Alaska House To Consider Only Budget Legislation Until Budget Is Passed, Re: Alaska Fiscal Crisis! ADN by Nathanial Herz.
"Hot Off The Press HERE": U.S. Sen. Lisa Murkowski, R-Alaska, today released a report prepared by the Congressional Research Service (CRS) raising key questions about President Obama’s proposal to levy a new $10-per-barrel tax on oil. * * * Also see this House Resources Committee statement, just released!
Having Chaired the Calgary O&G Symposium when the Alaska overland and Mackenzie Valley Pipeline projects were still under active development, we are once again pleased to announce our association with the Arctic O&G Symposium, Calgary, March 16-17. Here is your .pdf brochure fully describing the event. If our readers use this brochure to register, they will be able to take advantage of a 10% discount. -dh
U.S. Sen. Lisa Murkowski, (NGP Photo), today applauded the Department of Energy’s decision to renew authorization for liquefied natural gas (LNG) exports for Alaska’s Kenai LNG facility.
“I welcome the news of this important renewal. For nearly half a century, Alaska has exported liquefied natural gas to our friends and allies overseas. As projects get underway in the rest of the nation, and planning continues for an even larger project here in the State, we should remember that Kenai set the precedent for the historic build-out of export capability now underway in North America. Alaska led the way, Alaskans can now continue to lead the way, and all Alaskans should be proud.”
Murkowski, chairman of the Senate Energy and Natural Resources committee, warned in 2011 that the Kenai plant’s closure highlighted “the urgent need we face to find a way to commercialize our North Slope gas reserves,” and welcomed the reopening of the facility and its export authorization in 2014. She has also successfully pressed the Administration to move expeditiously in its approval process for the AK LNG project, a natural gas pipeline stretching from the North Slope to Southcentral Alaska.
U.S. Sen. Lisa Murkowski, R-Alaska, today released a report prepared by the Congressional Research Service (CRS) raising key questions about President Obama’s proposal to levy a new $10-per-barrel tax on oil.
“This report is only the beginning of the analytical work that my Committee staff will release as we review the administration’s budget proposal,” Murkowski said.
The report, commissioned by the majority staff of the Senate Energy and Natural Resources Committee, assesses the potential effects of the administration’s proposal and suggests impacts on gasoline prices, jobs, and the broader economy.
Among the key passages in the CRS report are the following:
“Analysts are likely to be concerned with the macroeconomic effects of the oil fee. These effects might include those on employment and jobs, economic growth, and inflation.”
“Since it is likely that the oil fee would be shifted forward by the oil companies, and since petroleum products enter into many products, consumers will likely see higher prices, not only directly for gasoline and other consumer products, but, in general, for many products to varying degrees.”
“In general, the fee would likely result in decreased discretionary consumer purchasing power which may translate into lower expected economic growth.”
Murkowski, chairman of the Senate Energy and Natural Resources Committee, noted that as indicated in the report by the White House National Economic Council, the $10-per-barrel oil tax “might result in a gasoline price increase of as much as $0.24 per gallon when fully implemented.” According to theEnergy Information Administration, the average U.S. price for regular gasoline is $1.76 per gallon. A $0.24 cent increase would be result in a 14 percent increase in gas prices.
Full text of the CRS report is available on the Senate Energy and Natural Resources website.
Bishop: President’s Budget Stubs Out Hardworking Americans
Washington, D.C. – Today, the Obama Administration released its budget proposal for the 2017 fiscal year. Chairman Bishop (R-UT) issued the following statement:
“To defend this budget would require spin with dexterity that only a Las Vegas contortionist can accomplish,” Bishop said.
“President Obama stubs out the last bit of leverage the country has from our recent energy renaissance and told low-income American families to foot the bill on this budget. Levying this tax on affordable energy is a fantasy for President Obama and his pathetic and tiresome attempt to build a legacy with the far left. As he seeks to eliminate opportunities for American citizens with his $10-a-barrel scheme, we lose our competitive edge and are forced to rely upon countries like Iran to meet our energy needs.”
On Federal Land Management:
“This is a missed opportunity for strong stewardship of the land and taxpayer dollars. I expected more from Secretary Jewell’s department. She deserves better material to give Congress than what has been provided to her by the department. Her staff let her down.”
On Lack of Creativity:
“We need creative solutions to sustain and expand a strong and affordable domestic energy portfolio. We need innovative ideas to solve catastrophic wildfires destroying millions of acres of federal forests and severe droughts across the West—not more campaign slogans and regulatory red tape. Our resources present an opportunity for economic growth and energy independence, but the Administration would rather send those jobs overseas and further tax the American people.”
