The reason we have a hard time becoming excited about #AKLNG. Even under best-case ("base") cost assumptions, price levels exceed projected (futures market) JKM levels. Materially worse at more realistic cost levels. #akleg
This Wk's Top 3 | Burning a hole in their pockets, SB274 ignores the fundamental problem & lots of numbers, but the #AKLNG advocates are failing the assignment. #akleg T'row, 6:05a on the Michael Dukes Show at buff.ly/j5LU9X7
Even though it's not projected to be available until 2031, we have also started including Wood Mackenzie's recent projection of the delivered cost of #AKLNG Phase I. At 2031 start-up date, projected AKLNG Phase I price is 68% ⬆️ Asia.
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This Wk's Top 3 P'cast | What the NPRA sale means for Alaska, the source and extent of the problems #AKLNG is facing in the #AKLEG & the upcoming challenges the #AKLEG faces in finalizing the FY27 budget.
In-state demand is ~5-10% of total #AKLNG volumes. While lowering property taxes would reduce in-state costs, it would also MATERIALLY lower the state's take on the remaining 90-95% of vols. NO analysis of why THIS LEVEL of tax reduction is NECESSARY to attract capital. #akleg
This Wk's Top 3 P'cast | What the NPRA sale means for Alaska, the source and extent of the problems #AKLNG is facing in the #AKLEG & the upcoming challenges the #AKLEG faces in finalizing the FY27 budget. buff.ly/A6xwJ7l
This Wk's Top 3 P'cast | What the NPRA sale means for Alaska, the source and extent of the problems #AKLNG is facing in the #AKLEG & the upcoming challenges the #AKLEG faces in finalizing the FY27 budget.
🤷 Our sense, after Wednesday's #akleg hearing, of how the Administration landed on a delayed 6-cent volumetric property tax rate for the #AKLNG project v. the Constitution's "maximum benefit" standard.
This Wk's Top 3 P'cast | What the NPRA sale means for Alaska, the source and extent of the problems #AKLNG is facing in the #AKLEG & the upcoming challenges the #AKLEG faces in finalizing the FY27 budget. buff.ly/A6xwJ7l
This Wk's Top 3 P'cast | What the NPRA sale means for Alaska, the source and extent of the problems #AKLNG is facing in the #AKLEG & the upcoming challenges the #AKLEG faces in finalizing the FY27 budget. buff.ly/A6xwJ7l
This Wk's Top 3 P'cast | What the NPRA sale means for Alaska, the source and extent of the problems #AKLNG is facing in the #AKLEG & the upcoming challenges the #AKLEG faces in finalizing the FY27 budget. bgkeithley.substack.com/p/the-weekly...
This Wk's Top 3| What does the NPRA lease sale mean for Alaska, the problem with #AKLNG & the building challenge with the FY27 budget. #akleg T'row, 6:05a on the Michael Dukes Show at www.facebook.com/share/1GTeXa...
Even though it's not projected to be available until 2031, we have also started including Wood Mackenzie's recent projection of the delivered cost of #AKLNG Phase I. At 2031 start-up date, projected AKLNG Phase I price is 72% ⬆️ Asia.
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Even though it's not projected to be available until 2031, we have also started including Wood Mackenzie's recent projection of the delivered cost of #AKLNG Phase I. At 2031 start-up date, projected AKLNG Phase I price is 75% ⬆️ Asia.
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Even though it's not projected to be available until 2031, we have also started including Wood Mackenzie's recent projection of the delivered cost of #AKLNG Phase I. At 2031 start-up date, projected AKLNG Phase I price is 75% ⬆️ Asia.
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Even though it's not projected to be available until 2031, we have also started including Wood Mackenzie's recent projection of the delivered cost of #AKLNG Phase I. At 2031 start-up date, projected AKLNG Phase I price is 65% ⬆️ Asia.
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Even though it's not projected to be available until 2031, we have also started including Wood Mackenzie's recent projection of the delivered cost of #AKLNG Phase I. At 2031 start-up date, projected AKLNG Phase I price is 65% ⬆️ Asia.
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Even though it's not projected to be available until 2031, we have also started including Wood Mackenzie's recent projection of the delivered cost of #AKLNG Phase I. At 2031 start-up date, projected AKLNG Phase I price is 62% ⬆️ Asia.
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🤔 #AKLNG not included in the initial round. To work, financing from Japan AND Korea AND others is necessary. #akleg #aklng www.bloomberg.com/news/article...
Even though it's not projected to be available until 2031, we have also started including Wood Mackenzie's recent projection of the delivered cost of #AKLNG Phase I. At 2031 start-up date, projected AKLNG Phase I price is 58% ⬆️ Asia.
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Even though it's not projected to be available until 2031, we have also started including Wood Mackenzie's recent projection of the delivered cost of #AKLNG Phase I. At 2031 start-up date, projected AKLNG Phase I price is 55% ⬆️ Asia.
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This Wk's Top 3 P'cast| The Governor's proposed fiscal plan, how far along is #AKLNG really & rather than patting their own back, the PFC Board should be focused on generating the earnings levels the Fund should be achieving. #akleg
This Wk's Top 3 P'cast| The Governor's proposed fiscal plan, how far along is #AKLNG really & rather than patting their own back, the PFC Board should be focused on generating the earnings levels the Fund should be achieving. #akleg buff.ly/dEsqHFd
This Wk's Top 3 P'cast| The Governor's proposed fiscal plan, how far along is #AKLNG really & rather than patting their own back, the PFC Board should be focused on generating the earnings levels the Fund should be achieving. #akleg buff.ly/dEsqHFd
This Wk's Top 3 P'cast| The Governor's proposed fiscal plan, how far along is #AKLNG really & rather than patting their own back, the PFC Board should be focused on generating the earnings levels the Fund should be achieving. #akleg buff.ly/dEsqHFd
This Wk's Top 3 P'cast| The Governor's proposed fiscal plan, how far along is #AKLNG really & rather than patting their own back, the PFC Board should be focused on generating the earnings levels the Fund should be achieving. #akleg buff.ly/dEsqHFd
This Wk's Top 3 P'cast| The Governor's proposed fiscal plan, how far along is #AKLNG really & rather than patting their own back, the PFC Board should be focused on generating the earnings levels the Fund should be achieving. #akleg buff.ly/dEsqHFd
This Wk's Top 3| Dunleavy's fiscal plan, how far along really is #AKLNG & the Permanent Fund Board members pat themselves on the back, but should they be? #akleg
T'row, 6:05a on the Michael Dukes Show at buff.ly/apdhFPi
Even though it's not projected to be available until 2031, we have also started including Wood Mackenzie's recent projection of the delivered cost of #AKLNG Phase I. At 2031 start-up date, projected AKLNG Phase I price is 53% ⬆️ Asia.
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