Usibelli Coal Mine celebrates 75 years in Healy
Alaska Public Media, Dan Bross, July 17, 2018
Usibelli Coal Mine is celebrating its 75th anniversary. The operation in Healy started by Emil Usibelli in 1943, run by his son and now by his grandson, is Alaska’s only operating coal mine. Joe Usibelli has run the company for the last three decades and shared the story of the family coal mine in a recent presentation to the Fairbanks Chamber of Commerce. Usibelli says his family came to the US over a century ago to seek a better life, just like today’s immigrants. ”My great-grandfather came over in 1907, my grandfather came over in 1909,” Usibelli said. “They came over from Italy, and there’s parallels in the world right now.”
AGDC will stick with Nikiski as prefered choice for LNG Project
Mat-Su Valley Frontiersman, Tim Bradner, July 17, 2018
Alaska LNG has cited all its reasons why Port MacKenzie won’t work as a site for a large liquefied natural gas plant. In a filing with the U.S. Energy Regulatory Commission, the state gas corporation, Alaska Gasline Development Corp., said issues with navigation, tides, beluga whales and other problems make the MatSu port on Knik Arm an unworkable choice for a marine loading terminal for the large LNG plant that is planned.
Our Take: How many times will AGDC be asked to defend its choice of Nikiski as the site for their LNG plant? AKHEADLAMP hopes this is the end of the discussion.
Alaska megaproject hits financial headwinds as elections loom
E&E News, Margaret Kriz Hobson, July 18, 2018
The blueprint to finance and build a $44 billion natural gas export project is coming under fire at a time when people here are gearing up for a governor’s race that could again throw the future of the Alaska liquefied natural gas project into question.
Our Take: We agree. This is shaping up to be a key issue in the gubernatorial race. Does the state allow market dynamics to guide the project or does the state force a project? As Senator Giessel noted, most legislators are supportive of the project, “but not at any cost.”
Texas to pass Iraq and Iran as world’s No. 3 oil powerhouse
CNN Money, Matt Egan, July 17, 2018
Plunging drilling costs have sparked an explosion of production out of the Permian Basin of West Texas. In fact, Texas is pumping so much oil that it will surpass OPEC members Iran and Iraq next year, HSBC predicted in a recent report. If it were a country, Texas would be the world’s No. 3 oil producer, behind only Russia and Saudi Arabia, the investment bank said.
Our Take: Texas’ activity led to an additional $2 billion + for the Texas State Legislature.
America’s Oil And Gas Boom Is Spreading Through The Country
Forbes, David Blackmon, July 17, 2018
The Permian Basin, home to more than 40 percent of all active U.S. drilling rigs, continues to receive most of the credit for the rapid growth of U.S. oil production; meanwhile, the Marcellus Shale receives the lion’s share of credit for ongoing record-setting levels of domestic natural gas production. But a series of recent information releases demonstrate that the oil and gas boom is spreading into other plays across the nation.
Our Take: ConocoPhillips recent announcement about increased activity gives AKHEADLAMP hope that the oil and gas boom doesn’t bypass Alaska. Reduction in operating costs AND a stable fiscal climate contributed to their decisions. Elections matter – AKHEADLAMP hopes Alaskans will elect leaders who appreciate their largest business partners and will maintain a business climate that attracts more investment.
Parnell backs Dunleavy over Treadwell for governor
KTVA, Steve Quinn, July 17, 2018
Former Alaska governor Sean Parnell has endorsed Mike Dunleavy over Mead Treadwell, who served as Parnell’s lieutenant governor during his first full term. Dunleavy announced the surprise show of support on his campaign Facebook page Tuesday evening. Dunleavy spokesman Brett Huber declined to comment further on the endorsement beyond referring to the page, on which Dunleavy said, “I’m honored to have Sean Parnell’s support.”
From today’s Washington Examiner, Daily on Energy:
TRUMP APPOINTEES ADDRESS CONFERENCE OF CLIMATE SKEPTICS: The Trump administration is appearing in force at this year’s annual conference of the Heartland Institute, a group known for its questioning of climate science.
The group released the list of keynote speakers in an agenda Tuesday night for the Heartland Institute’s America First Energy Conference.
Interior Department: Joe Balash, the Interior Department assistant secretary for Land and Minerals Management, is set to deliver the closing keynote speech on August 7 at the Hilton New Orleans Riverside hotel.
Energy Department: Another keynote speech will be given by Douglas Matheney, special advisor to Energy Secretary Rick Perry. Matheney advises on fossil fuels policy.
The agenda: The conference will examine President Trump’s energy agenda, “which is focused on making the United States a global energy power,” according to the group’s agenda. “The conference will examine what has changed, how that has affected America’s economy, and what’s next.”
Our Take: Great to see Alaska’s own Joe Balash as the keynote at this conference!