“The only comfort in the president’s budget is knowing it will be his last.”
Thanks to the good work of Timothy Hess and Tyler Hodge of EIA, we have this, "Short-Term Energy Outlook"
February 9, 2016 Release
· North Sea Brent crude oil prices averaged $31/barrel (b) in January, a $7/b decrease from December and the lowest monthly average price since December 2003. Brent crude oil prices averaged $52/b in 2015, down $47/b from the average in 2014. Growth in global liquids inventories, which averaged 1.8 million barrels per day (b/d) in 2015, continues to put downward pressure on Brent prices.
· Brent crude oil prices are forecast to average $38/b in 2016 and $50/b in 2017. Forecast West Texas Intermediate (WTI) crude oil prices are expected to average the same as Brent in both years. However, the current values of futures and options contracts continue to suggest high uncertainty in the price outlook. For example, EIA’s forecast for the average WTI price in May 2016 of $36/b should be considered in the context of recent Nymex contract values for May 2016 delivery suggesting that the market expects WTI prices to range from $21/b to $58/b (at the 95% confidence interval).
· The U.S. retail regular gasoline price is forecast to average $1.98/gallon (gal) in 2016 and $2.21/gal in 2017, compared with $2.43/gal in 2015. In January, the average retail regular gasoline price was $1.95/gal, a decrease of 9 cents/gal from December and the first time monthly gasoline prices averaged below $2/gal since March 2009. EIA expects the monthly average retail price of U.S. regular gasoline to reach a seven-year low of $1.82/gal in February 2016, before rising during the spring.
· U.S. crude oil production averaged an estimated 9.4 million b/d in 2015, and it is forecast to average 8.7 million b/d in 2016 and 8.5 million b/d in 2017. EIA estimates that crude oil production in January was 70,000 b/d below the December level, which was 9.2 million b/d.
· Natural gas working inventories were 2,934 billion cubic feet (Bcf) on January 29, 20% higher than during the same week last year and 18% higher than the previous five-year average (2011-15) for that week. EIA forecasts that inventories will end the winter heating season (March 31) at 2,096 Bcf, which would be 41% above the level at the same time last year.Henry Hub spot prices are forecast to average $2.64/million British thermal units (MMBtu) in 2016 and $3.22/MMBtu in 2017, compared with an average of $2.63/MMBtu in 2015.
phone (202) 586-0442
For over four decades I never knew you to be other than dedicated to reasonable but robust resource development, consistent with the theme of Alaska's Constitution and the Statehood Act.
I will always treasure your wisdom, Chuck, your friendship, honesty and tireless dedication to the Great Land. -dh
Charles C. Hawley
On January 14, 2016, Alaska lost a great. Charles (Chuck) C. Hawley was a loving husband, father, geologist, musician, pilot, historian, teacher, author, and, for decades, leader of Alaskan policy and development.
Chuck was born in Evansville, Indiana to William McKinley Hawley, a Presbyterian minister, and Evelyn Barnes nee Caldwell, a dedicated minister's wife and accomplished artist. He enjoyed football in high school and college, but the trumpet would be a lifelong love, second only to Jenny Lind, whom Chuck met while studying geology at Hanover College in Indiana. The two married in 1951. They had three sons - David, Ted, and Andrew, and alas (for Jenny), no daughters.
Chuck began his geology career with the US Geological Survey in Colorado where he worked on Uranium exploration and geophysical support for the Nevada Test Site. After completing his PhD in economic geology at the University of Colorado Boulder, he won an assignment to the USGS Heavy Metals program in Alaska in 1966 where the family spent the next two field seasons. By 1969, he had fallen for the North; and left the USGS to make the move to Anchorage. There, he and his family built their home and Chuck began his first mineral exploration business.
Geology may have been his calling, but for Chuck, geology was always more than rock science. Over the next 45 years, Chuck became familiar with not only nearly every mineral prospect but nearly every prospector or miner in Alaska. He made life long friends in towns and villages across the state. His business concerns never came at the expense of others, and he and Jenny worked with state, federal, and native communities to ground the designation of lands for development or preservation in Alaska's geological and societal realities, playing a pivotal role in the implementation of the Alaska Native Claims Settlement Act.
