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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.

 

Commentary

8-21-14 LNG Competition: What We Can Do To Help!

21 August 2014 6:41am

Is The Alaska LNG Project In A Race With Canada's Painted Pony?

Commentary on, "A Brave New World of LNG Export Competition", by Dave Harbour

Our friend, James Halloran (below, right) advises his newsletter recipients this morning that LNG Project competition is intense.  This is why Alaska cannot take its resources for granted--cannot just assume that they will be both marketable and marketed.  And, we can help!  In a Brave New World of LNG export competition, Alaska's government and people need to work with and support reasonable natural resource development in the State.  Alaska's Constitution (Para. 2) demands it.  The Alaska Statehood Act depended upon it.  And, the future of Alaska and her coming generations absolutely require an economy sustained by reasonable resource development.  We don't know if the Alaska LNG Project will ultimately be both marketable and marketed.  We do know that its sponsors will need exceptional support of Alaska's citizens to overcome the awesome forces of competition, augmented by Alaska North Slope Gas natural marketing obstacles: remoteness, climate expenses, labor expenses and logistics expenses.  We also conclude that our Canadian friends face some of the same, man-made competitive obstacles and natural resource advantages.


Governor Sean Parnell, Alaska, LNG, Nikiski, Land Purchases, Photo by Dave Harbour

LNG Competition!

Commentary by Energy Consultant, James Halloran.

There are over two dozen proposed LNG export projects in the US that, if all enacted, would involve shipping 38 Bcf of gas per day (over 50% of current domestic production).

Obviously, the actual number will be much smaller than that. The best guess (and it is no more than that) is that US LNG export capacity may reach about 8-10 Bcf/day.

About 2-4 Bcf will represent “swing capacity” for such majors as Exxon, arbitraging between the Atlantic and Pacific basins (and not operating full-time).

The total capacity ultimately built may actually go higher, but at that point some of it will be excess supply.

But the US situation can hardly be looked at in a vacuum. There are a number of major inputs to the LNG supply/demand equation. One of the biggest involves efforts by British Columbia to develop a number of LNG export terminals. The note below describes the critical issues that are headwinds to that effort. We will not repeat what is accented below. But the bottom line is that, while Canada’s only real advantage over the US at this point is closer proximity to the Asian market, with several disadvantages, this does not mean that Canada will cede the market to the US. The BC projects are highly likely to lead to overbuilding in the North American LNG export business.

This is especially likely, given BC’s dream of tax revenue riches from these projects. Rational behavior rarely accompanies government greed. The Canadian natural gas that will supply the BC projects will not come from fields that would go anywhere else, but this only accents the likelihood of competition for the Asian markets that will hold LNG prices down.

(Note: Should Halloran later add into this mix the prospect of an Alaska LNG project, competition becomes even more intense.

Tax greedy Provinces like British Columbia and States like Alaska will have to restrain the temptation to tax their golden eggs out of existence; if not, less greedy, more reasonable, producing area governments will create new nests of golden eggs at the expense of Canada and Alaska.  -dh)

On his Face Book Page, Governor Sean Parnell (NGP Photo) writes: Progress on the natural gas pipeline for Alaskans: ‪#‎Alaska‬’s LNG Project secured more than 120 acres of land near Nikiski and has nearly 100 more acres under contract. This bodes well for a liquefied natural gas plant, which would be the largest integrated LNG project ever constructed . Some good reporting here: http://goo.gl/KOIU5J 


Bloomberg News by R.  The race to build natural gas export terminals on Canada’s Pacific Coast is inspiring another competition as producers including Painted Pony Petroleum Ltd. (PPY) position themselves as potential takeover targets.

Developers of the gas-rich Montney shale that straddles Alberta and British Columbia are among the best-performing Canadian energy stocks this year, including Painted Pony, Crew Energy Inc. (CR) and Birchcliff Energy Ltd. (BIR) Regulators estimate the Montney, the supply source closest to the sites of proposed LNG terminals, contains 145 years worth of Canadian gas consumption.

As oil majors from BG Group Plc to Royal Dutch Shell (More here....)


