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To: hosepipe
"Sarah Palin got the issue off the dime"

Not hardly. First off, the nat gas pipeline had never been a political football. The Alaska gas and the cost of shipping could never compete with the price of gas produced in the lower 48. That is why the nat gas was classified as "stranded".

It was the first ever US natural gas shortages in 2000-2001(remember Enron) that pulled the trigger. It was those shortages that allowed Sen Murkowski to get Alaska Natural Gasline Act of 2004 thru congress, and that act contained the loan guarantees, the price floor supports, and fast-tracking the enviro studies.

So Murkowski then runs for Gov so he can bird-dog the project thru the Alaska govt. Keep in mind, he has already negotiated the deal with the oil companies before he takes office and this became the Stranded Gas Act. And just like the current bill, Alaska would take and an equity position in the pipeline, so Alaska could make money coming and going

Then Katrina comes along and takes out a lot of the nat gas supply in the Gulf of Mexico, setting off another nat gas shortage and huge price increases.

Into that situation Palin steps and says the deal that Murkowski made is no longer good enough, she could do better.

She tried, but nobody but TransCan would bid the job. In the meantime, because she delayed the project, the costs went up and the loan guarantees were no longer adequate. TransCan had several open seasons and none of the oil companies would submit or commit because they didn't want to stick their neck out and have Palin cut it off with a tax increase.

So it died and she resigned, leaving Parnell holding the bag.

As many have said, Palin's Gasline Inducement Act should have been called Palin's Gasline Coercement Act

15 posted on 02/19/2014 1:54:49 PM PST by Ben Ficklin
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To: Ben Ficklin

Bull I live there.. (Alaska).. Oil Companies controlled this issue until Palin got elected..
Controlled meaning bought off politicians both parties..

Palin as Gov.. prosecuted some republicans sent trauma thru the establish ranks..
SOoo they(Oil Companys) paid mostly democrats to drag her thru the mud...
Spurious......... made up MUD.................... AND STILL ARE.. today..

Karl Rove toadies are embedded among many conservative ranks..
The Murkowskis are no better than McLaim or Graham..
At least Begich SAYS he’s a democrat.. the evil bastard that he is..


16 posted on 02/19/2014 3:37:50 PM PST by hosepipe (This propaganda has been edited to include some fully orbed hyperbole..)
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