Never slowing, Chuck resurrected the Alaska Miners Association as a volunteer and, in the eighties, formed the Coronado Mining Company, which operated Independence / Willow Creek mines and brought the Golden Zone Mine from a neglected property to a pre-development project. Only in 2014 did Parkinson's disease force Chuck to "retire". That same year, he published his second book, A Kennecott Story, which earned him the Alaska Historical Society's award for Historian of the Year in 2015. Parkinson's would eventually take his life at his home with Chuck comforted by his family and faith.
Amidst his wide-ranging accomplishments, Chuck will be remembered for his ability to see and, more importantly, bring out the best in people. He gave chances to many whom others overlooked and and they were endlessly rewarded. Experienced miners and cooks were recruited from Anchorage dives, inexperienced school students got first jobs, both natives and hippie bush exiles as well as experienced geologists were employed. Children and adults alike will remember him for his ability to explain difficult concepts - from science, to politics, to religion, to music theory. His legacy lives on through the hundreds of young men and women he mentored and made into extended family, Charles Caldwell Hawley was a true Alaskan legend.
He is survived by his two siblings, Frances Sims (of Arkansas) and John Hawley (of New Mexico), his wife Jenny and their three sons, and numerous grandchildren and great-grandchildren.
Yesterday was Robert Dillon's (NGP Photo) last day of service to Senator Lisa Murkowski's Senate Energy Committee. He was thoughtful enough to share his news with regular correspondents and we pass it on, here, for some of you who know Robert well and wish to remain in touch with him. (Other Murkowski staff changes noted here at APM.) -dh
WASHINGTON, D.C.–In the Weekly Republican Address, Sen. Lisa Murkowski (NGP Photo), Chairman of the Senate Committee on Energy and Natural Resources, discusses the Energy Policy Modernization Act, the first broad bipartisan energy legislation to be considered by the Senate since 2007.
This bill ‘will help America produce more energy,’ Senator Murkowski says, ‘It will help Americans pay less for energy. And it will firmly establish America as a global energy superpower.’The Weekly Republican Address is available in both audio and video format and is embargoed until 6:00 a.m. ET, Saturday, January 23. The audio of the address is available here, the video will beavailable here and you may download the addresshere. A full transcript of the address follows:
“Hi, I’m Lisa Murkowski.
“I’m proud to represent the great state of Alaska in the U.S. Senate, where I serve as Chairman of the Energy and Natural Resources Committee.
“And I’m pleased that just days from now, the Senate will consider broad energy legislation.
“Following the passage of a highway bill, education reform, and many others, the energy bill promises to be our next bipartisan accomplishment on behalf of the American people.
“It will also be the first major energy legislation considered on the Senate floor since 2007.
“It’s been over eight years, folks.
“Back then, we were living in an era of energy scarcity, with many afraid that America was running out of resources.
“But since then, an energy revolution has occurred in our country.
“Newer technologies have allowed oil and natural gas production to soar on state and private lands, creating hundreds of thousands of jobs.
“On top of that, the cost of many other technologies – from solar panels to batteries for electric vehicles – has declined dramatically.
“Unfortunately, the passage of time has also brought new challenges.
“Our infrastructure continues to age.
“Access restrictions, permitting delays, and other bureaucratic hurdles are sapping the competitiveness of our energy sector.
“And President Obama has ignored the good work going on in Congress as he attempts to unilaterally recast our nation’s energy policy.
“His gauntlet of burdensome regulations, many just beginning to take effect, threatens the affordability and reliability of our energy.
“His policies are shutting down energy-rich states like Alaska.
“He rejected the Keystone XL pipeline on political grounds.
“And then his administration imposed a moratorium on federal coal leasing.
“Decisions like those cost us jobs. They weaken our growth. And they strengthen some of the world’s worst actors, at the expense of hard-working Americans.
“There is a better path for our energy policy. And under Republican leadership, Congress is taking it.
“While the President lifted sanctions on Iran, letting the regime sell its oil into global markets, we ensured American producers can do the same by repealing an outdated export ban that applied to the United States.
“Instead of standing in the way of new infrastructure, members of both parties have supported it.
“And instead of relying on burdensome mandates and regulations, many of us have chosen to promote innovation.
“But our work is hardly finished. In order to truly protect our nation, we must do more to update our energy policies.
“That’s why I worked with my colleagues on the Energy Committee to develop a broad, bipartisan bill.
“It will help America produce more energy. It will help Americans pay less for energy. And it will firmly establish America as a global energy superpower.
