Category Archives: Immediate Reactions

On Tuesday of this week (June 25, 2013) the Anchorage Daily News published a letter to the editor from Sharon Leighow, Governor Parnell’s Press Secretary, responding to a Compass piece published earlier in the month from Bella Hammond, former Governor Jay Hammond’s widow. 

In the earlier piece, Ms. Hammond urged Alaskans to sign the petition currently circulating in the state seeking the repeal of SB 21, the Governor’s recent oil tax bill (and which the Administration prefers to call the “More Alaska Production Act”).  Ms. Hammond argued that absent repeal, Alaska faces a difficult economic future. Continue reading →

From 2 – 5pm Friday — tomorrow as I write this and probably this afternoon as many of you read it — I will be guest hosting The Dave Stieren Show.

The show is broadcast on AM 750 KFQD/ FM 103.7  if in Anchorage.  For those Continue reading →

An excellent overview of the federal permit requirements related to the export of Alaska LNG, prepared by the Institute of the North.  Listen closely; there will be a closed book test at the end.

Joe Perkins of Stoel Rives and I have been working with Law Seminars International over the last couple of months to put together a conference on oil, gas and mining investment in Alaska.  With the passage of SB 21, oil & gas investors once again are giving Alaska projects a hard look.  While dipping recently, long term increases in prices have done the same on the mining side.

The conference is an effort to provide a forum for discussing the issues surrounding investment in Alaska.  The goal is to help current and potential investors better understand the current investment climate in these sectors, and to provide a forum to discuss the gains made to date, and the additional work that remains to be done, to help bring additional focus to Alaskan opportunities. Continue reading →

Those of you who read these pages will know that I am transitioning from my role as Partner and Co-Head of the Oil & Gas Practice at Perkins Coie, LLP, to my own consulting firm effective at the beginning of June (now, just 6 days away).  I am looking forward to the transition and having more time to focus on, write about — and work to provide leadership on — what I believe are important issues facing Alaska.  This week I agreed, for example, to move from a bi-monthly to regular monthly column in the Alaska Business Monthly effective July 1, and expand the column to include fiscal issues.

In the course of starting to pack up, however, I learned  that Perkins Coie once again has been named by Chambers and Partners, a firm that provides global rankings of firms and lawyers, as one of the top law firms in Alaska for “Environment, Natural Resources & Regulated Industries.”   Their summary of the firm’s Alaska practice in the area:  Continue reading →

After considerable thought, I have come to the conclusion it’s time to act on something that has been moving from the back to the front of my mind over the past few months – departing my current role as Partner and Co-Chair of the Oil & Gas Practice at Perkins Coie, LLP and opening my own Alaska-based and focused oil and gas consulting firm.

In my opinion, Perkins Coie is in the top tier of Alaska law firms and it has been an honor over the past five years to partner not only with some of the most skilled lawyers in Alaska, but also the nation. Eric Fjelstad, the Managing Partner of the firm’s Anchorage office, is the best environmental and resource project lawyer with whom it has been my privilege to work at any point in my career and I look forward to continuing that relationship as future opportunities arise.

But there are certain limitations that come with that territory. Continue reading →

As reported on these pages, yesterday the Government of Norway announced that it was increasing its oil tax rate a moderate amount.  In reporting on the increase we explained that it had to do mostly with the Government’s attempt to balance activity between the country’s petroleum and non-petroleum sectors  and warned that the increase had very little relevance to Alaska’s continuing debate over oil taxes.

Indeed, if there is any relevance, the Government’s action re-enforces Alaska’s use of oil taxes to affect economic activity.

As reported in the story by Financial Times on the increase, and as we explained in the column yesterday, the Government is enacting the tax increase consciously in order to slow activity in the oil sector.  “Projects in Norway’s offshore sector, which accounts for a fifth of the country’s gross domestic product, have run into huge delays and cost overruns, reducing government revenue ….” Continue reading →

I should have realized something was happening yesterday morning when I started receiving emails about my morning blog post on the UAA controversy shortly after it was published.   I hardly ever receive email on a blog post and certainly not so quickly after it is posted.  But first there was one, and then there were more emails, some providing leads on where I should look next.

By the end of the day, the number of hits to the blog set an all-time record (over 200 in total, 184 on the UAA post alone) and I had received more emails than on any previous topic.  All were supportive; none were critical of the piece or attempted to defend Chancellor Case or Dr. Cobb.

Now, I don’t claim to be a citizen journalist and the time that I have to spend on these posts is limited, but after looking at some of the things I was sent — all from people in Alaska — I would say that the issue of UAA funding — and whether Dr. Cobb or the legislative appropriations process deserves credit for UAA’s DII success — is a target rich environment. Continue reading →

Readers of these pages will be familiar with the recent controversy surrounding University of Alaska-Anchorage Athletic Director Dr. Steve Cobb.  If not, a quick grounding is available from the Anchorage Daily News (see “State hockey association approves vote of no confidence in UAA athletic director,” Apr. 20, 2013, and “Former players issue vote of no-confidence in UAA athletic director,” Apr. 23, 2013).

I have written during the week on this page (and my shorter takes blog)  about the significance of the controversy from the perspective of Alaska fiscal policy.  This issue has arisen at a time when the central question facing Alaska state government increasingly is “where can we cut the state budget.”  

The University system is a significant consumer of state spending and this situation raises the question of whether the University is doing all that it can to limit its call on state funds.  As I wrote in an earlier piece, athletics is often a front door through which potentially significant private donors enter a university. Continue reading →

As those who follow my Twitter and Facebook pages already know, sometimes I come across articles or commentary that I find of interest, but which don’t necessarily make it onto these pages  because of either time or space limitations.  I do, however, post or link to them on those sites and, over time, they have developed something of a following of their own.

To help bring some focus to the branding, I have set up a Facebook page for “Thoughts on Alaska Oil & Gas,” where I will post links and comments to such articles and commentary in the future.  I also have put a link to both that page and my Twitter on the right hand side of this blog, which will carry the most recent posts and a link if readers are interested in more.  For those interested in fiscal policy, I contribute occasionally to a Facebook group, “Alaskans for a Sustainable Budget,” which some readers also may find of interest.