TODAY'S CONSUMER ENERGY ALLIANCE ENERGY LINKS HERE


TODAY'S ENERGY IN DEPTH ENERGY LINKS BELOW:

NATIONAL

As oil boom continues, there's no end in sight for job growthDallas Morning News. “We have a lot of production increasing in the shale areas of Texas and North Dakota. And we’re seeing an upswing in the number of rigs in the gulf,” said Paul Caplan, president of Rigzone, which runs an online job board for the industry. “The competition for people is getting tough.”
 
Bottleneck keeps Permian oil price far below benchmarkHouston Chronicle. Five years into an oil production revival in the Permian Basin, producers tapping the West Texas formation are selling their oil for $21 below the benchmark U.S. price because it's difficult to get thecrude to market. NOTE: Bloomberg also reports.
 
New Book Documents Hydraulic Fracturing's Promise for AmericaHeartland Institute (Blog). The new book Groundswell is a highly recommended read. It is more an economics and politics book than a science treatise, and there are plenty of issues in fracking economics and politics to discuss. In an easy conversational writing style, Ezra Levant powerfully debunks a litany of myths regularly asserted by anti-fracking activists.
 
BP Hires Chief to Run its U.S. 'Lower 48' Onshore BusinessWall Street Journal. Mr. Lawler, most recently an executive vice president and chief operating officer of Sandridge, will take over a new business with "separate governance, processes and systems" from the rest of BP, the company said in a statement. He will report to BP's exploration-and-production chief, Lamar McKay. BP said in March that it would put its lower-48 onshore assets into a new business in an effort to become nimbler and "compete more effectively with the independents," BP CEO Bob Dudley told an investor meeting at the time.
 
Energy fight advances in North CarolinaWashington Post. North Carolina is down to the final weeks of a hydraulic fracturing battle that has consumed the state government for nearly two years. The state’s Mining and Energy Commission will kick off public hearings this week on the controversial drilling practice, which Gov. Pat McCrory (R) legalized in June.    (Click Below For More International and Stateside News....)

 

Categories:

8-20-14

20 August 2014 5:30am

 

Yesterday's Election Results: Scroll down for yesterday's analysis.

KTUU.  The outcome of Ballot Measure 1 decided whether Alaska should keep changes the Legislature made earlier this year to the state's oil tax structure.  Controversy surrounded the divisive issue from the time legislation was proposed through the days leading to the election.

Categories:

8-19-14 Today Alaskan Voters Determine Their Future!

19 August 2014 5:34am

Primary Election Day In Alaska

A Historic Day Whereupon Alaskan Voters Will Determine the Future Of Their State and Their Country!

by

Dave Harbour

​(Responses to commentary)

Alaska: Where A Deal Is A Deal?

Last Spring we wrote a four part series, here, on Alaska's oil tax history going back to forty years.  We also explored Alaska's current status as a competitive investment climate and coined a phrase: "In Alaska, Is A Deal A Deal?", and variations on that theme.

In one column, below, we explored the concept of a competitive investment climate/tax policy in an ideal world, which, on this Primary Election Day, might interest our gentle readers.


So, question: rather than just be relegated to the critics' peanut gallery, what would we be inclined to do were we to have absolute power?

Answer: We would sell oil and gas leases in the private market for the highest price.

We would loudly proclaim that, "in reliable Alaska, a deal is a deal and we put great value on protecting our reputation".  

While our constitution gives us the sovereign power of taxation, we are loathe to use that power selfishly, negatively or in ways that diminish our integrity as a respected, sovereign state.

We would endeavor to never change the tax/royalty/regulatory rules of the game affecting an investment for at least 20 years--except to moderate the impact of those burdens in response to logic and our competitive position with respect to competing markets.  

We would control the nearly insatiable appetite for increased spending beyond our means, knowing that run-away spending could force us to raise tax burdens and decrease our competitive ability to attract investment.

We would not impose any unnecessary costs (i.e. "must haves") on energy projects that diminished the maximum monetary returns; we would then be free to consider use of those maximum returns for social or capital needs of our citizens.

