May 3 Deadline: Please Give Your OCS Opinion, here, After Reading This NARUC Report
Alaska Standard by Dan Dickinson (NGP Photo). Is a gas pipeline economic? First if investors think that commodity prices in the future won’t cover the tariff – and at today’s prices and estimated tariffs they certainly won’t – there will be no gas line. Moreover, if investors suspect that the State has no other new sources of revenue they will be equally reluctant to invest in a gas line. Unknown future taxes on a potential gasline can be as troubling as low forecasted natural gas prices in making a project uneconomic. A “contract” or legislative offer of fiscal stability which fixes taxes for some period have proven to be hard sells in this state politically. And even if we could all come to an agreement, it may not be enough. In 2008, as energy prices climbed Dr. David Wood noted ….
Homer Tribune by Naomi Klouda. A long-awaited, often-touted natural gas pipeline from Anchor Point to Homer may finally come to fruition thanks to the Alaska Legislature’s recent passing of $4.8 million in appropriated funding for the plan. The project has to first survive Gov. Sean Parnell’s veto pen. Rep. Paul Seaton estimates it to be the biggest economic stimulus project for the lower Kenai Peninsula, which also includes a pressure-reducing station at Anchor Point. Once built, Enstar would be able to sell natural gas to Homer and Anchor Point consumers.
Calgary Herald by Dina O’Meara. … The new millennium proved to be the perfect timing for a change — in leadership and direction — both provided by Hal Kvisle, who after almost a decade at the helm, is retiring in June. Appointed chief executive in 2001, two years after being recruited from Fletcher Challenge Energy, Kvisle oversaw TransCanada’s successful transition into a diversified pipeline and power producing company. … Q: When you speak about things you wanted to see accomplished before handing over the reins, you mentioned Keystone, Bruce Power and Alaska. But you didn’t mention the Mackenzie pipeline project, which would bring Arctic natural gas down through the Northwest Territories into Alberta. Why is that?
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