Oil & Gas Competitiveness Review Board
|
|
- Stephen Johnson
- 5 years ago
- Views:
Transcription
1 Focusing on Alaska s Economic Future Oil & Gas Competitiveness Review Board Alaska State Senator Lesil McGuire
2 Oil and Gas Competitiveness Review Board Why we created the Review Board Composition of Review Board Duties of Review Board Whaley, Frank H. photo. AMRC. Wien Collection
3 Oil and Gas Competitiveness Review Board Sec 30. AS Established 2013 Creates a Board modeled after Alberta
4 Why We Created the Review Board Alaska Relies on Revenue from Oil and Gas Alaska Must turn the decline of Oil production around Other jurisdictions have stepped up efforts to attract investment Oil and Gas production is dependent on capital investment
5 Why We Created the Review Board Three possible future scenarios: Each outcome is due to different levels of investment Source: 2006,
6 Why We Created the Review Board Alaska s oil and gas economy does not exist in a vacuum Oil and gas companies have many options when deciding where to invest capital and resources Alaska MUST remain competitive in the Global Market
7 Why We Created the Review Board Oil and gas investments made today will have lasting impacts on AK s standard of living Alaska s ability to attract investment will determine our future fiscal regime
8 Why We Created the Review Board Alberta saw a similar decline in oil and gas production They established a Council to execute a holistic study of oil and gas investment competitiveness They successfully turned around the decline of production Alaska must also adapt to changing market conditions
9 Why We Created the Review Board Meanwhile, AK North Slope Production has continued to decline
10 Why We Created the Review Board In the Spring of 2013 Alaska fell to 4 th among the US oil producing states - falling behind Texas, North Dakota, and California. Alaska s decline is not because we are running out of oil It is because we began to fall behind the competition for new investment
11 Why We Created the Review Board 2013 Source: AK DNR & AK DOR
12 Why We Created the Review Board Other basins have turned decline around This is how Alaska did During an all time price spike in WTI price While other jurisdictions improved production during record prices, Alaska s production continued to decline Source: AK DNR and AK DOR
13 Why We Created the Review Board Alaska needs a comprehensive mechanism to assess our global competitiveness A competitive oil and gas industry creates jobs across sectors. It means a vibrant economy In 2010 oil and gas accounted for 44,800 jobs (direct and indirect) $2.65 Billion in payroll
14 Why We Created the Review Board Objective Comprehensive review of Alaska s competitiveness Better informed Agencies Better informed Legislature Stability for industry Long-term stability for Alaska
15 Oil and Gas Competitiveness Review Board Composition of the Board Designed to be inclusive Consists of 11 members Will meet 1 time per year
16 Oil and Gas Competitiveness Review Board Composition of the Board 2 members nominated by two leading nonprofit trade associations that represent the Oil and Gas Industry Appointed by Governor 1 member- the Chair of the Alaska Oil and Gas Conservation Commission or chair s designee
17 Oil and Gas Competitiveness Review Board Composition of the Board 3 members of the Public appointed by the Governor A petroleum engineer A Geologist A financial Analyst
18 Oil and Gas Competitiveness Review Board Composition of the Board 1- the Commissioner of Environmental Conservation (or Commissioner s designee) 1- The Commissioner of Natural Resources (or Commissioner s designee) 1- Commissioner of Revenue (or Commissioner s designee)
19 Oil and Gas Competitiveness Review Board Composition of the Board 2 members of the public who do not represent the oil and gas industry Appointed by the Governor Every 2 years the Governor shall designate one member as chair Members shall serve for 4 years
20 Oil and Gas Competitiveness Review Board The Duties of the Board
21 Oil and Gas Competitiveness Review Board Duties Establish and Maintain a collection of information related to oil and gas: Exploration Development production Related to: Tax structure, rates and credits In the State of Alaska In OTHER jurisdictions
22 Oil and Gas Competitiveness Review Board Duties Review historical, current and potential levels of investment in the State s oil and gas sector Identify factors that affect investment in oil and gas industry, including: Tax structure, rates, credits Royalty requirements Infrastructure, workforce availability Regulatory regime wer-shift-energy-western-hemisphere Photo: Bob Kirst/Corbis
23 Oil and Gas Competitiveness Review Board Duties Review the competitive position of the state to attract and maintain investment in oil and gas sector Compare this to the competitive position in other jurisdictions Make written findings to the Alaska State Legislature
