. society in the world.  Yet, with Marine Spatial Planning -- as proposed by this plan -- and the effective zoning of the oceans, America is about to place an additional matrix of control around economic wealth producers...and all without Congressional consent.  

We believe the Members of Congress fiddle while their branch of government and their authority are being ignored, disrespected and dismantled by an overreaching federal administration.

Case in point (among many): The President established the National Ocean Policy, by Executive Order on July 19, 2010.  

This order created a National Ocean Council consisting of 27 Federal agencies and departments.  It required those agencies to perform new tasks with money the Congress had budgeted for other purposes.  It provided a mandate -- without Congressional support -- for agencies to divert Congressionally authorized personnel and focus to an unplanned, unauthorized program of environmental activism.

The Council developed its so-called Implementation Plan over the past two years but was planning to execute the plan a year ago until the reelection effort intervened.

 White House bureaucrats have now succeeded in compelling massive contributions of time, personnel and treasury from countless national, regional, and local stakeholders representing all marine sectors; tribal, State, and local governments; the private sector, scientists, and the public.     -dh

 
To interior states' citizens who believe that this tightening noose of economic control is restricted only to ocean areas, note:
 
1.  America's coasts are among the longest and most productive of any nation--affecting the health of the whole nation.
 
2.  Alaska hosts about 3/4 of the entire U.S. coastline, including prospective, Arctic OCS areas.  As Russia and Canada seek to delineate and control their own Arctic jurisdiction, America creates duplicative,  new environmental rules as Congress fiddles.
 
3.  The planners also seek control over watersheds that feed the oceans and Great Lakes, thus potentially affecting almost every American enterprise and lifestyle and freedom ... one way or another.
 
Alaska just completed a legislative session during which gas pipeline and oil tax reform could lead to greater, responsible economic activity.  Federal overreach, such as that reflected by the President's National Ocean Council, could completely negate any steps forward the free enterprise segments of the economy hope to contribute to economic strength, job creation or national defense.
 
We fear for the future of our constitutional form of government as we continue to witness the Administration's, as yet unbridled, exercise of overreaching authority.

 
Tax Reform

 The Make Alaska Competitive Coalition has circulated the following statement in wake of oil tax reform legislation that passed the legislature last weekend (Here is more):

 
Thank you, Governor. Thank you, 28th Legislature.
 
As the clock ticked down on this year’s legislative session, the House passed SB 21 in the wee hours of Sunday morning, followed by the Senate a few hours later.
 
The vote was 27-12 in the House and 12-8 in the Senate.
 
SB 21, which was debated the entire session, is designed to move Alaska forward by charting a new course for the state’s future by increasing oil production and implementing a balanced tax system.
“We voted tonight for the future – our kids' and grandkids',” said Rep. Eric Feige, House Resources Committee co-chair. “We voted tonight to give them the opportunity to have a state and economy that will be prosperous.”
 
“I applaud legislators for fostering an open, respectful and honest dialogue with Alaskans,” Gov. Sean Parnell said. “They have passed legislation that meets our four guiding principles: this legislation is fair to Alaskans, it encourages new production, it is simple and restores balance to the system, and the tax structure is competitive and durable. Alaska’s oil comeback starts now.”
 
The bill that passed both houses carries a base tax rate of 35 percent, a new credit on produced oil up to $8 per barrel, a gross revenue exclusion (GRE) that taxes producers on 80 percent of new oil, a 30 percent GRE for fields with higher royalty rates, a 4 percent gross minimum tax, a manufacturing tax credit on equipment and supplies produced in Alaska and creation of a competitiveness review board to examine the State’s tax regime and recommend changes as needed.
 
“It’s time to reverse the trend that’s led to TAPS being three-quarters empty,” Alaska Speaker of the House Mike Chenault said. “Alaskans need to know that 90 percent of our state’s revenues come from oil, and if we don’t act now, make our state more competitive, the cuts in services and loss in the quality of life we’ve come to appreciate will take an even more drastic hit. We took a tremendous amount of time and effort over the last five years and we did it right.”
 
The House and Senate gave the bill dozens of hearings, took hours of public testimony and received comments and input from North Slope operators, independent explorers, the governor’s administration, legislative consultants and others.
 