In this way, we would seek to not add an unnecessary and burdensome straw to the back of a project that needed every possible advantage to compete in the world energy marketplace.  

We would not risk adding one single incremental project cost that could kill a project.  

We would not flirt with disaster.

And that, Dear Reader, would lead us to become a place in the world where investors have confidence that, "a deal is a deal".  -dh

Today is a historic Alaska Primary Election Day whereupon voters will decide their own future and, more importantly, the future of their children. 

Our position has always been that high Alaska oil taxes may increase short term gains for this generation but cause a withdrawal of investment at the expense of our children’s generation.

We have written extensively on this subject (i.e. see sidebar links).  We have concluded that for this and future generations our goal should be a reliable and competitive investment climate that produces maximum natural resource and employment returns for this and future generations. 

But there are those who would skim as much as possible from our natural resource potential today no matter what ill effect that might have on future Alaskans.

Today, voters will decide whether to repeal SB 21, a reform bill passed a year and a half ago.  That bill reforms many of the most objectionable aspects of an oil & gas production tax increase passed after little debate by the Legislature and applied RETROACTIVELY nearly a decade ago.  We’ve seen over the past year of reform, how investment to keep the Alaska economic lifeline (i.e. the Trans Alaska Pipeline System {TAPS}) functional has been increasing.

Now, put yourself in the place of a legislator who supported SB 21.

It must be very hard for a politician to avoid temptation. 

Temptation to bow to constituent demands for subsidy.

Temptation to bow to business and campaign supporters for tax moderation.

Temptation to bow to economic realities and a sense of, “doing the right thing”.

Fairbanks Senator “Click” Bishop is an example of a fellow caught between a rock and a hard place.

Some of his union constituents want to repeal reform which could siphon more money into government and public utility unions that could expect to profit from taking maximum oil tax money now in spite of any effect that might have on the future.

Some of his union constituents depending on business generated jobs support reform and the effort to “Vote No On One”, the slogan for pro-SB 21 reform advocates.

Some of Bishop’s constituents are directly depending on oil company investment and jobs while some are involved with Interior Alaska, subsidized utility projects requiring huge expenditures of capital dollars from a diminishing state treasury.

So, what does Bishop do?  He supports SB 21…conditionally.  In this August 17 Op-Ed he assured his local readers that he voted for tax reform but didn’t trust investors and would make them pay dearly if they didn’t invest what he expected, though his expectation is undefined.

He says, “Here’s how my concerns were reported on the night I voted in favor of SB 21: "Bishop was cautiously optimistic the cuts would result in a change on the North Slope, but was adamant that he needs to see a ‘marked investment’ of billions of dollars per year if the industry hopes to hold onto SB 21’s changes. 'Do I trust the oil industry? No, they haven’t proven it to me yet,’ he said. ‘I’m just putting them on notice, right here and right now. They got one free pass with me tonight, and if I don’t see increased production, I’ll be the first one to file a bill to put it back on them, end of story.’ When asked when he would make that determination, he said three years."'

*     *    *

“But”, Bishop continued, “I want to stress -- the burden of proof is not on me or any other Alaskan -- it's on the industry. I want to see increased spending and I want to see increased production. So, I am on the record, just as I was on the record during my campaign and my time in the Legislature. I will take this leap of faith, but if it's not producing the promised results within three years, I will lead the charge to change it.”

“I will also note that if we have to return to ACES or something like it because the producers have not produced, I will be leading the charge for that too, including a claw-back provision to return those dollars to Alaska,” he concluded.

In short, Bishop is like other public officials who kowtow to the public in the quest for reelection by demonizing investors.  It is unfortunate that even if today's effort to repeal tax reform fails, and even if resulting industry investment is massive, the Senator's hostility will remain a matter of public record and a matter of investor concern.

We might have been more understanding had the good Senator opposed SB 21 and courageously stood by his guns or supported and defended reform because he believed the policy best for Alaska--for certain well-articulated reasons.

