“The tax increase that Gov. Palin has signed into law reduces the attractiveness of future oil developments in Alaska,” Kimberly Brasington, a spokeswoman for ExxonMobil, said after the bill passed in December. “We are re-evaluating investment plans.”
Tim Bradner, an energy industry specialist for the Alaska Economic Report, says two oil projects worth about $1 billion have been canceled because they became uneconomical under the Palin tax increase.
(snip)
“Here you are in Alaska, a state that grew rich on oil and gas, in a state where Republicans generally protected the industry,” says Persily, who worked for Palin in Washington. “Now you have Palin who comes in, says, ‘Tax ‘em,’ and the Legislature says, ‘We’ll see your tax, and we’ll double it,’ and everyone went home happy other than the oil industry. It’s a very surprising turn of events.”
Eric Croft, a former Democratic state representative from Anchorage, says, “On oil and gas, her positions are much closer to that of the national Democratic Party than of the national Republican Party.”
(snip)
In August, before she was McCain’s running mate, Palin issued a statement praising parts of Obama’s energy plan, especially his proposal “to offer $1,000 rebates to those struggling with the high cost of energy.”
http://abcnews.go.com/Politics/story?id=5786203&page=1
I did my own research on Palin. She is no conservative.