Click here to read the final version of the bill.
Click here to read the governor’s statement.
Click here to view the Senate Majority press availability.
Click here to read the House Majority statement.
 
How they voted:
 
Senate
Republicans voting yes: Click Bishop (Fairbanks), John Coghill (Fairbanks), Mike Dunleavy (Wasilla), Fred Dyson (Eagle River), Anna Fairclough (Eagle River), Cathy Giessel (Anchorage), Charlie Huggins (Wasilla), Pete Kelly (Fairbanks), Lesil McGuire (Anchorage), Kevin Meyer (Anchorage), Peter Micciche (Soldotna).
Democrat voting yes: Donald Olson (Golovin).

House
Republicans voting yes: Alan Austerman (Kodiak), Mike Chenault (Nikiski), Mia Costello (Anchorage), Eric Feige (Chickaloon), Lynn Gattis (Wasilla), Mike Hawker (Anchorage), Pete Higgins (Fairbanks), Lindsey Holmes (Anchorage), Shelley Hughes (Palmer), Doug Isaacson (Fairbanks), Craig Johnson (Anchorage), Wes Keller (Wasilla), Gabrielle LeDoux (Anchorage), Bob Lynn (Anchorage), Charisse Millett (Anchorage), Cathy Muñoz (Juneau), Mark Neuman (Big Lake), Kurt Olson (Soldotna), Lance Pruitt (Anchorage), Lora Reinbold (Eagle River), Dan Saddler (Eagle River), Paul Seaton (Homer), Bill Stoltze (Chugiak), Steve Thompson (Fairbanks), Peggy Wilson (Wrangell), Tammie Wilson (North Pole).
Democrat voting yes: Benjamin Nageak (Barrow).
Excused Absence: David Guttenberg (D-Fairbanks).

Thank you, Alaskans.
We would like to personally thank the hundreds of Alaskans who supported the Make Alaska Competitive Coalition by talking to their legislators, friends and neighbors, participating in testimony on behalf of meaningful tax reform – and opening their checkbooks to support MACC. We couldn't have done it without you.
Jim Jansen and Marc Langland
Co-chairs, MACC Steering Committee

What they said
“Alaska’s oil comeback starts now.”
- Gov. Sean Parnell
 
“We’re racing to the bottom of an empty pipeline, and we’re going there very quickly."
– Rep. Craig Johnson
“This vote is really about providing for future generations.”
– Rep. Mia Costello
 
“This is a turning point for Alaska.”
– Rep. Mike Hawker
“It’s a step forward in doing what’s right for our kids and the next generation.”
– Sen. Anna Fairclough
 
“Alaskans want action and we gave them a tax package that strikes a balance and makes us more attractive to industry.”
– Rep. Eric Feige
“Alaska has tried the ACES experiment to see if we can punish our way to prosperity. It has clearly failed.”
– Rep. Dan Saddler
 
“What a difference an election makes.”
– Sen. Fred Dyson

 

 

Categories:

4-15-13

15 April 2013 6:22pm

Sean Parnell, Alaska, Governor, ACES, oil tax reform, Photo by Dave HarbourFrom Governor Parnell's Office.  Following the close of the first session of the 28th Alaska Legislature, Governor Sean Parnell (NGP Photo) today thanked legislators and highlighted the successful passage of many of his key priorities to improve Alaska. Reforming Alaska’s oil tax structure, providing cheaper energy to Interior and rural communities, reducing payroll tax increases, exercising fiscal restraint, and protecting Alaskan families led the governor’s agenda this session.

Alaska’s Oil Production Comeback
 
"After thoughtful analysis and debate, legislators passed Senate Bill 21", a statement from his office said today, "Governor Parnell’s bill to create a prosperous future for Alaskans though increased production. This legislation simplifies Alaska’s oil tax structure and provides the right balance for Alaskans at both high and low oil prices. Senate Bill 21 significantly improves Alaska’s competitive standing."
 
“This session, we took major steps to grow our economy and create opportunities for Alaskans,” Governor Parnell said. “Senate Bill 21 sets the course for an oil production comeback on the North Slope. I thank the many Alaskans from across the state who made their voices heard and testified on the importance of oil tax reform and what it means to their future.”
 
