The Dernogalizer

March 18, 2009

Palin’s Pipedream

Filed under: energy — Matt Dernoga @ 3:56 pm
Tags: , ,

I want to preface this post by saying that I’m not taking a position one way or the other whether having a 4o billion dollar natural gas pipeline in Alaska is a good idea.  I would rather us take that 40 billion and invest it in renewables, but that’s an argument for another day.  However, I read a fascinating article today about how unlikely it is that such a pipeline is ever going to happen.  Additionally incredible is that the article lays the blame very convincingly at the feet of Sarah Palin, even though she can’t stop talking about how she’s building a natural gas pipeline.  Turns out that was a lie.  I’d also like to note that the writer of this article is clearly biased against Sarah Palin, and makes that very clear all throughout the article.  I’m also biased against her, which is why I find this latest debacle hilarious.  However, when the writer is laying out the facts, they are pretty damning.  It’s pretty long, 5 pages, but I highly suggest you read the whole thing and judge yourself.  ARTICLE

Excerpts….

“Forget “Drill, baby, drill.” Sarah Palin says she’s building a $40 billion gas pipeline, which even President Obama wants. The only problem: It isn’t there. And it’s her fault.”

“To many outside of Alaska, it may therefore come as a surprise to learn that not only does such a pipeline not exist, but—even as Alaska’s deep winter darkness gives way to the first light of spring—the prospect that it will be built within Sarah Palin’s lifetime grows dimmer by the day.

“To many outside of Alaska, it may therefore come as a surprise to learn that not only does such a pipeline not exist, but—even as Alaska’s deep winter darkness gives way to the first light of spring—the prospect that it will be built within Sarah Palin’s lifetime grows dimmer by the day.”

“As Mike Hawker, the Republican co-chairman of Alaska’s House Finance Committee, told me one night in Juneau not long ago, “The only thing standing in the way of an Alaska gas pipeline is the Sarah Palin administration.””

“How better to defang the industry that had ruled Alaska like a colonial master for 40 years than to make sure its major players would be no more than spectators at the state’s next grand pageant, the building of a new pipeline that would carry natural gas from Alaska’s North Slope to what Palin called the “hungry markets” of the Lower 48?

In her zeal, however, Palin overlooked one salient fact: It was Alaska’s three largest oil producers—Exxon Mobil Corp., BP, and ConocoPhillips Co.—that controlled the natural gas the new pipeline would need if it were ever to pump anything more than hot air.

By writing the rules in a way that excluded the oil companies from the process, Palin—although she gained the short-term approval-rating points that made her seem attractive to McCain last summer—all but assured that the “largest private-sector infrastructure project in North America” would never be anything more than her personal field of dreams.”

I hope she runs for President in 2012, it would all but ensure another 4 years for Obama.

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