Friday, September 12, 2008

Pipeline Progress - The Fact Come Out

From Keith Johnson :

Palin’s Pipeline: Pols’ Jabs at Big Oil Could Come Back to Hurt Them
Posted by Keith Johnson
But the state’s agreement with TransCanada doesn’t include any guarantees the pipeline will actually be built. And Alaska hasn’t locked up the gas needed to fill the pipeline. In that sense, Gov. Palin’s barekknuckle approach to the diversified international oil giants–steps like raising the royalty fees oil companies pay the state–may make it tougher for her to fulfill her domestic-energy promises. (LINK)

From the NY Times SERGE F. KOVALESKI and MIKE McINTIRE

Palin’s Pipeline Is Years From Being a Reality

The pipeline exists only on paper. The first section has yet to be laid, federal approvals are years away and the pipeline will not be completed for at least a decade. In fact, although it is the centerpiece of Ms. Palin’s relatively brief record as governor, the pipeline might never be built, and under a worst-case scenario, the state could lose up to $500 million it committed to defray regulatory and other costs. (LINK)


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