24 Oil and Gas Competitiveness Review Board Conclusion Fiscal systems are not the only criteria Industry uses to make investment decisions Operating costs Economic and political stability Regulatory regime Alaska s position in the Global market will not remain static Alaska needed a mechanism to assess it s global competitiveness in order to attract investment
25 Oil and Gas Competitiveness Review Board Conclusion Maximizing Alaska s energy resource potential requires the articulation of a log-term vision for development It must be: Forward focused Stable Globally competitive Responsive to technological change ws/energy/2013/04/ alaska-oilindustry-taxes/
26 Oil and Gas Competitiveness Review Board Conclusion Alaska has abundant unconventional oil and gas resources Alaska must be positioned to develop these resources or face continued erosion of the overall market share pital.com/articles/oilshales-real-enemy/2791
27 Oil and Gas Competitiveness Review Board Conclusion By making written recommendations to the Alaska State Legislature the Board Modernizes the way Alaskans look at the oil and gas industry Positions the state to maximize oil and gas opportunity for all Alaskans
28 Focusing on Alaska s Economic Future Oil & Gas Competitiveness Review Board Questions? Alaska State Senator Lesil McGuire sen.lesil.mcguire@akleg.gov Picture:
April 29, The Honorable Sean Parnell Governor State of Alaska P.O. Box Juneau, Alaska
April 29, 2013 The Honorable Sean Parnell Governor State of Alaska P.O. Box 110001 Juneau, Alaska 99811-0001 Re: HCS CSSB 21(FIN) am H -- relating to the interest rate due on delinquent taxes; providing
More informationSenate Bill 138: Commercializing North Slope Gas
Senate Bill 138: Commercializing North Slope Gas A Presentation to the Mayor s Energy Task Force April 30, 2014 Alaska Gasline Development Corporation (AGDC) Dan Fauske President Department of Revenue
More informationState of Alaska Department of Revenue
State of Alaska Department of Revenue Fall 2016 Revenue Forecast Presentation Forecast Released December 15, 2016 Randall Hoffbeck Commissioner Alaska Department of Revenue Alaska Department of Revenue
More informationMaximum Sustainable Yield: Wealth Management for the Owner State
Maximum Sustainable Yield: Wealth Management for the Owner State Alaska Foresters Anchorage, Alaska March 1, 2013 Scott Goldsmith Institute of Social and Economic Research University of Alaska Anchorage
More informationOur Duty To Maximize Alaska s Share
Our Duty To Maximize Alaska s Share The Legislature shall provide for the utilization, development and conservation of all natural resources belonging to the State, including land and waters, for the maximum
More informationMore Alaska Production Act: Creating Opportunity for Alaskans
More Alaska Production Act: Creating Opportunity for Alaskans Southeast Conference Randy Ruaro, Deputy Chief of Staff State of Alaska OTHER BASINS HAVE TURNED DECLINE AROUND - H ISTORICAL O IL P RODUCTION
More informationIndividual Income Tax HB 250. Presentation to the House Finance Committee March 31, 2016
Individual Income Tax HB 250 Presentation to the House Finance Committee March 31, 2016 Individual Income Tax "An Act relating to the taxation of income of individuals; repealing tax credits applied against
More informationANWR AND THE ALASKA ECONOMY
ANWR AND THE ALASKA ECONOMY AN ECONOMIC IMPACT ASSESSMENT PREPARED FOR: SUPPORTING ALASKA FREE ENTERPRISE (SAFE) PREPARED BY: ANCHORAGE JUNEAU SEPTEMBER 2002 TABLE OF CONTENTS Executive Summary... 1 Introduction...
More informationMaximum Sustainable Yield: A Fiscal Road Map for Alaska
Maximum Sustainable Yield: A Fiscal Road Map for Alaska Alaska State Senate Senate Finance Committee Juneau, Alaska March 19, 2013 Scott Goldsmith Institute of Social and Economic Research University of
More informationManaging Alaska s Petroleum Nest Egg for Maximum Sustainable Yield by Scott Goldsmith Web Note No. 10 March 2012
Managing Alaska s Petroleum Nest Egg for Maximum Sustainable Yield by Scott Goldsmith Web Note No. 10 March 2012 SUMMARY The state government relies almost entirely on non-sustainable petroleum revenues
More informationAlaska s Oil Production Tax: Comparing the Old and the New By Scott Goldsmith Web Note No. 17 May 2014
Alaska s Oil Production Tax: Comparing the Old and the New By Scott Goldsmith Web Note No. 17 May 2014 Last year the Alaska Legislature made a controversial change in the oil production tax, the state
More informationKara Moriarty President/ CEO Alaska Oil and Gas Association. AOGA Annual Luncheon May 29, 2014
Kara Moriarty President/ CEO Alaska Oil and Gas Association AOGA Annual Luncheon May 29, 2014 AOGA Member Companies Who is AOGA? The Alaska Oil and Gas Association (AOGA) is a business trade association
More informationFiscal Note. Fund Source (Operating Only) 1004 Gen Fund Total Change in Revenues *** *** *** *** *** *** ***
State of Alaska 2013 Legislative Session Identifier: Title: Sponsor: Requester: SB021CS(FIN)-DOR-TAX-03-14-13 OIL AND GAS PRODUCTION TAX RLS BY REQUEST OF THE GOVERNOR Senate Finance Fiscal Note Department:
More informationALASKA STATE LEGISLATURE SENATE RESOURCES STANDING COMMITTEE February 11, :31 p.m.
