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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 382.95-0.8%4:00 PM EST

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To: Snowshoe who wrote (58575)12/2/2009 4:58:30 PM
From: koan  Read Replies (1) of 217740
 
>>I think they'll it hold it hostage until Alaska backs off on the tax regime...>>

The Republicans have been giving away Alaska's money, with too low taxs, on the oil companies for 30 years e.g. the ELF tax whihc was bribary for the permanent fund legislation.

As you know about a dozen Republican legislators have been indicted for bribary and several convicted and are in jail.

Not one democrat took bribes!

If a good governor were in there s/he could play some hardball with the oil companis, but Parnell will do what the oil companies want.

OIl companies are lying about the cost of getting the heavy oil out, it ranges between $20 and $50 a barrel. The oil companies lie about everything.

I was the Valdez oil spill coordinator for the dept of H and ss and the governors office and had to deal with that vermin every day. Lothsome lot.
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