Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : THE WHITE HOUSE -- Ignore unavailable to you. Want to Upgrade?

To: pompsander who wrote (21707)	9/3/2008 12:26:24 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 25737

I am still a huge fan of the tough political/economic decision that Governor Palin made --- to push the new natural gas pipeline process through to actualization over the obstructive (& greedy, IMO) tactics of Exxon and BP. She brought the state legislature around to majority support on a plan (opposed by Exxon, BP...) to accept the proposal of TransCanada --- DESPITE THE FACT that the Canadian plan required an initial subsidy from the State... because in the LONG-RUN it offers to be much more profitable for Alaska (and also better for the goal of American 'energy independence'.) The 'Canadian route' will bring nat. gas down to the American Mid-West region --- major hub for national distribution and also the ONLY American region that the US Dept. of Energy states is chronically 'energy short'. By utilizing a land corridor (instead of Exxon/BP building a shorter pipe to an Alaskan port, where they could construct liqification facilities and export American natural gas to the highest bidders in the Pacific Rim) she assures the gas for sale into AMERICAN MARKETS. It ALSO means that future Canadian gas production from the Yukon can come down to the lower 48 because of the continental pipeline as well. :-) Pretty shrewd, and VERY tough politics. Rejecting a Big Oil offer of a 'free' pipeline, for one that the State has to pony-up for. Exxon and BP will not be forgetting her....