But Bishop's “on-the-one-hand/on-the-other-hand” rhetoric makes him appear to be unstudied, incapable of decision and far short of the wisdom required of one elected to analyze and act decisively on complex matters affecting the lives of all Alaskans, if not all Americans.  We have seen Bishop in action, like him and appreciate his best of intentions.  We don't mean to pick on the man but his attitude attracts critique.  Why would you support reform for the very investors whom you attack and threaten?

Bishop’s psychology is not unique.  In his defense, he probably does faithfully follow the diverse pressures of constituents.  He has likely chosen to be a “follower of constituent concerns” rather than a, “leader of Alaska”.  That approach might be best calculated for popularity and reelection but falls short of true leadership, diplomacy and business acumen.

Where does this leave Alaska on this historic, Primary Election Day?

We believe that should Ballot Proposition #1 fail (i.e. thus reaffirming passage of SB 21), Alaska will continue to see its investment climate attract more investment.  That investment will lengthen the life of TAPS and thus best secure economic prosperity for this and future Alaska generations.

Should Proposition #1 pass (i.e. thus repealing SB 21 and tax reform), we believe the event will be followed by investor statements indicating, “disappointment” that a well-studied plan by the Legislature and Governor to improve Alaska’s investment climate has failed through operation of a voters initiative.

We believe that under either scenario, the citizens of Alaska and the nation have big challenges to overcome.

  1.  Scenario: Initiative Fails.  Celebration will and should be muted.  Oil tax reform will continue forward.  More investment can be expected.  But investors will remain cautious for several reasons:
    1. The subjective, demanding and hostile attitude of, “invest to my satisfaction”, projected by Senator “Click” Bishop and a large percentage of other Alaskans will be calculated when future investment decisions are discounted for political variables.  Yes, tax reform is safe for the time being, but a large block of voters and elected officials remain hostile to investors—and they know it.
    2. Investors have just witnessed how Alaska’s voter initiative process can emasculate the carefully developed policy of elected officials.  While the initiative may fail today, the process remains alive and well for another day—and investors know it.
    3. With reaffirmation of tax reform, expectations will be high for the oil producers to, “make the gas pipeline/LNG project reality”.  The big producer investors have always said that a durable, reliable “fiscal regime” is required before investors commit $40 to $60 billion into marketing the 35 Tcf + of  Alaska North Slope natural gas reserves.  A decade ago, Governor Frank Murkowski developed an agreement with producers that provided ‘fiscal certainty’ for their big gas pipeline investment in return for a production tax increase.  The Legislature balked and, instead, gave investors no fiscal certainty but rope-a-doped them a tax increase that is the subject of today’s SB 21 tax reform repeal ballot question.  In short, once today is done, the North Slope producers’ gas pipeline project will be under increased scrutiny, accompanied by residual hostile attitudes which surfaced during the SB 21 debate process.  Investors, therefore, know that while production tax reform is real (at least for the time being), new challenges await them.
    4. If Alaskan leaders do not restrain their appetite for continuing, increased spending the pressure will soon build to again increase oil taxes—and, investors know that, too.
  2. Scenario: Initiative Passes.  Governor Sean Parnell (NGP Sean Parnell, No On One, Production Tax, ACES, reform, sb 21, Photo by Dave HarbourPhoto), some legislators, business leaders and oil companies will express varying degrees of disappointment.  Expect to see somewhat restrained comments by oil company taxpayers.  After all, they will once again be living under one of the worst investment climates in the free world—and their assets and operations will still fall under dominion of an unreliable taxing sovereign with regulatory muscle to boot.
    1. We believe investors will throttle back on LNG gas project planning or put the project on hold.  They will, however, be careful about their public responses knowing Alaska is capable of mobilizing further hurtful voters’ initiatives, including a natural gas ‘reserves tax’.
    2. Alaskans can expect to see some projects now being constructed, abandoned.
    3. Real estate investors will be hard hit, beginning this coming fall and winter, as producer companies engage in reductions in force and terminate or downgrade scores or hundreds of service agreements with Alaskan contractors.  New “big box” retail investors will be facing a dangerous, demographic slide.  Nonprofit organizations heavily dependent on general business donations can expect to see a dry desert appearing before their eyes, with few oases of private financial support in view, other than the occasional mirage.  Hoped for new oil and gas investment will fade away, adversely affecting the state and municipal budgets depending on income from the (i.e. discriminatory, since no other business pays it) special oil and gas property tax.
    4. Less oil, than with tax reform, will be transported down TAPS.   This will lead to an earlier shutdown, removal and restoration of the great oil conduit, than would have occurred with tax reform.  This will cause increased prices for oil shippers and their customers at Alaska refineries and on the U.S. West Coast.   The end of TAPS will end oil and gas exploration and development on the Alaska North Slope for, at least, the remainder of our generation.
    5. Finally, one has to ask: If SB 21 is repealed and the negative investment climate produces an outmigration of citizens, will massive state subsidies still be spent to produce the multitude of new energy projects now on the drawing board—in preparation for a growing population.  If so, it is likely that much of that spending will be wasted.  If not, many state employees and their contractors will also experience reductions in force.

