|Anti fossil fuel activists are stopping or slowing projects in Alaska, too. Luckily, a majority of Legislators and the Governor still support a robust investment climate. Today, the Legislature agreed with the Governor on oil tax reform, passing Senate Bill 21. Yesterday, the Legislature passed gas pipeline legislation -dh|
Increasingly, a majority of U.S. citizens are electing 'popular' politicians who oppose job-creating, economy-sustaining domestic energy projects dealing with pipelines, oil, gas, coal and refineries.
Below, we see videos of 'low information voters'. This may explain why so many politicians are elected who are either ignorant of energy economics or who are consciously seeking to weaken the country's energy strength. View the following and lament the policies that have created within our population a majority of 'willing idiots' who outvote their 'critical thinking' neighbors. More here.
The Alaska House just concurred with Senate changes to HB4, intrastate gas pipeline enabling legislation! -dh, 12:10pm
Calgary Herald by James Wood. Prime Minister Stephen Harper said Thursday that Ottawa and Alberta are taking a “Team Canada” approach when it comes to getting the controversial Keystone XL pipeline approved by the United States government. And he offered some praise for Premier Alison Redford, who has returned from a two-day trip to Washington D.C. where she touted the environmental record of Alberta and Canada — along with the merits of Keystone, a cross-border pipeline proposed by Calgary-based TransCanada which is intended to ship oil from northern Alberta to the U.S. Gulf Coast.
US Upstream by Tonya Zelinsky. The recent decision makes the AGDC a stand-alone corporation, giving it the tools to move forward on its plans for the US$7.5-billion Alaska Stand-Alone Pipeline (ASAP), which would connect North Slope gas with Alaska tidewater.
Senate panel advances in-state gas line - San Francisco Chronicle - ... on a bill aimed at advancing an in-state natural gas pipeline. The Senate Finance Committee advanced its version of HB4 Thursday. It contains provisions that supporters say the Alaska Gasline Development Corp. needs to get a project to an open season
Energy issues on floor of House, Senate; committee tables oil tax - Alaskajournal.com - In the Senate, a bill making changes to statutes governing an in-state gas pipeline project will be voted on. House Bill 4 makes technical changes in laws governing the Alaska Gasline Development Corp., the state corporation formed to pursue an in ...
Bill to shift Knik bridge construction to AHFC doesn't move - Anchorage Daily News - Costello's amendment creates a new public corporation inside AHFC, the Knik Crossing Development Corp. That follows the model for the Alaska Gasline Development Corp., created by Fauske inside the AHFC when he picked up that project in 2010.
Resource Development Council for Alaska (RDC) Urges Oil Tax Reform Support As Legislature Moves Toward Adjournment!
Senate Finance Committee Released Oil Tax Reform Bill Yesterday.
RDC issued the following call to action yesterday:
Robert Dillon (NGP Photo) of Senator Lisa Murkowski's Energy Committee sends us the following note which should once again demonstrate to Alaska lawmakers that Alaska's energy reserves are not unique and must be competitive if Alaska is to prosper. -dh
ICYMI: The scientific body responsible for evaluating our nation’s recoverable natural gas resources this week released a report showing future gas supply estimates increased by 22.1 percent since 2010 to a total of 2,688 trillion cubic feet.
Tonight Is Another Big Night, For Those Who Care About Alaska's Economic Future!
The Government Gas Pipeline
Late yesterday, we followed the Senate Finance Committee review of the Alaska Gasline Development Corporation's answers to questions about the pending, HB4 that would expand AGDC's powers and infuse it with operating capital. (Watch the video. Photo: House Speaker Mike Chenault.)
We have always supported the concept of this project as an insurance policy for Interior and South Central Alaska electric power and space heating consumers. This is because Cook Inlet gas supplies are dangerously low, a fact exacerbated by a regulatory decision six years ago (i.e. which has likely cost ratepayers over $.5 billion in unnecessary natural gas expense since then.)
Enstar, the local gas distributor, has worked hard to safeguard its customers from gas shortages. It has aggressively pursued more gas supply contracts, built a gas storage facility and investigated new gas supplies--from Prudhoe Bay to potential gas imports. Still, during a cold winter the actual deliverability of supply could push available supplies beyond the breaking point. Every year, the threat of a gas shortage grows.
The AGDC project involves a 737 mile pipeline from Prudhoe Bay to Southcentral Alaska, after winding its way by Fairbanks.
The lion's share of its right of way work is done and its engineering work is moving steadily toward a potential 'open season' wherein those interested in the gas can bid on pipeline capacity to move purchased gas.
While a government owned pipeline concept is controversial, running out of natural gas is unacceptable. If sufficient new gas reserves are proven to exist in Southcental Alaska, the AGDC project could be terminated. But if there is no AGDC insurance policy and more gas is not found, the old cliché about, "freezing in the dark", comes to mind.
During the hearing yesterday, several witnesses distinguished themselves. The HB 4 sponsors are House Speaker Mike Chenault (NGP Photo, above) and Representative Mike Hawker (NGP Photo with Rena Delbridge). Hawker thanked Senators for their complete hearing of the issues while Chenault described the compelling need for the project to safeguard citizens. Hawker's staff executive, Rena Delbridge, artfully briefed the committee on all current issues related to the bill before them. Frank Richards, representing AGDC, offered highly credible, technical briefings and responses to questions.
