From the Office of Alaska Department of Natural Resources Commissioner, Dan Sullivan: Alaska gas opportunities capture attention at LNG 17
|Legislature wraps up session with oil tax change, budgets
On Friday, House Bill 41 to establish the Alaska Gasline Development Corporation passed the Senate after earlier passing the House and has moved on to the govenor for signature. The corporation will be charged with getting Alaska's natural gas to ...
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CBC News. China's largest bank will be helphttp://www.northerngaspipelines.com/sites/all/modules/fckeditor/fckedito...); background-position: 0px -528px;" alt="" />ing to finance the proposed Kitimat refinery, which would process oil from the Alberta oilsands in B.C., instead of the raw bitumen being shipped overseas. B.C. media mogul David Black said he has signed a memorandum of understanding with the Industrial and Commercial Bank of China (ICBC) for the proposed refinery that is estimated to cost $25 billion.
Shooting Oneself In the Foot
Commentary by Dave Harbour
Certain left leaning Alaskans are intent on shooting Alaska's economy in the foot.
They are promoting a voters' referendum that would repeal the oil tax reform recently enacted. Just as the Legislature and Governor acted to improve the investment climate through oil tax reform, these people are acting to maintain the uncertainty of the investment climate--adversly affecting all Alaskans, particularly the future of the coming generations.
Readers can bet that this group will be composed of an odd assembly of socialists, environmental extremists, publicity seekers and ex-public officials who see the oil industry as enemies and not the strong supporters of Alaska's way of life.
One can envision investors gathered around a breakfast or boardroom table in coming days, concluding that Alaska is still too uncertain and risky to merit a major new financial commitment.
So, what should Alaskans do now? Do not sign the anti oil petition. Those who do sign it will be telling investors: "Stay out; we can do just fine without your money and commitment!"
Meanwhile, Alaska's economic lifeline, the Trans Alaska Pipeline, continues its steady throughput decline from 1/4 capacity toward zero. Only a change in Alaska's investment climate can produce a greater flow of investment. Repealing tax reform will drive a stake through the heart of investor confidence, perhaps for a very long time. (References: Fairbanks News Miner, SB 21 and the Petition to repeal it.) -dh
Fairbanks News Miner/AP. Just days after the Alaska Legislature lowered taxes on the oil industry, ConocoPhillips announced plans to boost investment on North Slope fields. ConocoPhillips is planning to bring an additional rig to the Kuparuk field this spring and working with co-owners to fund a new drill site on the Kuparuk River field, the company said in a Wednesday announcement.
Today's Consumer Energy Alliance Energy News:
Calgary Herald by Sherri Zickefoose. An anti-oil pipeline art show is being sent packing from City Hall’s atrium after officials yanked the group’s permit over price tags and politics.
Yesterday we editorialized on how the Administration's persistent effort to create a new ocean zoning bureaucracy defies Congressional authority. Over the last several years, we have documented many instances of this Administration's effort to overreach its authority and expand its jurisdiction and control over the American public. One of the effects is to diminish jobs, economic recovery and tax/royalty revenue from domestic production on federal lands. Below, we bring readers more contemporaneous examples of federal obstacles to reinvigorating America's economy. We were worried yesterday that Congress fiddles while the Administration usurps its authority. While we stand on that statement (i.e. wishing for a more robust effort to confront Constitutional violations), we do commend a couple of particularly courageous patriots (among a few others), who are trying to hold back the tide of federal overreach: Congressman Doc Hastings and Senator Lisa Murkowski. -dh
Yesterday, House Resources Chairman Doc Hastings (NGP Photo) said, “This final implementation plan raises more questions than answers and provides even less information on what the Obama Administration will impose under the guise of a National Ocean Policy. What is certain is that this policy represents a significant step towards the mandatory zoning of our oceans and is a backdoor attempt to control the way inland, coastal and ocean activities are managed. If implemented, it will inflict red tape and economic damage both onshore and offshore across a wide-range of activities including agriculture, fishing, construction, manufacturing, mining, oil and natural gas, and renewable energy.
Late yesterday we received this message from the National Ocean Policy Council. We appreciate the diplomacy of their statement but believe that they and all Americans should be demanding that the President rescind the Ocean Zoning effort rather than simply reflecting their collective 'concerns'. -dh
NOPC said, "Following an initial review of the National Ocean Policy Final Implementation Plan released earlier today, significant questions and concerns remain about whether continued implementation of this initiative will adversely impact commercial and recreational activities across the United States."
The energy production that occurs on state and private lands, and the energy production that occurs on federal lands. Energy production on state and private lands is flourishing - creating new jobs and thriving, healthy economies. These lands are the epicenter of the energy renaissance we're currently experiencing. On these lands oil and natural gas production has increased dramatically since 2007. The restrictions on these lands are not as onerous, and as a result, the average time to get a drilling permit approved is only 12 -15 days.
|Yesterday, amid a Senate Energy Committee hearing on the Forest Service's So-Called Multiple Use Mission and Budget, Senator Lisa Murkowski (NGP Photo) said, "“Our national forests are increasingly being managed like national parks – areas in which no timber harvesting is permitted,” Murkowski said. “The Forest Service must return to its multiple-use mission. The economic viability of hundreds of communities located next to national forests depends on the responsible production of our timber resources.”|
Two Visions of the Arctic
Is Congress Fiddling As Obama Usurps Its Authority?
WASHINGTON, D.C. – Today, the Subcommittee on Public Lands and Environmental Regulation held a legislative hearing on nine bills to prevent the President from unilaterally designating National Monuments under the century-old Antiquities Act and to ensure greater public participation in the process.
Here Are Some Useful National Ocean Policy Coalition Quick Links. The NOPC seeks to better educate Americans about the impact of such federal overreach.
Since the President first created this entity by Executive Order -- without Congressional enabling or budget legislation -- we have feared for the result. America probably has the most tightly regulated water and air quality, commercial fishing, oil and gas, manufacturing, agriculture, transportation, etc. society in the world. Yet, with Marine Spatial Planning -- as proposed by this plan -- and the effective zoning of the oceans, America is about to place an additional matrix of control around economic wealth producers...and all without Congressional consent.
We believe the Members of Congress fiddle while their branch of government and their authority are being ignored, disrespected and dismantled by an overreaching federal administration.
Case in point (among many): The President established the National Ocean Policy, by Executive Order on July 19, 2010.
This order created a National Ocean Council consisting of 27 Federal agencies and departments. It required those agencies to perform new tasks with money the Congress had budgeted for other purposes. It provided a mandate -- without Congressional support -- for agencies to divert Congressionally authorized personnel and focus to an unplanned, unauthorized program of environmental activism.
The Council developed its so-called Implementation Plan over the past two years but was planning to execute the plan a year ago until the reelection effort intervened.
White House bureaucrats have now succeeded in compelling massive contributions of time, personnel and treasury from countless national, regional, and local stakeholders representing all marine sectors; tribal, State, and local governments; the private sector, scientists, and the public. -dh
The Make Alaska Competitive Coalition has circulated the following statement in wake of oil tax reform legislation that passed the legislature last weekend (Here is more):
From Governor Parnell's Office. Following the close of the first session of the 28th Alaska Legislature, Governor Sean Parnell (NGP Photo) today thanked legislators and highlighted the successful passage of many of his key priorities to improve Alaska. Reforming Alaska’s oil tax structure, providing cheaper energy to Interior and rural communities, reducing payroll tax increases, exercising fiscal restraint, and protecting Alaskan families led the governor’s agenda this session.