“We agreed to expedite liquefied natural gas exports to boost our economy and the security of our allies.
“We agreed to bolster our mineral security so that we don’t have to rely on foreign countries for the raw materials needed for everything from smart phones to military assets.
“We agreed to promote hydropower – not to mention geothermal and other clean, renewable resources.
“We focused on innovation and efficiency – both of which lead us to a brighter energy future.
“We started to tackle permitting reform.
“And we agreed to increase government accountability, and took steps to prevent another Solyndra.
“We did this by working together. And our bill – the Energy Policy Modernization Act – passed our committee with strong bipartisan support.
“It is our latest contribution to a better energy policy for the United States. It is our latest effort to restore regular order. And it will be on the floor, on the Senate floor, starting this week.
“Thank you for listening.”
Juneau Empire by James Brooks. The state’s budget crisis...
Here is our position on what adults owe the coming generations.
We mention it here, because all policies of oil producing U.S. States and Canadian Provinces revolve around energy production and consumption.
...and, because we detest intergenerational enequity! -dh
... isn’t a laughing matter, but a new group is trying to inject a little humor into the issue. For Our Alaska, which launched a Kickstarter fundraiser Monday, the goal is to reach younger Alaskans who might not initially care about arcane financial matters in Juneau.
The group is hoping to raise $10,000 to produce videos and a “Budget Balancing Game” to be distributed across the state. The project can be seen online at https://www.kickstarter.com/projects/ouralaska/funding-alaska
Juneau Empire by Elizabeth Earl. With the annual lease sale approaching and the Alaska LNG Project proposed to enter Cook Inlet, some groups are asking what oil and gas development may do to beluga whale habitat in the inlet.
|Today, our Washington / Alaska friend, Joe Balash (NGP Photo) posted this very current Supreme Court report on his personal FB page, for which we are grateful: "Joe Balash. I didn't make it in until half way through the arguments .... the feedback I received, though, was that Matt Findley did a great job. Nearly the entire time was spent on the word "solely". When the NPS lawyer stepped up, it was pretty brutal. I think it is pretty clear that the court will strike the 9th Circuit's reasoning but it is unclear whether they will recognize any of the other arguments offered."|
The U.S. Supreme Court is hearing a case Wednesday questioning whether the federal government has authority over navigable waters in Alaska's national parks -- a case brought by a moose hunter barred from using his hovercraft by the National Park Service.
The case is largely specific to Alaska, where the moose hunter in question -- John Sturgeon (NGP Photo) -- argues that a provision the 1980 Alaska National Interest Lands Conservation Act gives authority to the state to set the rules for waters in national parks.
Sturgeon used his hovercraft on annual moose hunts in the Yukon-Charley Rivers National Preserve for more than 15 years before he was stopped by three National Park Service employees in 2007 and told ....
At one time (circa. 2001), we wrote this about Tussing:
Educator, author, lecturer & consultant: Arlon R. Tussing, PhD. is an economic and policy analyst in the fields of energy, public utilities, the environment, natural resources, national and regional economic development, and corporate and government finance. You will see from his extensive bibliography that he is a prolific economic advisor, whose counsel--it may be easily presumed--has significantly affected history. Click here for the bibliography, which we asked him to prepare for our original Northern Gas Pipelines website. Send Northern Gas Pipelines a request here, for his resume and several important papers on northern gas pipeline issues.
Our friend, former Alaska Attorney General Wilson Condon Passes: Anchorage Daily Planet. NGP Photo.
Wilson and I became closely acquainted during his service with the Hammond administration. In subsequent years, as he served in the Knowles and Murkowski administrations we had additional reason to confer an a number of gas pipeline policy matters as well as oil and gas tax, royalty and regulatory issues.
He was an accomplished Alaska attorney. He was a gentleman, a kind man, and an objective, fair-minded professional. Here is the Family obituary:
Wilson L. Condon, 76, former Alaska attorney general and Department of Revenue commissioner, died on Sunday, Dec. 27, 2015, at the Anchorage Pioneer Home.
In public and private practice, Condon was closely involved in the most important oil and gas issues facing Alaska over the past 35 years.
His central legal achievement was leading the Amerada Hess royalty litigation against oil and gas producers. Facing determined legal and political opposition, Condon helped win $1 billion for the state and set the rules for Alaska to get a fair share for its royalty oil.
Personally, Condon may have been most proud of coaching the 1968 Stanford University crew team to victory. He died after several years battling the effects of Lewy Body Dementia.
