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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: Geoff Altman who wrote (254693)6/17/2008 12:42:14 AM
From: Snowshoe  Respond to of 793877
 
>>the state of Alaska is begging McCain to allow drilling in ANWR<<

According to the Alaska Statehood Act, Alaska gets 90% of the royalties for mineral extraction on federal lands. If Florida and Texas got that kind of deal, they might be a lot more interested in offshore drilling! ;>)

Note: Recent ANWR development bills have proposed a 50/50 royalty cut between Alaska and the feds. This issue might become an epic Supreme Court battle someday.