MEMBERS PRESENT ALASKA STATE LEGISLATURE SENATE RESOURCES STANDING COMMITTEE February 11, 2013 3:31 p.m. Senator Cathy Giessel, Chair Senator Fred Dyson, Vice Chair Senator Peter Micciche Senator Click
More informationRevenue Options for the State of Alaska
Revenue Options for the State of Alaska Status Update and Presentation to Alaska Municipal League Anchorage, Alaska Pat Pitney, Office of Management and Budget Director Ken Alper, Tax Division Director
More informationALASKA STATE LEGISLATURE
ALASKA STATE LEGISLATURE LEGISLATIVE BUDGET AND AUDIT COMMITTEE Division of Legislative Finance MEMORANDUM P.O. Box 113200 Juneau, AK 99811-3200 (907) 465-3795 FAX (907) 465-1327 www.legfin.state.ak.us
More informationRevising the State Fiscal Plan to Account for Petroleum Wealth by Scott Goldsmith Web Note No. 9 May 2011
Revising the State Fiscal Plan to Account for Petroleum Wealth by Scott Goldsmith Web Note No. 9 May 2011 INTRODUCTION In 2008 the Alaska Legislature passed and the governor signed into law a bill requiring
More informationOverview of British Columbia s Infrastructure Royalty Credit Program
Overview of British Columbia s Infrastructure Royalty Credit Program TOPICS 1. BC's Oil and Gas Resources, Competitiveness and Royalty Programs 2. BC's Infrastructure Royalty Credit Program Objectives
More informationTexas Water Development Board Water Infrastructure Funding Water Utilities Projects. Finance, Audit & Accountability Committee August 12, 2008
Texas Water Development Board Water Infrastructure Funding Water Utilities Projects Finance, Audit & Accountability Committee August 12, 2008 PURPOSE OF BRIEFING Discuss background of the Texas Water Development
More informationFiscal Note. Expenditures/Revenues Note: Amounts do not include inflation unless otherwise noted below. Included in
Fiscal Note State of Alaska 2016 Legislative Session Bill Version: HB 247 Fiscal Note Number: () Publish Date: Identifier: Department: Title: TAX;CREDITS;INTEREST;REFUNDS;O & G Appropriation: Taxation
More informationOil and gas revenue allocation to local governments in the United States
May 2016 Oil and gas revenue allocation to local governments in the United States Daniel Raimi and Richard G. Newell Abstract Oil and gas production generates substantial revenue for state and local governments.
More informationAlaska s Sustainable Strategy for Energy Transmission & Supply
Alaska s Sustainable Strategy for Energy Transmission & Supply A.S.S.E.T.S Committee Substitute for Sponsor Substitute for Senate Bill HCS CS SS SB 25 (L&C) Senator Lesil McGuire (District N) April 12,
More informationCanadian Oil & Gas Industry: 2015 Fiscal and Economic Priorities
Canadian Oil & Gas Industry: 2015 Fiscal and Economic Priorities Presentation to the Canadian Petroleum Tax Society October 30, 2014 Ben Brunnen 1 Overview About Canada s Oil & gas industry Trends Confronting
More informationMinistry of Natural Gas Development. British Columbia Royalty Programs. Program Goals & Performance Measures 2016 Report
Ministry of Natural Gas Development British Columbia Royalty Programs Program Goals & Performance Measures 2016 Report Policy and Royalty Branch, Upstream Development Division December 2016 Message from
More informationPetroleum Fiscal Design CSHB 111
Petroleum Fiscal Design CSHB 111 Castle Gap Advisors, LLC. April 18, 2017 Senate Resources/Senate Finance Committees 1 Table of Contents Recap From Prior Testimony Observations & Suggestions 2 3 RECAP
More informationCRESCENT POINT ENERGY ANNOUNCES 2016 CAPITAL EXPENDITURES PLANS
PRESS RELEASE CRESCENT POINT ENERGY ANNOUNCES 2016 CAPITAL EXPENDITURES PLANS (All financial figures are approximate and in Canadian dollars unless otherwise noted) January 7, 2016 CALGARY, ALBERTA. Crescent
More informationNorthern Pipeline Agency
Northern Pipeline Agency 2017 18 Departmental Plan The Honourable Jim Carr, P.C., M.P. Minister of Natural Resources Her Majesty the Queen in Right of Canada, as represented by the Minister of Natural
More informationALASKA'S OIL AND GAS COMPETITIVENESS REPORT 2015
ALASKA'S OIL AND GAS COMPETITIVENESS REPORT 2015 Alaska Oil and Gas Competitiveness Review Board FEBRUARY 27, 2015 This report is available exclusively online and can be downloaded at the Board s website
More informationAlaska Oil and Gas Association
January/February 2008 straight talk Alaska Oil and Gas Association The Role of the Oil and Gas Industry in Alaska s Economy In this issue of Straight Talk, AOGA shares the results of an economic study
More informationMunicipal Advisory Group Resolution Alaska Natural Gas Pipeline Construction Impact Fund