As our readers know, we have followed Arctic gas pipeline issues for many decades. We have seen many projects come and go.
We briefly worked with AGDC and continue to believe that the project is closer to becoming reality than any of its cousins for several reasons:
This is not a case of a heavy handed government saying, "We are going to create a gas pipeline bureaucracy come heck or high water".
Rather, this is a case of government exercising its proper role of protecting citizens.
Our hat is off to the dedicated public officials who have developed the vision, protected and remained focused on the mission and worked so hard to so successfully overcome political technical and financial obstacles.
At this writing, HB 4 hasn't received final approval. We expect it will. When it is the law of the land, the citizens will have been well served.
To NGP Readers:
Here are Consumer Energy Alliance's earlier comments on the EIS, for your reference.
CEA's general concern is that the proposed mitigation measures will limit OCS exploration activity without any significant benefits for the local marine mammals.
NMFS should focus on cooperative mitigation measures with companies – such as Shell’s efforts to suspend operations in the Beaufort during whaling season – as opposed to broadly limiting activity.
Note: this is the kind of comment opportunity that badly needs elected officials from throughout Alaska submitting comments for the record. Otherwise, the record will not be balanced nor will it reflect the opinion of Alaska's elected leaders.
4-10-13 COP Delays Arctic OCS - Obama Shorting States' Natural Resources Revenue is, "akin to theft"! - Alaska Representative Supports Keystone XL Pipeline!
We compliment Rep. Charisse Millett (NGP Photo) for having the initiative to weigh in on a variety of national energy issues, including this one. If Alaska expects other states to rally to her aid when confronting examples of federal overreach, it should show itself to be a good friend to other states facing similar federal aggression. After all, when facing the current anti development Administration America now suffers, the states must vow to hang together lest they be hanged separately.
Fairbanks News Miner/AP. ConocoPhillips Alaska says it will delay its 2014 plans for exploratory drilling in the Arctic Ocean off Alaska's northwest coast.
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Later today, Senator Lisa Murkowski said, “I’m disappointed that ConocoPhillips won’t be moving forward with its Arctic program next year – Alaska and the nation need the energy and the jobs that new oil production off Alaska’s coast would bring ... Companies can’t be expected to invest billions of dollars without some assurance that federal regulators are not going to change the rules on them almost continuously. The administration has created an unacceptable level of uncertainty...."
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Governor Sean Parnell followed with: “I am disappointed that the federal government’s unstable regulatory environment has led Conoco to make this business decision,” Governor Parnell said. “The federal government’s inability to provide regulatory certainty is once again reducing jobs and economic opportunities for Alaskans.”
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U.S. Sen. Mark Begich then said:
“I am disappointed. I’ve spent the last four years working with the administration and industry to promote responsible development of Alaska’s Chukchi and Beaufort seas. With today’s announcement, I will continue to encourage the Department of Interior and industry to work together, iron out their differences and get moving on exploring and developing these resources that are key to our economic and national security. While today’s decision is disappointing, I remain encouraged and optimistic about the progress the administration has made to allow more progress on oil and gas development off Alaska’s Arctic coast than it has seen in decades. ”
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Today, leaders of the Energy Producing States Coalition of legislators sent the following letter :
The Honorable Fred Upton, Chairman
The Make Alaska Competitive Coalition this morning sent this email message to contacts around Alaska:
Alaskans will have their last opportunity to testify on how to fix ACES in front of the House Finance Committee when it takes public comment on SB 21, the Governor’s proposed oil tax reform bill.
5 - 8 p.m. Tuesday, April 9
Testimony will be taken statewide in person at your local Legislative Information Office. Click here for a list of Legislative Information Offices.
Comments should be limited to two minutes.
• Testify at the final public hearing on the Governor's oil production tax reform bill, CS SB 21, in the House Finance Committee.
• Email members of the Alaska House of Representatives.
The House Finance Committee will hear public testimony on the governor's bill on Tuesday, April 9 at 6:00 p.m. Testimony will be taken statewide and the preference is for people to testify in person at your local Legislative Information Office (LIO). Comments should be limited to two minutes.
Even though you may have testified numerous times this session on the bill before other committees, your testimony is needed one more time to encourage the House Finance Committee to move forward with meaningful policy changes this session to attract new investment and increase North Slope production.
If you have yet to testify, please make your voice count – NOW. Your participation in the process is absolutely vital and it can make a difference. House Finance is the final committee of referral and is the final opportunity for public testimony on the bill.
It is also critical that you email members of the House to let them know you support CS SB 21. Even though a recent poll has revealed that 56 percent of Alaskans statewide support oil production tax reform, those opposing the bill have been making their voices heard loud and clear and have attracted considerable media attention. Legislators need to hear from you. Please do not allow the opposition to speak for you.
Thanks to Prosperity Alaska, emailing your elected officials with this important message takes less than two minutes. Choose from a letter template or personalize your own, and your message will be emailed directly. It's simple, efficient and fast. Email your legislators now and let them know you support CS SB21.
The House Resources Committee improved SB 21 by lowering the base tax rate from 35% to 33% and extending the small producer credit to 2022. The 33% tax rate will put Alaska in a better competitive position and make it more attractive for private sector investment. To compete for the investment that will move the needle on production, Alaska must stand out from its competition, as opposed to settling for a position in the middle of the pack.
Please testify on Tuesday and contact your legislators today and encourage them to support CS SB 21.