The Legislature also passed the governor’s permitting legislation. House Bill 129 and Senate Bill 27 will give Alaskans more say over the permitting process.
 
Interior Energy Plan
 
Additionally, the Legislature passed the governor’s Interior Energy Plan, which will provide cheaper energy to the Interior and Alaska’s road and river communities. Senate Bill 23 puts in place a financing package for natural gas liquefaction on the North Slope and a distribution system, in conjunction with private sector financing. 
Last week, Parnell complimented the Legislature on passage of gas pipeline legislation.  “Alaskans have had to wait too long to get their gas,” Governor Parnell said. “I commend Representative Hawker and Speaker Chenault for spearheading this legislation to get Alaska’s gas to Alaskans first, then to markets beyond.”
 
Categories:

4-12-13

12 April 2013 2:58am

 Calgary Herald by James Wood.  Prime Minister Stephen Harper said Thursday that Ottawa and Alberta are taking a “Team Canada” approach when it comes to getting the controversial Keystone XL pipeline approved by the United States government.  And he offered some praise for Premier Alison Redford, who has returned from a two-day trip to Washington D.C. where she touted the environmental record of Alberta and Canada — along with the merits of Keystone, a cross-border pipeline proposed by Calgary-based TransCanada which is intended to ship oil from northern Alberta to the U.S. Gulf Coast.


Intrastate Gasline Legislation

See Our Editorial: "The Government Gas Pipeline"

US Upstream by Tonya Zelinsky.  The recent decision makes the AGDC a stand-alone corporation, giving it the tools to move forward on its plans for the US$7.5-billion Alaska Stand-Alone Pipeline (ASAP), which would connect North Slope gas with Alaska tidewater.

War over gas pipelines flares in Alaska Senate - Alaska Dispatch - It's being Mike Chenault, AGDC, Gas Pipeline, ACES, AGIA, Photo by Dave Harbour, Speaker of the House, Alaskadeveloped by the state-owned Alaska Gasline Development Corp., a subsidiary of the Alaska Housing Finance Corp. Chenault (NGP Photo) joined in the attack on the lawyers, noting that he was proud of his 12th-grade education and saying he was so upset at ...

Senate panel advances in-state gas line - San Francisco Chronicle - ... on a bill aimed at advancing an in-state natural gas pipeline. The Senate Finance Committee advanced its version of HB4 Thursday. It contains provisions that supporters say the Alaska Gasline Development Corp. needs to get a project to an open season

Energy issues on floor of House, Senate; committee tables oil tax - Alaskajournal.com - In the Senate, a bill making changes to statutes governing an in-state gas pipeline project will be voted on. House Bill 4 makes technical changes in laws governing the Alaska Gasline Development Corp., the state corporation formed to pursue an in ...

Bill to shift Knik bridge construction to AHFC doesn't move - Anchorage Daily News - Costello's amendment creates a new public corporation inside AHFC, the Knik Crossing Development Corp. That follows the model for the Alaska Gasline Development Corp., created by Fauske inside the AHFC when he picked up that project in 2010.

House Approves Gas Trucking Bill.  (Governor's Statement)

Resource Development Council for Alaska (RDC) Urges Oil Tax Reform Support As Legislature Moves Toward Adjournment!

Senate Finance Committee Released Oil Tax Reform Bill Yesterday.

RDC issued the following call to action yesterday: 

With only days left in session, the Legislature continues its deliberations on SB 21, oil production tax reform. Critical votes are right around the corner.


Alaskans from across the state have made their voices heard. Hundreds have testified on the bill in numerous committee hearings this session with a strong majority supporting the legislation. Dozens of RDC members from across Alaska's natural resource industries, including mining, forestry, and tourism, have weighed in not once, but numerous times.
Moreover, in a recent poll, most Alaskans supported oil production tax reform because they recognize that more production and more investment are needed to stem the North Slope's steady production decline, boost future state revenue, and most importantly, grow our economy.


Independent experts have testified that SB 21 will better protect the State at low oil prices, while ensuring we are competitive at high oil prices.  Companies have testified that SB 21 in its current form will lead to greater investment and more production.