Municipal Advisory Group Resolution 2006-01 Alaska Natural Gas Pipeline Construction Impact Fund A. Whereas construction of an Alaska gas pipeline will bring impacts to municipalities; B. Whereas the Alaska
More informationHOUSE CS FOR CS FOR SENATE BILL NO. 26(FIN)(efd fld H) IN THE LEGISLATURE OF THE STATE OF ALASKA THIRTIETH LEGISLATURE - FIRST SESSION A BILL
0-GS\R.A HOUSE CS FOR CS FOR SENATE BILL NO. (FIN)(efd fld H) IN THE LEGISLATURE OF THE STATE OF ALASKA BY THE HOUSE FINANCE COMMITTEE Amended: // Offered: // THIRTIETH LEGISLATURE - FIRST SESSION Sponsor(s):
More informationFiscal Regimes for Extractive Industries The IMF s Work
Fiscal Regimes for Extractive Industries The IMF s Work VICTORIA PERRY IMF FISCAL AFFAIRS DEPARTMENT ECOSOC JUNE 5, 2014 Why distinct fiscal regimes for EI? Substantial rents Pervasive uncertainty 2 3
More informationThe More Alaska Production Act in 15 minutes
The More Alaska Production Act in 15 minutes A presentation to Southeast Conference March 13, 2014 Department of Revenue Michael Pawlowski Deputy Commissioner Revenues from oil production provide ~90%
More informationMaximum Sustainable Yield: FY 2014 Update by Scott Goldsmith Web Note No. 14 January 2013
Maximum Sustainable Yield: FY 2014 Update by Scott Goldsmith Web Note No. 14 January 2013 In fiscal year 2014, Alaska s state government can afford to spend about $5.5 billion. That s an estimate of the
More informationAOGA Educational Seminar. December 11, 2012 Kara Moriarty, Executive Director
AOGA Educational Seminar December 11, 2012 Kara Moriarty, Executive Director WHAT is AOGA? Professional Trade Association - 1966 Purpose Serve as single point of contact for Alaskans on the state s oil
More informationCES WIRELINE. A newsletter of the Research & Development Division of LSU s Center for Energy Studies*
CES WIRELINE A newsletter of the Research & Development Division of LSU s Center for Energy Studies* www.enrg.lsu.edu Vol. 1, No. 2 Spring 2005 *For the first ten years or so of CES s 22-year history,
More informationNEW SUSTAINABLE ALASKA PLAN
NEW SUSTAINABLE ALASKA PLAN Vision To preserve jobs and provide opportunities for all Alaskans, now and in future generations, by establishing a stable and enduring fiscal framework. Introduction Alaska
More informationImperial announces 2016 financial and operating results
Q4 News Release Calgary, January 31, 2017 Imperial announces 2016 financial and operating results Full-year earnings of $2.2 billion, including gains on retail asset sales of $1.7 billion Increased annual
More informationEnergy BUSINESS PLAN ACCOUNTABILITY STATEMENT THE MINISTRY
Energy BUSINESS PLAN 2006-09 ACCOUNTABILITY STATEMENT The business plan for the three years commencing April 1, 2006 was prepared under my direction in accordance with the Government Accountability Act
More informationPFSi Historical Measurement
Personal Financial Satisfaction Index (PFSi) Defined The Personal Financial Satisfaction Index (PFSi) is the result of two component sub-indexes. It is calculated as the difference between the Personal
More information2018's Best- and Worst-Performing Upstream Energy Stocks
2018's Best- and Worst-Performing Upstream Energy Stocks By Nic holas Chapman Mar 15, 2018. 08:36 PM How the Energy Sector Is Performing in 2018 Crude oil holding the upside Year-to-date in 2018, crude
More informationTamarack Valley Energy Ltd. Announces Third Quarter 2018 Production and Financial Results Driven by Record Oil Weighting
TSX: TVE Tamarack Valley Energy Ltd. Announces Third Quarter 2018 Production and Financial Results Driven by Record Oil Weighting Calgary, Alberta November 7, 2018 Tamarack Valley Energy Ltd. ( Tamarack
More informationPresentation to the Monday, March 14 Alaska Department of Revenue
CS HB 110 (RES) Introduction Proposed Changes to the Oil & Gas Production Tax Presentation to the House Finance Committee Monday, March 14 Alaska Department of Revenue 1 Outline for Presentation Goals
More informationFairbanks Rotary Luncheon. March 28, 2013 Kara Moriarty, Executive Director
Fairbanks Rotary Luncheon March 28, 2013 Kara Moriarty, Executive Director Purpose Alaska Oil and Gas Association Serve as single point of contact for Alaskans on the state s oil and gas industry Provide
More informationTHE NORTHSTAR PROJECT: ECONOMIC IMPACTS
THE NORTHSTAR PROJECT: ECONOMIC IMPACTS PREPARED FOR BP Exploration (Alaska) Inc. PREPARED BY Bradford H. Tuck Professor of Economics April 1996 SCHOOL OF PUBLIC AFFAIRS AND INSTITUTE OF SOCIAL AND ECONOMIC
More informationare not passed on to consumers.
