- National Post. A panel that studied the environmental and social impact of a US$16.2-billion Canadian Arctic gas pipeline is rebuking Ottawa's efforts to reject many of its recommendations in a dispute that is delaying the line's regulatory decision. In a lengthy letter to Environment Minister Jim Prentice's office, Robert Hornal, chairman of the Mackenzie gas project's joint review panel, said the 176 recommendations in his panel's key report must be preserved ....
- AP by Dan Joling. Alaska gubernatorial candidates answered questions for Anchorage high school students Monday that ranged from Arctic Ocean offshore drilling to their favorite Disney character. Students gathered at West High for the League of Women Voters Youth Vote gubernatorial debate also heard the candidates' views on gay marriage, the proposed Pebble Mine and a proposed natural gas pipeline.
- ADN editorial supports Fire Island wind project. Fire Island, just off the western tip of Anchorage in Cook Inlet, is home to a steady supply of wind, most from the southwest and north. Cook Inlet Region Inc. is clearing land and negotiating with Railbelt utilities with an aim to make electricity from that wind and sell it at competitive prices by 2012. (See yesterday's Op-ed, below, by CIRI President and CEO Margie Brown.
Here is a report on last week's successful ENERGY DAY in the Capitol!
Parnell Supports Oil Tax Relief - Nebraska Senator Opposes TransCanada Project - American Enviros Attack Oil Sands - CIRI Promotes Wind Project -
Alaska Dispatch, by Patti Epler. Alaska Gov. Sean Parnell (NGP Photo-R-appearing with Attorney General Dan Sullivan-L) now says he supports a major revamp of the state's oil tax structure to make Alaska more competitive when it comes to oil industry investment. The governor had been a staunch supporter of ACES -- Alaska's Clear and Equitable Share -- which was put in place in 2007 by then-Gov. Sarah Palin and a nearly unanimous Legislature. The tax structure has base rate of 25 percent on the net value of oil and also has a "progressivity" factor that shifts an even bigger percentage to the state when oil prices rise. Critics, including the North Slope oil producers and some economists, say the tax structure is inhibiting more investment in Alaska at a time when oil production is slowing because it effectively takes away the companies' ability to make large profits as an oil field ages. Supporters, including legislative Democrats, say ACES has generated billions of dollars for the state in the last couple years while oil companies are continuing to make record profits. In recent weeks at various public forums, Parnell has suggested he would be willing to re-visit ACES, which is a popular theme among numerous candidates for the Legislature this year. On Friday, Parnell was the featured speaker at the Resource Development Council lunch and used the forum to unveil details on his ideas for trying to boost more oil development in Alaska, which the state depends on for revenue and jobs. ... He also sounded optimistic about the gas pipeline from the North Slope to Canada as well as a line to Valdez for possible exports of LNG. (See more event photos here. See video and .pdf of Governor Parnell's comments here.) ... Houston Chronicle, by Becky Bohrer. Gov. Sean Parnell said Friday that the state is working to settle a legal dispute over leases that could be critical to the advancement of a major natural gas pipeline in Alaska. Parnell declined to get into specifics but said he's "increasingly optimistic" that litigation over the North Slope's Point Thomson gas fields can be resolved out of court. The yearslong dispute stems from the state's yanking of leases that it believes oil and gas companies sat on for too long without developing. ... David Eglinton, a spokesman for Exxon Mobil Corp., the Point Thomson unit operator, confirmed the Irving, Texas-based company is working with the state to resolve "outstanding issues, but more work still needs to be done."
Steve Porter Blog (NGP Photo): The only way it makes sense for the state to build the (gas) pipeline is if Trans-Canada’s open season failed. Denali’s open season would also have to have failed as well. That means that the shippers of the gas believe the project to Valdez and the project through Canada are both uneconomic. Based on this assumption let's look at the state owned and funded all-Alaska project.
Calgary Herald. Pressure against TransCanada Corp.’s Keystone XL pipeline mounted this week in Nebraska with farmer advocates joining congressional representatives in opposition to the bitumen line. In a letter released late Thursday Nebraska Senator Mike Johanns asked Secretary of State Hillary Clinton to reassess the routing of Keystone XL through his state.