Finally, whether the initiative passes or fails, Alaska will still have to contend with two very big challenges:

  1.  Alaska will still face the overreaching, hostile and anti-development actions of a federal government that controls most of the land in Alaska directly, and all of the state, Native and other private lands indirectly.
  2. Alaska will still have to resolve whether it wishes to encourage investors with a truly positive attitude.  Or, will we continue to reflect a small-town, suspicious and hostile attitude toward the very investors whose perseverance and treasure produced for Alaska and her citizens a 50-year age of prosperity?

Tomorrow we’ll know.  Today will be history.


Responses to above commentary:

  • Dave,
     
    My comments from the other side of Pacific (i.e. one of our Australian readers.  -dh).
     
    From a country which is normally considered more collectivist than the U.S. I find the implicit belief of the “high taxers” (including Commisar Palin) to be surprising, but like all socialists everywhere, they believe: "the economy just happens and all of its output belongs to the State other than the bit we chose to leave to you.”    A "Yes" vote will kill the Alaska LNG Project - perhaps forever (though the Producers will be too polite to say so) - and that’s a $50B project!
     
    Cheers,
    N.
  • Our email alert drawing attention to this commentary was entitled: "This Primary Election Day Will Change Alaska's History".  Our first response came from highly respected Alaskan leader, A.G.C., who replied, "Hopefully for the better, but I doubt it."
  • Dave, really good job on the editorial today.  I think you have fairly depicted either outcome, which I fervently hope is a no vote. Looking forward to seeing what you write tomorrow…  -N
  • Thanks, Dave; I voted on Saturday.  -K.E.
  • Looking at the Vote Yes on One Campaign I see the same tunnel vision that I experience on the highways every day. A driver only looks forward in the lane he occupies and comes up behind another driver, tailgating, thinking this will make the trip faster. When this doesn’t happen the driver swerves into another lane without looking to both sides and rear to see what danger may lurk. Many accidents and near accidents occur because of this behavior.  Voting Yes is exactly the same where the voter only looks at the immediate rewards and not the risks and damage to others their actions may bring. The trickle-down effect from discouraging investors will be a severe blow to Alaska’s future.

I urge all Alaskans to Vote NO on One to keep the Alaska economy moving forward now and in the future.

Ken Bauer, Operations & Sales Manager

Spill Shield Inc.

2000 W International Airport Road, D-2

Anchorage, Alaska  99502


 

 

 

 

 

Categories:

8-14-13 Yes, Russian Eyes Are On Canada, Alaska and the Lower 48

14 August 2014 2:01am

Commentary: We can't help wondering about wandering Russian eyes, now turned more than ever toward the Arctic, shared by Canada and U.S., among others.  With more incursions of Russian bombers into our airspace, with Russian aggression and energy blackmail occuring in Ukraine, with Russian interest in Exxon's Point Tompson Field, with increasing Russian involvement in North American energy projects, and, now, with Russia lobbying against exports to Europe, we wonder -- as do our good readers -- at how entangling energy alliances involving Russia will affect Alaskan and Canadian energy colleagues.   