The Legislature has been working extremely hard over the past few months analyzing oil taxation policy, and now is the time for our legislators to create a better climate for new investment and production.


If you support increased industry investment and oil production in Alaska, email legislators immediately to let them know you support SB 21. Those opposing the bill have ramped up their efforts and their voices are being heard in Juneau. Legislators need to hear from you, too. Please do not allow the opposition to speak for you.


An efficient and fast tool for emailing your legislators is available through Prosperity Alaska. Emailing your elected officials takes less than two minutes. Choose from a letter template or personalize your own, and your message will be emailed directly. 
Email your legislators now and let them know you support CS SB21. 
Read RDC's latest testimony on the bill.

Robert Dillon, Senator Lisa Murkowski, US Senate Energy Committee, Photo by Robert Dillon (NGP Photo) of Senator Lisa Murkowski's Energy Committee sends us the following note which should once again demonstrate to Alaska lawmakers that Alaska's energy reserves are not unique and must be competitive if Alaska is to prosper.   -dh 

ICYMI: The scientific body responsible for evaluating our nation’s recoverable natural gas resources this week released a report showing future gas supply estimates increased by 22.1 percent since 2010 to a total of 2,688 trillion cubic feet. 

That’s the highest resource evaluation in the 48-year history of the Potential Gas Committee, a nonprofit organization of natural gas experts at the Colorado School of Mines. The committee’s assessment confirms that the United States possesses abundant, recoverable natural gas resources both onshore and offshore that can benefit all sectors of the U.S. economy, including helping to reduce our nation’s trade imbalance.
 
The Potential Gas Committee’s year-end 2012 assessment of 2,384 Tcf includes 2,226 Tcf of gas potentially recoverable from “traditional” reservoirs (conventional, tight sands and carbonates, and shales) and 158 Tcf in coalbed reservoirs. Compared to year-end 2010, assessed traditional resources increased by 486.4 Tcf (28%), while coalbed gas resources declined by a nominal 0.4 Tcf (0.2%), resulting in a net increase in total potential resources of 486.1 Tcf (25.6%).
 
Since 2002, the Potential Gas Committee’s estimates of potential gas resources (excluding proved reserves) rose 111.5 percent. In other words, over the past decade, the size of the potential resource base has more than doubled thanks to new technology and American ingenuity. Most of the increase arose from new evaluations of shale gas resources in the Atlantic, Rocky Mountain and Gulf Coast areas.
 
View slides from the April 9 Potential Gas Committee report here and a press release on the report here.
 
AOL Energy has a pretty good summary of the report:http://aol.it/12PfJ4Y

 

Categories:

4-9-13

09 April 2013 8:52am

 

 The Make Alaska Competitive Coalition this morning sent this email message to contacts around Alaska:
Alaskans will have their last opportunity to testify on how to fix ACES in front of the House Finance Committee when it takes public comment on SB 21, the Governor’s proposed oil tax reform bill.
5 - 8 p.m. Tuesday, April 9
Testimony will be taken statewide in person at your local Legislative Information Office. Click here for a list of Legislative Information Offices.
Comments should be limited to two minutes.
The Resource Development Council for Alaska provides its contacts throughout Alaska with this message today:
 
With the legislative session approaching its final days, there are two important actions RDC members must take this week to secure oil production tax reform this session. 

• Testify at the final public hearing on the Governor's oil production tax reform bill, CS SB 21, in the House Finance Committee.

• Email members of the Alaska House of Representatives. 

Public Hearing:

The House Finance Committee will hear public testimony on the governor's bill on Tuesday, April 9 at 6:00 p.m. Testimony will be taken statewide and the preference is for people to testify in person at your local Legislative Information Office (LIO). Comments should be limited to two minutes.

Even though you may have testified numerous times this session on the bill before other committees, your testimony is needed one more time to encourage the House Finance Committee to move forward with meaningful policy changes this session to attract new investment and increase North Slope production. 

If you have yet to testify, please make your voice count – NOW. Your participation in the process is absolutely vital and it can make a difference. House Finance is the final committee of referral and is the final opportunity for public testimony on the bill. 

