From the Anchorage Economic Development Corporation:
AEDC is excited to announce the 2012 AEDC Resource Extraction 10-Year Project Projection will be released onMay 2nd at 4:30pm the Downtown Marriott Hotel sponsored by Northrim Bank. The report focuses on the current state and economic outlook of the mining and oil & gas industries over the next 10 years.
The event will feature addresses from Senator Lisa Murkowski and SenatorMark Begich who will share their thoughts on the oil & gas and mining opportunities in Alaska over the next decade from a federal perspective.
The research for the report was provided by North of 60 Mining News editor Shane Lasley and by Dan Dickinson under contract to Petroleum News and compiled by AEDC.
This highly anticipated event drew over a hundred business professionals last year and is sure to draw an even larger crowd this year. AEDC will also release its 2011 Annual Reportfocusing on AEDC’s accomplishments and projects from 2011.
The AEDC Resource Extraction 10-Year Project Projection event will be held at the Downtown Marriott Hotel with doors opening at 4:30pm and program to follow at 5:00pm with hors d'oeuvres and no host bar.
With all the talk on Capitol Hill and Main Street about gas prices, it is critical to start discussing ways of decreasing the demand for gasoline by weaning ourselves off oil—for our energy security and our national security. This ought to be top priority for all politicians, regardless of party. It starts with dealing in facts—not fiction—about the Keystone XL tar sands pipeline and its nonexistent role in lowering gas prices.
Republican lawmakers are planning a mix of public pressure and member-to-member schmoozing to build traction for including the Keystone XL oil pipeline in a final transportation programs bill. The House-approved transportation programs bill authorizes construction of the Alberta-to-Texas pipeline. The Senate's plan omits the measure, but GOP senators want it included in a compromise package and will make the case in upcoming bicameral talks.
Gas prices have been on the rise for the past month, and financial analysts speculate that the prices for gasoline per gallon may rise to as high as $5 per gallon by summertime. But who or what is to blame? Many right wing conservatives believe Obama is to blame for the gas prices’ dramatic increase since he has not come up with legislation preventing the prices from rising. They claim Obama should be actively doing more to lower the gas prices, but what exactly is Obama supposed to do?
A conservative group backed by the billionaire Koch brothers on Thursday unveiled a $6.1 million advertising blitz in eight election swing states that accuses President Barack Obama of wasting billions of dollars on green energy. The 60-second ad from the Americans for Prosperity group accuses Obama of spending on green energy initiatives that have led to little job creation and says that some of that money has instead gone abroad.
A hearing being held Friday in Atlantic City will be the last chance for East Coast residents to speak their minds about a proposal to allow offshore drilling southeast of New Jersey.
The U.S. Bureau of Ocean and Energy Management is holding the last of eight hearings on the East Coast to accept public input on the proposed lifting of an offshore drilling ban. The hearing will be held 1 p.m., Friday in Room 301 at the Atlantic City Convention Center, 1 Convention Blvd.
Offshore federal regulators are bulking up enforcement staff and focusing more on industry safety results than on specific rules, the head of the new Bureau of Safety and Environmental Enforcement said at a meeting Thursday in Houston. Bureau Director James Watson said the agency will hire 28 additional engineers and 48 more inspectors as it works to strengthen its capabilities in overseeing the complex and quickly changing offshore drilling industry.
As a member of the Deepwater Horizon Study Group, I believe the president and the Congress need to be aware of several points regarding the catastrophic Deepwater Horizon oil spill of 2010 and what needs to happen next, short and long term. Offshore oil drilling now ongoing is extremely dangerous, has not universally incorporated what has been learned from 2010, and therefore continues to place the lives of hundreds of workers as well as the survival of coastal communities and the entire ecosystem at very high risk. This is calamity waiting to happen — to humans, to hundreds of species and to regional economies.