Showing posts with label oil production. Show all posts
Showing posts with label oil production. Show all posts

26 January 2015

Alaska Governor, Congressional Delegation Irate

President Barack Obama said Sunday that he planned to ask Congress to declare much of the Arctic National Wildlife Refuge as wilderness, including its 1.5-million-acre coastal plain, an area on Alaska’s North Slope suspected to contain vast reserves of oil and gas.

The designation would forever prevent exploration and production on the coastal plain, but Sen. Lisa Murkowski, R-Alaska, said the idea would be dead on arrival in the Republican-led Congress.

[snip] Murkowski and the rest of the state’s congressional delegation, along with Gov. Bill Walker, reacted strongly to the symbolism in the administration’s announcement. In a joint statement, they said the move -- and two other anticipated announcements involving offshore drilling in the Arctic and development in National Petroleum Reserve-Alaska -- amounted to “declaring war on Alaska’s future."


The environmentalists love to publish pictures showing what a lovely, paradisaical place the Arctic National Wildlife Refuge is. And you know what? 99.99 percent of them have never visited the place. It's uninhabitated (with very minor exceptions).

But the truth is something far different.

In summer, it's a tundra- and muskeg-covered swamp. In the winter (and winters are long, that far north of the Arctic Circle) it's a snow-covered plain.

Yes, one of the largest arctic herds of caribou cross it in the seasonal migrations. But oil wells and pipelines are now proven to attract wildlife, rather than stifle it.

Proven how? By 40 years of history of oil development and shipping on the Alaska's north slope. 

Yes, those are caribou on the North Slope, a half-mile from an oil well.
 

20 August 2014

Primary Election Results

in which you might be interested.

Dan Sullivan will be the Republican opposite Sen. Mark Begich in November. Joe Miller is in 2nd place, some 7,000 votes behind, with about 99% of ballots counted.

There was a ballot measure to repeal the current structure and go back to the previous one, in which the tax rate was higher, which would mean more for the State, yes? Except not so much, as it turned out: the rate was high enough that the oil companies closed several operations, the production rate was declining, jobs were lost to North Dakota and other places, and revenue fell off.

And it seems the good voters of Alaska had the sense to recognize that the current tax structure on oil production is working: production starting to go back up, new jobs created, new oil rigs due to come on line soon, and new fields under development.

Those are the only issues of any national impact. I now return you to the ongoing coverage of the riots (or not) in Missouri.

Or funny pictures of cats.

18 April 2013

ConocoPhillips to Increase Alaska Production

From KTUU Channel 2 in Anchorage:



ConocoPhillips says it's ready to increase its investments on Alaska's North Slope.

The oil giant on Wednesday announced it's taking the move after the state Legislature last weekend passed a new oil tax bill that reduced taxes on the industry in an effort to boost the flow of oil through the trans-Alaska pipeline.


This is good news for Alaska, especially after the gloom-and-doom-sayers who predicted that the lowered tax rates would spell disaster for the State.

There's a bit more at the link.