THE MYTH OF OIL SEVERANCE TAXES * by Arion R. Tussing Alaska's decision to give each resident of the state a check for $1000 has focused national attention on the contrast between the fiscal distress of
More informationBlueCrest testimony to House Finance Committee - March 22, 2017
BlueCrest testimony to House Finance Committee - March 22, 2017 Slide 1 Good afternoon Co-Chairs Foster and Seaton, and members of the Committee. For the record, my name is J. Benjamin Johnson. I am the
More informationASX Announcement 2015 Year End Reserves Review
EMPIRE ENERGY GROUP LIMITED Level 7, 151 Macquarie Street Sydney NSW 2000 T: 02 9251 1846 F: 02 9251 0244 (ASX: EEG) (OTCQX:EEGNY) ASX Announcement 2015 Year End Reserves Review 15 March 2016 2015 FULL
More informationToday s Resources, Tomorrow s Legacy: NWT Heritage Fund Public Consultation
Today s Resources, Tomorrow s Legacy: NWT Heritage Fund Public Consultation February 2010 Foreword One of our greatest strengths as Northerners is the value we place on our land and its resources. The
More informationOIL INDUSTRY OVERVIEW Legislators Seminar December 18, 2014
OIL INDUSTRY OVERVIEW 2014 Legislators Seminar December 18, 2014 ALASKA OIL AND GAS ASSOCIATION Commonly referred to as AOGA Represent the majority of oil and gas exploration, production, refining, marketing,
More information29 STATES FACED TOTAL BUDGET SHORTFALL OF AT LEAST $48 BILLION IN 2009 By Elizabeth C. McNichol and Iris J. Lav
820 First Street NE, Suite 510 Washington, DC 20002 Tel: 202-408-1080 Fax: 202-408-1056 center@cbpp.org www.cbpp.org Updated August 5, 2008 29 STATES FACED TOTAL BUDGET SHORTFALL OF AT LEAST $48 BILLION
More informationSTATE BUDGET TROUBLES WORSEN By Elizabeth McNichol and Iris J. Lav
820 First Street NE, Suite 510 Washington, DC 20002 Tel: 202-408-1080 Fax: 202-408-1056 center@cbpp.org www.cbpp.org Updated May 18, 2009 STATE BUDGET TROUBLES WORSEN By Elizabeth McNichol and Iris J.
More informationBritish Columbia Oil and Gas Royalty Programs. Program Goals & Performance Measures 2010 Report
British Columbia Oil and Gas Royalty Programs Program Goals & Performance Measures 2010 Report Royalty Policy Branch, Oil and Gas Division October 2010 Message from the Assistant Deputy Minister British
More informationMinistry of Energy, Mines and Natural Gas and Minister Responsible for Housing British Columbia Oil and Gas Royalty Programs
Ministry of Energy, Mines and Natural Gas and Minister Responsible for Housing British Columbia Oil and Gas Royalty Programs Program Goals & Performance Measures 2012 Report Royalty Policy Branch, Oil
More informationProviding Pennsylvania Energy and Pennsylvania Jobs for 100 years
Providing Pennsylvania Energy and Pennsylvania Jobs for 100 years The following is a brief overview of Seneca Resources operations in the Appalachian Basin Seneca Resources East Division Payouts by Fiscal
More informationOil Search acquires world class oil assets in the prolific Alaska North Slope ASX Code: OSH, POMSoX: OSH, ADR: OISHY
Oil Search acquires world class oil assets in the prolific Alaska North Slope ASX Code: OSH, POMSoX: OSH, ADR: OISHY 1 November 2017 HIGHLIGHTS Oil Search has acquired interests in world class, Tier 1
More informationNorth Dakota: The Strongest State Economy in the Nation.
