Friday Fact Check: AK in the Global Context. AK’s Oil & Gas Taxation Policy.

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On Monday, September 13th, the Senate Resources committee heard a presentation from the state’s consultant on oil and gas issues, Gaffney Cline. The presentation focused on three topics: The Oil and Gas Industry Today Alaska in the Global Context Considerations for Alaska’s Oil and Gas Taxation Policy Key points made in the presentation: The oil & gas industry has been … read more

Climate Change Saves Lives. Pebble Economic Benefits. CA Bans Drilling.

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NEWS OF THE DAY: Los Angeles County Bans Oil And Gas DrillingCharles Kennedy, OilPrice.Com, September 16, 2021 In a unanimous vote, Los Angeles County backed a ban on oil and gas drilling, which means some 1,600 active and inactive wells would be shut down, the AP reported, adding the timeline for the shut-down has yet to be determined.  “The goal is … read more

“Europe is showing the folly of trying to purge CO2 from the economy.”

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NEWS OF THE DAY: Europe’s Climate Lesson for AmericaThe Editorial Board, The Wall Street Journal, September 15, 2021 As wind power flags, energy prices are soaring amid fuel shortages. Energy prices are soaring in Europe, and the effects are rippling across the Atlantic. Blame anti-carbon policies of the kind that the Biden Administration wants to impose in the U.S. Electricity … read more