Emails:

It is also critical that you email members of the House to let them know you support CS SB 21. Even though a recent poll has revealed that 56 percent of Alaskans statewide support oil production tax reform, those opposing the bill have been making their voices heard loud and clear and have attracted considerable media attention. Legislators need to hear from you. Please do not allow the opposition to speak for you. 

Thanks to Prosperity Alaska, emailing your elected officials with this important message takes less than two minutes. Choose from a letter template or personalize your own, and your message will be emailed directly. It's simple, efficient and fast. Email your legislators now and let them know you support CS SB21. 

Conclusion:

The House Resources Committee improved SB 21 by lowering the base tax rate from 35% to 33% and extending the small producer credit to 2022. The 33% tax rate will put Alaska in a better competitive position and make it more attractive for private sector investment.  To compete for the investment that will move the needle on production, Alaska must stand out from its competition, as opposed to settling for a position in the middle of the pack. 

Please testify on Tuesday and contact your legislators today and encourage them to support CS SB 21. 

Email your legislators now and let them know you support CS SB21. 
Thank you,
RDC

Categories:

4-8-13 Denali Gas Pipeline Anniversary

08 April 2013 7:31am

In honor of her service and life we provide some of Margaret Thatcher's quotes.  Not included is this one, perhaps the greatest of all: “The problem with socialism is that you eventually run out of other people's money.”  Here is a great story.   -dh


Last week, NGP reader, Dawn Patience, reminded us of a milestone that quietly passed Alaska Dorene Lorenz, Your Alaska Link, Channel 13, Anchorage, oil and gas, streaming, Photo by Dave Harbourby earlier this year, Tom Brennan, Snowflake Rebellion, ARCO, Anchorage Times, Alaska, Oil and Gas, Photo by Dave Harbourperhaps lost in the intensity of oil tax reform and intrastate gas supply project debates.   In early 2013, Alaska saw production of the 12 billionth barrel of crude oil from the North Slope initial production area.   Here's the link to that story, told by Frank Baker.

Today, Snowflake Rebellion author Tom Brennan (NGP Photo) and I will review this history, a Canadian history 'tie-in" and related current events with Dorene Lorenz (NGP Photo) of Your Alaska Link.  If you don't have a TV at work, and wish to tune in at 4 p.m., you can catch us on a live stream, here, from anywhere in the world.  Ain't technology great!  -dh 

P.S.  From the News Miner/AP: The end is near. Right? The Legislature is scheduled to adjourn from its 90-day session on Sunday, with a number of major pieces - oil taxes, budgets, an in-state gas line bill - still in play.

P.P.S.  Double Hitter: at 1:30 today ADT, the Senate Finance Committee will take testimony on the Alaska Gasline Development Corporation bill and the House Finance Committee will take testimony on the Oil and Gas Production tax reform bill.


Another Anniversary: Denali Gas Pipeline Project Would Have Been Five Years Old Today.

April 8, 2008--BP and ConocoPhillips today announced they have combined resources to start Denali - The Alaska Gas Pipeline. The pipeline will move approximately four billion cubic feet of natural gas per day to markets, and will be the largest private sector construction project ever built in North America. The project combines the financial strength, arctic experience and technical resources of two of the most capable and experienced companies in the world.


Then, almost two years ago, we reported the project's ending.   -dh

CBC notes that a Canadian Province is subsidizing for one of it's counties what Alaska is planning to do for Fairbanks  -dh.  The Nova Scotia government has announced plans to spend several million dollars to help bring natural gas to businesses and homes in Pictou County.


Reader Steve Borell brings us this link from Algemeiner.  It provides another dimension to the competition U.S. and Canadian natural gas producers experience: attractive and friendly investment climates abroad.  -dh  

The Tamar field is designed to deliver natural gas rates up to 1 billion cubic feet per day, and will likely reach this maximum capacity during the peak summer demand in the third quarter this year.  Noble Energy chairman and CEO Charles Davidson said, “In just over four years from discovery, the Tamar project is fully operational and delivering significant volumes of natural gas to Israel. The project is a technological and commercial milestone for Noble Energy and our partners.”

 Fairbanks News Miner.  The Senate on Thursday approved a five-year deal to sell royalty oil to Flint Hills Resources’ North Pole Refinery.