North Dakota: The Strongest State Economy in the Nation. North Dakota General Fund Ending Balances 2001-2011 $1.6 billion $1,200.0 $1,000.0 $800.0 $996.8 in millions $600.0 $400.0 $295.5 $362.0 $200.0
More informationEnergy. Business Plan Accountability Statement. Ministry Overview
Business Plan 2018 21 Energy Accountability Statement This business plan was prepared under my direction, taking into consideration our government s policy decisions as of March 7, 2018. original signed
More informationB.C. had little assured taxation revenue from an LNG industry. Royalties would only apply to the extraction volume of B.C. gas.
Overview 2 2013: British Columbia Decided to Create an LNG Income Tax B.C. had little assured taxation revenue from an LNG industry. Royalties would only apply to the extraction volume of B.C. gas. BC
More informationState of Alaska Department of Revenue
State of Alaska Department of Revenue Overview of DOR s Indirect Expenditure Report, Preliminary Report for FY 2011-FY 2015 Presentation to Senate Finance Committee January 31 st, 2017 Dan Stickel, Chief
More informationMiller Energy Resources CEO Issues an Open Letter to Shareholders
August 1, 2011 Miller Energy Resources CEO Issues an Open Letter to Shareholders HUNTSVILLE, Tenn.-- Miller Energy Resources, Inc. ( Miller ) (NYSE: MILL) today issued a letter to shareholders from the
More informationASAP Project Update. Commonwealth North December 2, 2011
ASAP Project Update Commonwealth North December 2, 2011 ALASKA GASLINE DEVELOPMENT CORP. Tel: 907-277-4488 Toll-Free: 855-277-4491 Fax: 907-277-4484 Website: www.gasline.us.com 1 AGDC/DNR Cook Inlet Production
More informationOil Field Unitization in Theory and Practice
EPGE/FGV International Workshop on Microeconomics Applied to the Energy Industry Oil Field Unitization in Theory and Practice by Dr. James L. Smith Cary M. Maguire Chair in Oil & Gas Management Department
More informationSTATE ECONOMIC MONITOR
STATE ECONOMIC MONITOR APRIL/MAY 2012 QUARTERLY APPRAISAL OF STATE ECONOMIC CONDITIONS Issue 5, July 2014 In the first quarter of 2014, a 2.9 percent contraction in real gross domestic product (GDP) threw
More informationASSEMBLY BILL No. 1897
AMENDED IN SENATE AUGUST 22, 2014 AMENDED IN SENATE AUGUST 19, 2014 AMENDED IN SENATE JULY 1, 2014 AMENDED IN ASSEMBLY MAY 28, 2014 AMENDED IN ASSEMBLY MAY 23, 2014 AMENDED IN ASSEMBLY APRIL 10, 2014 AMENDED
More informationSenator Mike Dunleavy Sample 10-Year State Budget (total including federal, other, DGF UGF)
Senator Mike Dunleavy Sample 10-Year State Budget (total including federal, other, DGF UGF) S A M P L E 1 0 - Y E A R S T A T E B U D G E T (total including federal, other, DGF and UGF) FY18 FY19 FY20
More informationWyoming Office of Consumer Advocate (OCA)
Wyoming Office of Consumer Advocate (OCA) 2019-2020 Biennium Strategic Plan Results Statement Wyoming has a diverse economy that provides a livable income and ensures wage equality. Wyoming natural resources
More informationEnable Midstream Partners, LP
Enable Midstream Partners, LP Fourth Quarter 2014 Conference Call February 18, 2015 Forward-looking Statements This presentation and the oral statements made in connection herewith may contain forward-looking
More informationThe Case for Investing in Alaska
The Case for Investing in Alaska Joe Marushack, President ConocoPhillips Alaska January 31, 2018 Cautionary Statement & Safe Harbor The following presentation includes forward-looking statements. These
More informationGREAT LAKES WATER MANAGEMENT CHRONOLOGY KEY EVENTS
GREAT LAKES WATER MANAGEMENT CHRONOLOGY KEY EVENTS 1848-1985 1. 1848-1899. Chicago River reversed ( Illinois Diversion ) diverting water from Lake Michigan down the Chicago Sanitary and Ship Canal and
More informationALASKA STATE LEGISLATURE SENATE RESOURCES COMMITTEE
ALASKA STATE LEGISLATURE SENATE RESOURCES COMMITTEE SEN. CATHY GIESSEL Chair State Capitol, Room 427 Juneau, AK 99801-1182 (907) 465-4843 Fax 465-3871 Sen. John Coghill, Vice-Chair Sen. Kevin Meyer Sen.
