OIL
GAS
From the Washington Examiner, Daily on Energy:
HMM…VOTERS IN GAS-PRODUCING AREAS CONFUSED BY BIDEN’S ENERGY STANCE: Biden is down 13 points to Trump in natural gas-producing counties of western Pennsylvania and eastern Ohio, according to polling out Wednesday by ALG Research, as voters struggle to understand how the former vice president’s policies would affect them.
The survey of 500 likely voters in Ohio and Pennsylvania was conducted Aug. 26 through Sept. 1, with an oversampling (200 voters) in gas-producing counties.
The results make the case that Biden has an opportunity to better define himself to voters in fossil-fuel regions when he makes a campaign trip by train today through eastern Ohio and western Pennsylvania.
“Biden should more clearly explain his energy and climate views to pick up support,” said Paul Bledsoe, strategic adviser for the Progressive Policy Institute, which commissioned the poll.
At the moment, voters in these gas-producing counties don’t know where Biden stands on energy, with 22% saying he is pro-natural gas, 42% saying he is anti-natural gas, and 36% not sure. Unsurprisingly, a larger percentage, 65%, are sure Trump is pro-natural gas
MINING
Kinross to acquire 70% of Peak Gold in Alaska for $93m
Northern Mining Staff, Mining.Com, September 30, 2020
Kinross Gold (TSX: K; NYSE: KGC) says it plans to strengthen its medium-term production and cash flow profile with the $93.7 million acquisition of the Peak Gold project in Alaska, about 400 km southeast of its Fort Knox mine. The open-pit project, which is expected to start production in 2024, will be “a low-risk ‘tuck-in’” to leverage the company’s existing mill and infrastructure at its Fort Knox mine, and is forecast to produce a total of about 1 million gold-equivalent ounces over four and a half years at mining grades of 6 grams per tonne, Kinross said.
POLITICS
Ballot Measure 1 will hurt Alaska’s struggling nonprofit groups
Flora Theo, Anchorage Daily News, September 29, 2020
OVID-19 has done a number on Alaska’s nonprofit community. Most of the major fundraising events were either canceled outright or scaled down and conducted virtually. Millions in revenues have been lost. Every nonprofit group in this state is nervous about the future. If we are going to recover, we will need more community support than ever. That means we need to defeat Ballot Measure 1.
Many nonprofits are clinging to life during the ongoing pandemic. Now is not the time to create barriers to growth for our state’s largest economic force. Oil and gas sets the pace in Alaska. The industry alone generates 38% of all wages in Alaska, and a quarter of all jobs. But those jobs are just the tip of the iceberg when it comes to the full social and economic impact of oil and gas in Alaska.