Today's Energy Links, Courtesy: Consumer Energy Alliance:

Philly Blurbs: Philadelphia region an emerging player in energy industry - Now, natural gas is helping to energize the region’s manufacturing base with the revival of several formerly dying or dead facilities. This fall, Sunoco announced that its closed Marcus Hook site will reopen as a natural gas processing facility, which will bring new business and attention to the Delaware Valley. In fact, it was reported that state officials applauded the project as “a big boost for Pennsylvania’s Marcellus Shale industry by connecting the areas producing natural gas in western Pennsylvania to markets linked to Philadelphia.”
 
Wall Street Journal (Editorial): The 1% Keystone Confusion - Our favorite anecdote from the tour, however, came when some protesters against Keystone XL chanted outside another rich man's home, "What do we want from the President? No pipeline for the 1%." These protesters need to have their consciousness raised too. The 1%-ers writing checks to Mr. Obama loathe the pipeline. The folks who need and want it are the 99%. They're the working stiffs who are "struggling to get by" in this economy.
 
Oil & Gas Journal (Editorial): Arkansas pipeline leak no reason to block Keystone XL - Environmental pressure groups responded predictably to a Mar. 29 pipeline accident in Arkansas. “With stakes this high,” the Sierra Club said after crude oil leaked into a neighborhood near Little Rock, “there is no excuse for the White House to approve Keystone XL.” So where were the Sierra Club and other like-minded groups when the Carnival Triumph cruise ship blew off its moorings in high winds and hit another vessel in Mobile, Ala., the following week?
 
POLITICO: Yea or nay, W.H. will face backlash on Keystone - Got questions about the Keystone XL oil pipeline? Don’t ask the White House. Amid growing anticipation over the decision on the controversial project, the White House is swatting away reporters’ questions, directing them to the State Department, which is deep into a lengthy analysis of the pipeline. The State Department is the ultimate decider on the pipeline, not the president, White House aides say. “Again, this is a decision that’s housed within the State Department and made on the merits,” press secretary Jay Carney told reporters Thursday, reiterating his long-standing response to questions about Keystone.
 
U.S. News & World Report: What's Next in the Ongoing Keystone XL Saga? - With the public comment period for the State Department's draft environmental statement drawing to a close, debate over the approval of the controversial Keystone XL pipeline has started heating up again, not least because of two recent spills involving Canadian crude oil. Although the Obama administration seems to be leaning toward approving the pipeline, according to experts, navigating the political climate surrounding the issue promises to be difficult, especially with the president's comments about stemming the progress of climate change.
 
National Journal (Energy Experts Blog): Is the Keystone XL Pipeline Too Risky? - Do the risks associated with the Keystone XL oil pipeline outweigh the benefits? That's the debate playing out in Washington and around the country right now in the wake of an oil-pipeline spill in Arkansas. The ExxonMobil-owned pipeline accident, which spilled at least a few thousand barrels of oil in a Little Rock suburb, is a stark reminder that energy production comes with unavoidable risks. Ironically, the spill occurred a little more than a year after President Obama signed a law strengthening the nation's pipeline-safety regulations.
 
NBC News: Disputes over environmental impact of 'fracking' obscure its future - Carol French still has the canning jar full of cloudy and gelatinous water that came out of her well right before her daughter got sick and some of her 40 milk cows developed a rash. She agrees that this jar, by itself, proves nothing about the environmental impact of "fracking," the drilling technology largely responsible for America's boom in oil and gas production. You can't determine the environmental effects of drilling and fracking from one person's Mason jar full of water.
 
Associated Press: Fracking coalition upsets both greens and drillers - Like a marriage the in-laws don’t approve of, a new plan to strengthen standards for fracking is creating unusual divisions among environmentalists and supporters of the oil and gas industry. At first glance, it’s hard to fathom all the angst over the Pittsburgh-based Center for Sustainable Shale Development. Environmental groups, foundations, and major oil and gas companies came together to support stringent measures to protect air and water from pollution in the Appalachian region, and they invited other groups to join in and help limit pollution from fracking. Not everyone was flattered by the invitation.

 

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