OIL OPEC sees oil demand soaring in 2021 but still below 2019Oil & Gas 360, July 14, 2020 Global oil demand will soar by a record 7 million barrels per day (bpd) in 2021 as the global economy recovers from the coronavirus crisis but will remain below 2019 levels, OPEC said in its monthly report. It was the first report … read more
OPINION: A fair share of deception Andrew Jensen, Alaska Journal of Commerce, June 17, 2020 This week we publish an “explainer” from Robin Brena of the “Fair Share Act” campaign for no other reason than to illustrate the depths he and his cohort are going to deceive Alaskans into raising oil taxes. The only thing the campaign is being honest about is … read more
The Situation: The Department of Transportation & Public Facilities took money intended to be used for “relief” and responded by threatening a 10.5% interest penalty on late payments from struggling Alaska businesses —on top of already onerous lease increases. 18 months prior to the current public health emergency, Alaska companies asked the administration and DOT&PF to review the steep, and in our review some … read more