A celebration of life will be held at 4:30 p.m. on Wednesday, Jan. 13, 2016, at the Egan Convention Center. Attendees are encouraged to honor Wilson's flare for the cravat by donning their favorite ties.
After working from 1971 to 1980 as an assistant attorney general and then deputy attorney general for the Department of Law, Condon was named attorney general by Gov. Jay Hammond, serving in that position from 1980 to 1982.
He was Department of Revenue commissioner under Gov. Tony Knowles from 1995 to 2002, and then continued his public service under Gov. Frank Murkowski, heading the oil and gas section at the Department of Law from 2003 to 2005.
In between the departments of Law and Revenue, he was a partner in Anchorage law firms where he led the state's complex royalty litigation against North Slope oil and gas producers. Alaska had accused the companies of underpaying royalties to the state. The case settled after more than 15 years of legal battles, with the last settlement agreement signed in 1995.
Condon was born on Sept. 28, 1939, in Livingston, Mont., just north of Yellowstone National Park, where his father worked for the National Park Service.
He graduated from Phillips Exeter Academy in New Hampshire, and in 1963, earned a bachelor's degree in political science from Stanford University in Palo Alto, Calif. He went on to receive his law degree from Stanford in 1971.
In between degrees, he served as assistant director of student financial aid at Stanford from 1965 to 1968. Condon was a founding member of the Stanford Environmental Law Society. While there, he served as a member of the Stanford University Crew Board and coached Stanford's freshman and varsity crews from 1961 to 1970.
Condon served as chairman for the Alaska Governor's Commission on the Administration of Justice from 1980 to 1982, was on the Governor's Alaska Gas Pipeline Task Force from 1980 to 1981, was a member of the Alaska Code Revision Commission from 1983 to 1991, served on the board of trustees of the Alaska Permanent Fund Corp. from 1980 to 1982 and also from 1995 to 2002, and served on multiple state boards and commissions during his tenure at the Department of Revenue.
After leaving state service, he worked at the Anchorage office of K&L Gates from 2005 to 2011, continuing to assist with oil and gas cases on behalf of the state.
Condon is survived by his wife of 41 years, M. Susan, of Anchorage, Alaska. The couple lived in Juneau and Anchorage during his tenure with the state. He is also survived by his sister, Marianne (Dennis) Donnelly of Pocatello, Idaho. He was preceded in death by his father, David and mother, Lorna.
Wilson Condon was a longtime supporter of several nonprofit organizations in Alaska, including the Anchorage Youth Court, KSKA public radio, United Way and the Gastineau Humane Society (animal shelter) of Juneau, Alaska.
In lieu of flowers, friends are invited to make donations to the Anchorage Youth Court, PO Box 100359, Anchorage, AK 99510 (http://www.anchorageyouthcourt.org/donate.html), or Phillips Exeter Academy, 20 Main St., Exeter, NH 03833-2460 (https://secureportal.exeter.edu/supportexeter/makeagift/Pages/MakeAGiftO...). Arrangements are with Janssen's Evergreen Memorial Chapel. - See more at: http://www.legacy.com/obituaries/adn/obituary.aspx?n=wilson-condon&pid=1...
Commentary by Dave Harbour
Calgary Herald. The province faces strong opposition to its climate change (i.e. Alberta) plan — fuelled by distaste for the carbon tax — according to a new poll that also suggests many Albertans doubt the NDP’s claim the plan will lead to pipeline approvals.
News-Miner opinion: The Alaska Gasline Development Corporation board of directors’ vote to push forward with work on the Alaska LNG pipeline project is a good sign, giving hope that the state’s current oil slump may one day be eased by natural gas production.
"India is here to ensure that rich countries pay back their debt for overdraft that they have drawn on the carbon space," Indian Environment Minister Prakash Javadekar said. (AP by Karl Ritter and Angela Carlton. We note that as in other affairs of state, it is always wise to look beyond the rhetoric and "follow the money" to determine true, political motivations. -dh)
Our further commentary: President Obama proclaims that "Climate Change" poses an, "immediate risk to national security", thus shifting emphasis away from immediate terrorism threats.
Meanwhile, Islamic warriors continue to kill Americans and threaten the future of the country and its way of life.
Our founders and two centuries of our ancestor-defenders like Col. Dave Harbour created and then protected our freedom and prosperity.
Would our ancestors not grieve that a continuing lack of resolve by this generation to decisively protect freedom can only result in its loss for future generations? -dh