So what is our purpose?  Our purpose today is to remind ourselves to be ever alert, "lest we forget" the chilling days of the cold war.  We cannot afford to ignore movements of the Russian bear in this direction, due to his proclivity toward hostility and not peace--particularly when U.S. leadership is more inclined toward diplomatic appeasement than serving as freedom's guardian.    -dh


   
Spyglass sells assets, cuts dividend by a third
Calgary Herald, By Dan Healing.   Spyglass Resources says second quarter output continued to be reduced by pipeline leaks ... formed in a three-way merger last year of Calgary juniors Pace Oil and Gas ...
 
Categories:

8-8-14

07 August 2014 10:04pm

See Our Commentary On Federal Government Comment Periods Now Underway


Calgary Herald by Dan Healing.  Pengrowth Energy Corp. will deliver output from its Lindbergh thermal oilsands project starting next year on a pipeline operated by heavy oil rival Husky Energy Inc., it reported Thursday after markets closed.


Tim Bradner, Nikiski, Land Acquisition, LNG, Alaska, Dave Harbour PhotoHomer News by Tim Bradner (NGP Photo, Nikiski, Circa 2002).  The Alaska LNG Project LLC has purchased 120.4 acres from private landowners for a large liquefied natural gas plant at Nikiski, has an additional 97 acres under contract for purchase and also is working with the Kenai Peninsula Borough on conveyance of 29.9 areas....


Is the Federal Government Destroying America's Economy?

What do federal comment periods have to do with this question?

by

Dave Harbour

We arrived at a difficult conclusion many months ago.

Any child could see that the rising level of federal government lies, hypocracyattacks on economic enterprises and willing participation in the Enviro-Industrial-Governmental Cabal could only reflect the most stupid and clueless leadership in the history of the world or, a carefully designed program to destroy the United States -- as we know and love it -- from within.  

It's not about energy, carbon emission, NPR-A, ANWR, Pebble Mine, health care, EPA/NSA/IRS overreach, etc., we concluded.  It's not about any of these issues.  Normal, free citizens need to understand: it's about the accumulation of power.  As the Administration's power increases, so do constituencies supporting the Administration: paycheck dependent bureaucrats and government program beneficiaries.  As free enterprise projects are blocked, delayed and diminished, the resources, political and voting power of wealth creators is diminished.

There is no big secret here.  The Administration and its spokesmen over time have been very clear about an agenda to, "fundamentally transform the United States of America."

...from Saul Alinsky's, "Rules for Radicals" comes this nihilist philosophy studied by Hillary Clinton and Barack Obama:

 “The man of action views the issue of means and ends in pragmatic and strategic terms.

In other words, Alinsky’s radical is not going to worry about the legality or morality of his actions, only their practical effects. 

If they advance the cause they are justified. “He asks of ends only whether they are achievable and worth the cost; of means, only whether they will work.”


Dostoevsky famously wrote that, “if God does not 
exist then everything is permitted.”  p. 38


Energy and other natural resource investors an employees need to read and understand what is going on:

Barack Obama's Rules for Revolution: The Alinsky Model, By David Horowitz 
2009, and

The Shadow Party and the Shadow Government: George Soros And The Effort To Radically Change America, by By David Horowitz and John Perazzo
2011, and

Discovering the Networks

Since the President and the socialist and anarchist mentors (12, 3, 4, 5) upon whom he relies are not stupid, we are left with the sole conclusion that regulatory assaults like the ones noted here are intended.  

Citizens, at this point, have few options but to aggressively participate in the public comment period of these issues.  Little to no opposing comment of these proposed government actions gives future courts no choice but to say, "Well, the preponderance of comment supported the Administration proposal and we are not inclined to substitute our judgment for that of a regulatory agency which has abided by its notice requirements."  

Chances are, as in the case of the National Petroleum Reserve Alaska, the Administration will go on and promulgate the rules it wished to enact, anyway.  

But it would be helpful to future litigation were this Administration to promulgate unpopular rules that had been opposed by a strong constituency throughout the various comment periods.  

Please read and Act On This US Chamber Warning that could be a death knell to economic recovery, a "climate change" issue earlier articulated by the President -- and this Resource Development Council For Alaska Warning that a precedent of preemptive project blocking could threaten all municipal, state and private projects on public and private lands!

