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Politics : View from the Center and Left

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To: Snowshoe who wrote (81485)	9/1/2008 10:34:10 PM
From: Sam	of 541731

Pretty funny: In 2006, then-Gov. Frank Murkowski made the opening play in what has become a tense legal chess match, moving to reclaim the more than 100,000 acres of leased state land at Point Thomson with an eye toward offering it to companies more eager to produce. Gov. Sarah Palin, who succeeded Murkowski, has taken over the match he started. Exxon and the other oil companies sued the state in an effort to preserve Point Thomson as a cohesive unit and hang onto the leases, which would expire if the unit is dissolved. EXXON'S PLEDGE Exxon made another big move last month, unveiling its $1.3 billion plan to drill five wells starting next winter and produce 10,000 barrels a day of liquid natural gas, known as condensate, by 2014. It's the 23rd development plan Exxon has offered for Point Thomson over the years. Exxon executives insist this one is different, saying state officials can trust the leaseholders to carry it out fully. Message 24442094 They are so trustworthy.

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