1-23-12

Frank Reed, Muktuk Marston, Bob Atwood, Atwood Mansion, by Dave Harbour, Past Chamber Chairmen Picnic 2008Point of Personal Privilege.  We mourn the loss and celebrate the life of our friend, mentor and sometimes protégé Frank Reed (NGP Photo).  More coming later today....  -dh

ADN by Flip Todd.  Frank Metcalf Reed, 99, who arrived as a babe-in-arms on the banks of Ship Creek in 1915, died Sunday, Jan. 22, at Providence Hospital after a sudden bout of pneumonia. He had probably lived in Anchorage longer than anyone, even serving his World War II enlistment as a naval liaison officer helping young seamen transiting the town on what is today Elmendorf Air Force Base.Mike Chenault, Alaska Speaker of the House, ACES, AGDC

ADN Op-Ed by Representatives Mike Chenault and Mike Hawker (NGP Photos-r).  We applaud Gov. Parnell for recognizing the potential for an Alaska gas pipeline project unlike any we have seen on the table, a hybrid of multiple plans committed Alaskans have worked on for many years. We believe this alignment -- of stakeholders, of goals, of work done to date -- is the elusive answer to Alaska gas.

We also commend the governor for acknowledging theMike Hawker, AGDC, ASAP, Alaska House of Representatives tremendous value AGDC brings to this new, aligned process. Since the Legislature created AGDC almost two years ago, the organization has doggedly advanced an in-state line, delivering high-caliber work and meeting milestones laid out in a transparent, statutory framework. The momentum is strong.
 
National Journal: Denial Huge Blow to American Workers **Comment by David Holt**
While not entirely a surprise, the President’s decision to not approve the Keystone XL pipeline, a project that has the potential to create 20,000 immediate jobs and to deliver 700,000 barrels of oil per day to US markets, is extremely disappointing. But more than that, it’s a huge blow to American workers who were looking forward to, and even desperate for, the jobs that the project would provide.
 
Continued high oil prices are expected to boost fourth-quarter earnings of ExxonMobil Corp., Chevron Corp. and ConocoPhillips. However, profits of the three-largest U.S. oil companies by market value will be capped by sluggish results from their refining arms and depressed prices for natural gas. The three oil giants will post billions more in profits than they did in the fourth quarter of 2010, thanks to higher oil prices.
 
Wall Street Journal: Oil Fields Gushing in the U.S.
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