ADN Commentary by Margie Brown (NGP Photo), CIRI President & CEO. I urge Southcentral Alaskans to support Fire Island wind and other local solutions to the Railbelt's looming energy crisis. And in the meantime, when the mayor asks you to turn down the heat and turn off the lights, you should probably listen.
First Alaskans by Tim Bradner. Sean Parnell (NGP Photo) is calm, cautious, steady-as-you-go, and his policies as Alaska's sitting governor are just that, and just like him. ... Parnell's cautious style immediately offered Alaskans sharp contrasts with Palin – it was a relief to many – but Parnell did feel obliged to carry on with several of Palin's controversial resource development policies, like with the natural gas pipeline and oil taxes.
Financial Post, by Vivian Krause. Like most protests, the one against oil tankers has all the look and feel of a Canadian grassroots movement. The campaign against Alberta’s oil sands also seems to rise out of the people, but the interesting thing is that there are very few roots under that grass. Money comes in from a small core of U.S. charitable groups. One of those groups — the U.S. Tides Foundation of California and its Canadian counterpart have paid millions to at least 36 campaign organizations.
Governor Sean Parnell (Center) with
RDC Staff, L-R: Jason Brune, Deantha Crockett,
Marleanna Hall, Carl Portman
Paula Easley and Mary Ann Pease
Governor Sean Parnell
And Senate Candidate
Governor Sean Parnell and
Attorney General Dan Sullivan
Tom Maloney with
Governor Sean Parnell
Sympatica. The independent panel that reviewed the proposed Mackenzie Valley natural gas pipeline has blasted the federal and N.W.T. governments for rejecting many of its recommendations.
CBC. DNA found on a mocking and anonymous April letter might provide the key to identifying a pipeline bomber in northeastern B.C., police say. There have been six bombings in the Dawson Creek area since October 2008, all aimed at Encana Corp. wellheads or pipelines.
Chevron To Exit Cook Inlet - Dripping Oil Asks, "Will Denali Move Forward?" - Mackenzie Pipeline Dissention Continues
Dan Fauske's (NGP Photo-below) 10-14-10 Presentation to Alliance Re: Status of In-state Gas Pipeline
ADN by Elizabeth Bluemink. Chevron said the company will offer for sale its interest in several offshore and land-based oil and gas fields, 10 offshore rigs and two gas tank farms. The company also plans to sell its interest in the companies that operate two regional pipelines. John Zager (NGP Photo), the company's Alaska general manager, said Chevron will continue to focus on safe, reliable operations while it searches for a buyer who will "further develop (the assets') potential."
Tacoma News Tribune. Question of Alaska Congressman Don Young (NGP Photo): "9. What is your position on the federal loan guarantees for an Alaska natural gas pipeline? • Increase them • Maintain them as they are • Decrease them • Eliminate them Why? What specifically would you do to carry out your position if elected?
Dripping Oil Blog. A recent article in the Financial Times of London where Conoco's (NYSE:COP)chief executive officer Jim Mulva said the company may have to "reaccess" the Denali pipeline it is proposing to develop with partner BP (NYSE:BP). The comment was based upon the enormous amount of natural gasreserves in the lower 48 states, which Conoco spokesman John McLemore commented on saying: "Clearly, shale gas (in the Lower 48) has changed the dynamics of natural gas in North America." ... Mulva did say after his comments to FT that natural gas still remains an "attractive" investment for the company, although it seems he's starting to think longer term than he was in the past. ... It sounds like in the shorter term things aren't looking nearly as good because of the huge supply for the pipeline, and it'll be interesting to see if that affects the timing of starting the pipeline, if it gets built at all by Conoco and BP. Another factor is a competing proposal from Exxon Mobil (NYSE:XOM) and TransCanada to built a pipeline serving the same region.
Salazar Removes GOM Moratorium: Alaskans Still Out In the Cold - Begich Opposes Energy Tax - Alaska Senate and House Energy Committees Consider Coal-to-Liquids
Today, the State Senate Special Committee on Energy will meet jointly with the House Special Committee on Energy to hear a presentation on Coal-to-Liquids Technology from Tyonek Native Corporation & Accelergy Corporation. When: Wednesday, October 13th at 1:30 p.m.; Where: Anchorage LIO 2nd floor conference room.