Regarding the latter: preemptive action against project planning gives America the 'rule-of-law' status of a banana republic whose leaders would be empowered to make decisions without providing citizens with their constitutional rights of due process.  By this action, citizens would be denied the right to petition their government and receive a fair hearing leading to a just decision.

This situation is both treacherous and heartbreaking.  But the handwriting is on the wall and it is reality.   

While we're at it, faithful NGP readers should also be heard on the Feds' comment period regarding an upcoming five-year Outer Continental Shelf leasing plan.  Consumer Energy Alliance provides this helpful portal.  -dh

The most dangerous position a person or company can now take is to deny the highly coordinated assault which is upon us and, therefore, refuse to participate, prepare and defend.    

 


US Chamber Warning OF EPA Attack On American Economy!

The Environmental Protection Agency (EPA) held a series of hearings last week on its controversial effort to impose sweeping new regulations on carbon emissions. This unprecedented wave of regulations on affordable energy will result in higher electricity bills, fewer jobs, and slower economic growth. 

If you weren’t one of the 1,600 people who attended one of the hearings held in Atlanta, Denver, Pittsburgh, or Washington, D.C. last week, it’s critical that you still make your voice heard.

 

Think the EPA regulations won’t directly impact you? Think again. Here are a few things you need to know about the EPA’s massive regulatory overreach and attack on affordable energy:

  • By the EPA’s own estimates, the regulations will impose nationwide electricity cost increases by 6-7% and up to 12% in some locations.
  • Rising electricity costs will place America’s job creators at a disadvantage with foreign competitors,forcing more businesses and jobs to move overseas.
  • EPA projects annual compliance costs between $5.4 and $7.4 billion in 2020, rising up to $8.8 billion in 2030.
  • The regulations will decrease reliability in our energy supply and increase the potential for blackouts at times Americans rely on electricity the most.
  • The regulations will impose billions in costs on the U.S. economy and threaten thousands of jobs. And for what? Upon full implementation in 2030, global carbon emissions will only be reduced by a mere1.3% -- the equivalent of just 13.5 days of emissions from China.

Despite the magnitude, cost, and incredible complexity of the EPA’s proposal, the agency plans to finalize and implement the regulations on a rushed and arbitrary timeline after only four public hearings, limited review of the proposal, and a brief 120-day comment period. 

We can only stand up to the EPA’s job-killing regulations if we make our voices heard. 

It will only take a minute of your time. Will you add your name? 

Click here to weigh in with the EPA and demand additional public hearings, an extended comment period, comprehensive analysis by independent organizations, and additional time for states to review the proposal.

This is your chance to have a say in sweeping regulations that will impact entire communities, threaten our energy supply, increase electricity bills, and cost jobs and economic growth. 

We also encourage you to personalize the comments to tell the EPA how these regulations will directly impact you, your family, and your community. 

Thank you,


Rob Engstrom
SVP and National Political Director
U.S. Chamber of Commerce

 

 

U.S. Chamber of Commerce 1615 H Street, NW Washington DC 20062-2000
To learn more about our network, visit Friends of the U.S. Chamber of Commerce.
Unsubscribe

 

RDC Warning!

The Environmental Protection Agency (EPA) has released a Proposed Determination of the U.S. EPA Region 10 Pursuant to Section 404(c) of the Clean Water Act on the Pebble Deposit Area.  The document attempts to assess the effects of a potential mining project, without the project plans. 
 
The proposed determination is a flawed, conclusion-driven document, does not contain site-specific development and mitigation plans, and is based on a hypothetical project that is misleading and inaccurate.
 
RDC maintains that any project in Alaska should be vetted through existing permitting processes, and be properly evaluated through the National Environmental Policy Act.
 
Beyond projects in the Bristol Bay region, the EPA's actions set a dangerous precedent for any development project in Alaska, as well as across the nation.
 
Action requested:
RDC encourages its members to “save the date” for upcoming public hearings:  
 

August 12th 2:00 p.m. • Anchorage

 

Categories:

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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