More informationHighlights of Significant Budget Changes (FY05 to FY18)
(FY05 to FY8) During special session in 007, the Legislature passed AGIA and an appropriation bill for work associated with the legislation. DNR received several increments in this allocation from FY0-4.
More informationThe Ministry of Energy consists of the Department of Energy, the Alberta Petroleum Marketing Commission, and the Alberta Energy and Utilities Board.
Energy BUSINESS PLAN 2007-10 ACCOUNTABILITY STATEMENT The business plan for the three years commencing April 1, 2007 was prepared under my direction in accordance with the Government Accountability Act
More informationThe Role of the Oil and Gas Industry in Alaska s Economy
The Role of the Oil and Gas Industry in Alaska s Economy JUNE 30, 2008 ACKNOWLEDGEMENTS Information Insights and McDowell Group thank the oil and gas industry primary companies and support activity businesses
More informationUnlocking our Petroleum Wealth Potential: A Game Plan for Meeting Alaska's Fiscal Challenge
Unlocking our Petroleum Wealth Potential: A Game Plan for Meeting Alaska's Fiscal Challenge Commonwealth North Fiscal Policy Study Group Anchorage, Alaska December 17, 2015 Scott Goldsmith Institute of
More informationLAWS OF ALASKA AN ACT
LAWS OF ALASKA 01 Source SCS CSHB (FIN) am S Chapter No. AN ACT Relating to the programs and bonds of the Alaska Industrial Development and Export Authority; relating to the Alaska Industrial Development
More informationWHO IS JK TECH. Acquirer of E & P projects. Leverage off relationships of our major shareholders. Currently single energy asset Mustang
DISCLAIMER The information in this document is in summary form and should not be relied upon as a complete and accurate representation of any matters that a potential investor should consider in evaluating
More informationECONOMY AT A GLANCE. Figure 1. Leading indices. 10/1711/1712/17 1/18 2/18 3/18 4/18 5/18 6/18 7/18 8/18 9/18 10/18 Mississippi
DECEMBER 2018 V OLUME 76, NUMBER 12 Inside this issue: Mississippi Leading Index, October 2018 Mississippi Coincident Index, October 2018 National Trends 5 Mississippi Employment Trends Changes in County
More informationLegislative Fiscal Bureau
Legislative Fiscal Bureau Robert Wm. Lang, Director One East Main, Suite 301 Madison, WI 53703 Email: Fiscal.Bureau@legis.wisconsin.gov Telephone: (608) 266-3847 Fax: (608) 267-6873 State of Wisconsin
More informationThe Turning Point corporate Summary
The Turning Point Enerplus Corporation 2010 corporate Summary Executing the plan 36 % 2010 total return Canadian investors Increased strategic land base to MORE THAN 500,000 net acres Bakken 230,000 43
More informationNew natural gas rates approved in 2018.
New natural gas rates approved in 2018. Who is CenterPoint Energy? CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission &
More informationAlon USA Reports Fourth Quarter and Full Year 2010 Results
March 10, 2011 Alon USA Reports Fourth Quarter and Full Year 2010 Results Company schedules conference call for March 11, 2011, at 10:00 A.M. Eastern DALLAS, March 10, 2011 /PRNewswire/ -- Alon USA Energy,
More informationOIL AND GAS IN ALASKA: ACTIVITIES AND OPPORTUNITIES KARA MORIARTY PRESIDENT/CEO ALASKA OIL AND GAS ASSOCIATION. Alaska Job Corp December 9, 2014
OIL AND GAS IN ALASKA: ACTIVITIES AND OPPORTUNITIES KARA MORIARTY PRESIDENT/CEO ALASKA OIL AND GAS ASSOCIATION Alaska Job Corp December 9, 2014 AOGA MEMBER COMPANIES BRIEF HISTORY OF OIL IN ALASKA First
More informationBAYTEX ANNOUNCES 2018 BUDGET AND BOARD SUCCESSION
BAYTEX ANNOUNCES 2018 BUDGET AND BOARD SUCCESSION CALGARY, ALBERTA (December 7, 2017) - Baytex Energy Corp. ( Baytex ) (TSX, NYSE: BTE) announces that its Board of Directors has approved a 2018 capital
More informationAlon USA Reports Second Quarter Results
August 8, 2012 Alon USA Reports Second Quarter Results Declares Quarterly Cash Dividend Company schedules conference call for August 9, 2012 at 10:00 a.m. Eastern DALLAS, Aug. 8, 2012 /PRNewswire/ -- Alon
More informationDraft: 5/9/11 HEALTH INSURANCE EXCHANGES UNDER THE AFFORDABLE CARE ACT: GOVERNANCE OPTIONS AND ISSUES I. INTRODUCTION
Draft: 5/9/11 Comments are being requested on this draft White Paper on or before May 16, 2011. Comments should be sent only by email to Jolie Matthews at jmatthew@naic.org. I. INTRODUCTION HEALTH INSURANCE
More informationLDC Gas Forum Midcontinent Alliance Pipeline:
LDC Gas Forum Midcontinent Alliance Pipeline: Delivering Today / Focused on Tomorrow September 13, 2010 Tony Straquadine Government Affairs Manager Forward looking statements and information Certain information
More informationIMPACT OF ALASKAN GAS SUBSIDY
IMPACT OF ALASKAN GAS SUBSIDY Prepared for: Government of the Northwest Territories Prepared by: Purvin & Gertz, Inc Roland R George Principal rrgeorge@purvingertzcom wwwpurvingertzcom (403)266-7086 ext213
More informationNotes at the Margin Philip K. Verleger, Jr. Volume XVI, No. 36 September 10, 2012
Notes at the Margin Philip K. Verleger, Jr. Volume XVI, No. 36 September 10, 2012 The BP Royalty Trust: Warning of Impending Price Declines or a Failing Economic Indicator This Notes at the Margin was
More informationHow Vulnerable Is Alaska s Economy to Reduced Federal Spending?
