Help! Help! We Can’t Find Sarah Palin!
Exxon has had some challenges in Alaska in the past. Remember that whole oil spill thing? Well, that was no walk in the park. Exxon and their legal help (including now-Governor Sean Parnell) had a devil of a time with those annoying fishermen. But finally, they ruled the day, and the Supreme Court whittled down the original $5 billion settlement to a mere $500 million owed to those whose livelihoods were damaged by the spill. And if more than 20 years of fighting feisty fishermen wasn’t enough, now they actually have to try to find all those people to whom…
Palin’s “Hungry Markets” Not So Hungry. (Updated – Andrew Halcro Weighs In)
In several recent interviews, Governor Sarah Palin has told the country about the importance of getting “Alaska’s rich natural resources to hungry markets” in the Lower 48. And she’s been celebrating a new alliance between Trans-Canada Corp., and Exxon to build Alaska’s huge $26 billion dollar gas pipe line project. In light of all this buzz, it was interesting that an article just came out in The Financial Post, with the ominous title “Demand for Arctic Gas Dries Up.” The North American natural gas industry is “overbuilt,” pointing to weak prices for a long time, said [Steve] Letwin, Houston-based executive…
Alaska and Exxon – A Romance Rekindled.
It’s been a while since we’ve had a good episode of Mudflats Theatre. This one’s a romance, although I don’t know if it’s a good “date night” movie. The scene opens in the bedroom. (I promise, this is rated G….well….PG) We see a couple in bed. They are wrapped in a sheet. She’s nestled in the crook of his arm. The scene seems peaceful, and we understand immediately that there is a bond between these two lovers. There is a story here. “Mmmmm. What are you thinking?” she asks, in a sort of dreamy soothing voice. “Oh…I don’t know. It’s…
Palin Matchmakes for a Gas Line
By Shannyn Moore Governor Sarah Palin is sleeping with the enemy of many Alaskans. Her trip to Houston, Texas to discuss a merged project with TransCanada and Exxon Mobil betrays Alaskans still reeling from last year’s devastating Supreme Court verdict. It flies in the face of anyone with a memory of 20 years let alone last June. Exxon promised to “make Alaskans whole” and they never did; just another broken promise piled on top of all the others. Last year, Palin’s AGIA (Alaska Gasline Inducement Act) passed into law, awarding TransCanada $500 million in state funds to build the 1,700…
Palin, the Pipeline, and Exxon
Rumors were circulating last night, but it looks like its going to be official. Palin tweeted about her conversations with Alaska’s congressional delegation and the need to flow Alaska’s gas to “hungry markets,” and guess who’s going to help? The pipeline company TransCanada announced today that it has an agreement with Exxon Mobil Corporation to work together on an natural gas pipeline from Alaska to the Lower 48. “We are pleased that TransCanada and ExxonMobil have reached agreement on initial project terms to progress this exciting initiative,” Hal Kvisle, TransCanada president and chief executive officer, said in a written statement….