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Where Alaskans, lawmakers, and the media go to keep up with energy issues, and legislation utilizing social media to connect, and engage with Alaskans in a fun and interactive way.
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Fairbanks Natural Gas seeks rate hikeFairbanks Natural Gas said Monday it wants a 6.92 percent rate increase, filing a cost study and other documents with the Regulatory Commission of Alaska in which it makes the case that it should be allowed to collect $1.4 million more from its customers under standard utility practice.
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Buccaneer seeks auction of Alaska assetsBuccaneer Energy Ltd. wants to hold an auction later this summer to sell its Alaska assets as part of ongoing bankruptcy proceedings for the company and its subsidiaries. The Australian independent has asked the U.S. Bankruptcy Court for the Southern District of Texas to schedule an auction in Houston, Texas, starting the
morning of Aug. 4.
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U.S. Seen as Biggest Oil Producer After Overtaking Saudi Arabia The U.S. will remain the world’s biggest oil producer this year after overtaking Arabia and Russia as extraction of energy from shale rock spurs the nation’s economic recovery, Bank of America Corp. said.
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How median incomes have changed in the richest and poorest states, in 8 chartsAlaska's median income decreased 23.5 percent from 1952 through 2012; second worst behind Nevada.
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2014 Global oil and gas tax guide
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Excluding Oil, The US Trade Deficit Has Never Been Worse
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Alaska's 'dying basin' shows signs of a renaissance
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Unconventional oil revolution to spread by 2019
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Black Gold: U.S. States Where Oil Is KingThe U.S. has succeeded in lifting its oil production to over 8 million barrels per day the highest levels in decades. But where exactly is all that oil coming from?
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Flint Hills’ quiet transition: Closed refinery prepares for next phase as a terminalThings were quiet out at Flint Hills Resources’s North Pole refinery on Friday. There were crews cleaning and dismantling Crude Unit 2, the last refining unit to close in May, but gone is the loud buzz of crude being refined into gasoline and jet fuel.
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Will the Oil Export Ban Be Lifted?When Gerald Ford signed the Energy Policy and Conservation Act in 1975, he said that “the single most important energy objective for the United States… is to resolve our internal differences and put ourselves on the road toward energy independence.” Well, it might have taken almost 40 years, but we’re finally on our way!
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Alaska Power AssociationAlaska Power Association is seeking an experienced communicator to serve as Director of Member & Public Relations. APA is a 63-year-old statewide trade association that represents the electric utilities that supply power to Alaskans from Barrow to Unalaska, through the Interior and Southcentral, and down the Inside Passage. This executive-level position offers a competitive salary, a comprehensive benefits package, and travel opportunities. A job description is posted at
www.alaskapower.org/employment-opportunites.htm.
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Alyeska Pipeline Job Opportunities
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China-Russia Gas Deal Win for ArcticThe $400 billion, 30-year China-Russia gas deal signed in Shanghai on May 21 has sparked a lot of excitement about hydrocarbons in the Russian Arctic and sub-Arctic. Under the agreement, which had been in the works for a decade, Gazprom will supply China National Petroleum Corporation (CNPC) with 38 billion cubic meters of gas annually beginning in 2018. The deal
fulfills Russia’s goal, as outlined in its Energy Strategy to 2030 (in English), to increase exports to Asia. By 2030, the strategy envisions that eastern-bound exports of oil will constitute 22-25 percent (as opposed to the current 6 percent), and gas 19-20 percent as opposed to the current 0 per cent. (Note: Since Russia already exports natural gas to Japan and South Korea from Sakhalin, I am not sure why the report’s current figure for natural gas exports to East Asia is 0 percent.)
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A guide to the energy of the Earth - Joshua M. Sneideman
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Alaska fiscal year ends with only slight decline in oil productionFAIRBANKS -- The state fiscal year ended Monday, with oil production for the year averaging more than 529,000 barrels a day, only slightly less than the preceding year and beating the projections offered by the state Department of Revenue earlier this year.
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Southcentral natural gas utility's customers hit with big increase in billEffective July 1, Enstar customers will see their average monthly bill increase by 48.5 percent, according to John Sims, Enstar's director of business development. That's a jump of $39.97 for the average residential customer.
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Many new opportunities; Recent seismic data identifies more drilling targets in the aging Kuparuk field Recent 3-D seismic surveys in the Kuparuk River field on Alaska’s North Slope are enabling the identification of new drilling leads in the field, according to field operator ConocoPhillips’ latest Kuparuk plan of development that the company has submitted to the Alaska Department of Natural Resources. A survey conducted in 2005 has enabled the discovery of a number of drilling opportunities, including sidetrack wells using coiled tubing drilling, sidetracks
using conventional rotary drilling, and the drilling of new wells, the plan says.
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Fifth well on horizon; Furie obtains Kitchen Lights no. 5 permit as gas field development proceeds Furie Operating Alaska has obtained a permit to drill a fifth well in the Kitchen Lights unit, in the northern part of the Cook Inlet. In the latter part of the 2013 drilling season the company used its Spartan 151 jack-up drilling rig to start the drilling of the Kitchen Lights unit no. 4 well. Furie’s President Damon Kade has told Petroleum News that his company’s plans for the drilling of both the no. 4 and the no. 5 wells are confidential. However, both wells
are clearly exploration wells and, given the timing of the permit application for the no. 5 well, Furie would appear to be planning to at least start the drilling of that well during the current drilling season.
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Natives win rulingCanada’s Supreme Court: Consent mandatory between governments, First NationsThe Supreme Court of Canada has sent a tsunami wave through oil and natural gas, mining and forestry industries in a ruling that gives First Nations effective control over vast tracts of territory beyond the confines of their defined traditional
lands.
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Pilgrim Hot Springs, an Alaskan Geothermal ResourceFrontier Scientists presents videos about Pilgrim Hot Springs, a geothermal resource about 50 miles outside of Nome, Alaska. In these videos Nome, community partners and scientists describe the potential and exploration of the geothermal hot springs, considered to be the largest identified geothermal resource in the Central Alaska Hot Springs Belt. By
watching the videos titled Power Potential, Power for Nome’s Boom, Drilling Details, Diesel Off, Geothermal On, and Mystery Spot, you’ll witness how the Alaska Center for Energy & Power and its many partners think and work together to realize the potential of Pilgrim Hot Springs.
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Alaska Geospatial Council to begin coordinating state geospatial effortsANCHORAGE — Governor Sean Parnell has signed a Memorandum of Agreement establishing the Alaska Geospatial Council (AGC) and charging it with coordinating efforts involving geospatial data collection and mapping by government agencies.
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Military Needs Alaskan Rare Earth Deposit to Supply Heavy Rare EarthsWars are being fought all over the world over control on natural resources. Attention is focussed on Eastern Europe and the Middle East particularly Iraq. I am greatly concerned that not enough is being done by the U.S. to secure critical materials of heavy rare earths needed for cruise missiles and our latest military technologies.
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Oil-heavy states see median ages fallThe median average age of United States residents increased last year, but states with large oil and gas industries saw decreases as young workers flock to those areas. Most energy states’ age declines were minuscule, lead by Alaska, which fell to 33.246 years old on average from 33.606, the Associated Press reported Thursday, citing Census Bureau figures. Williams
County, N.D., the center of the Bakken formation drilling boom, saw a drop of 1.6 years in 2013 from 2012, the largest decline of any county.
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Oil prices started to skyrocket when one quarter of global supplies went into irreversible decline
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