How Vulnerable Is Alaska s Economy to Reduced Federal Spending? Note No., July 8 By Scott Goldsmith, Professor of Economics About a third of all jobs in Alaska can be traced to federal spending here and
More informationInPlay Oil Corp. Announces Second Quarter 2018 Financial and Operating Results and Increases Production Guidance
InPlay Oil Corp. Announces Second Quarter 2018 Financial and Operating Results and Increases Production Guidance August 9, 2018 - Calgary Alberta InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ( InPlay or
More informationNATURAL GAS FUEL FLEET VEHICLE REBATE ANNUAL ASSESSMENT
2016-2017 NATURAL GAS FUEL FLEET VEHICLE REBATE ANNUAL ASSESSMENT Dear Governor Scott, President Negron and Speaker Corcoran: I appreciate your support of the Natural Gas Fuel Fleet Vehicle Rebate Program.
More informationCentennial Resource Development Announces First Quarter 2018 Financial and Operational Results
Centennial Resource Development Announces First Quarter 2018 Financial and Operational Results DENVER, CO, May 8, 2018 (GLOBE NEWSWIRE) - Centennial Resource Development, Inc. ( Centennial or the Company
More informationCentennial Resource Development Announces First Quarter 2018 Financial and Operational Results
Centennial Resource Development Announces First Quarter 2018 Financial and Operational Results DENVER, CO, May 8, 2018 (GLOBE NEWSWIRE) - Centennial Resource Development, Inc. ( Centennial or the Company
More informationTotal state and local business taxes
Total state and local business taxes State-by-state estimates for fiscal year 2014 October 2015 Executive summary This report presents detailed state-by-state estimates of the state and local taxes paid
More informationHe also has to their
FOR IMMEDIATE RELEASE May 13, 2014 INTERVIEWS: Tom Jensen 919-744-6312 IF YOU HAVE BASIC METHODOLOGICAL QUESTIONS, PLEASEE E-MAIL information@publicpolicypolling.com, OR CONSULT THE FINAL PARAGRAPH OF
More informationMANAGEMENT S DISCUSSION AND ANALYSIS
MANAGEMENT S DISCUSSION AND ANALYSIS This management s discussion and analysis ( MD&A ) is a review of Bruin s results and management s analysis of its financial performance for the three months ended
More informationPRESENTATION ON ALASKA GAS PIPELINE PROJECT
PRESENTATION ON ALASKA GAS PIPELINE PROJECT to Alaska State House and Senate Finance Committees April 5, 2006 Analysis of PPT Barry Pulliam & Dr. Anthony Finizza 5th Floor 60 W 5th Street Los Angeles,
More informationAnalysis of Revenue from U.S. Natural Resources BPC STA FF
Analysis of Revenue from U.S. Natural Resources BPC STA FF JULY 2013 ANALYSIS OF REVENUE FROM U.S. NATURAL RESOURCES 2 Presentation Outline I. Executive Summary II. Revenue Mix III. Disbursement Mix Sections
More informationBAML Global Energy Conference. Occidental Petroleum Corporation November 15, 2018 Cedric Burgher Chief Financial Officer
BAML Global Energy Conference Occidental Petroleum Corporation November 15, 2018 Cedric Burgher Chief Financial Officer Cautionary Statements Forward-Looking Statements This presentation contains forward-looking
More information