Palin's Pipeline a Pipe Dream (vote, gallon, Congress, Obama)
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Palin boasts about her pipeline, her experience as a gas and oil regulator and holds them up as reasons she is qualified to be VP. Yeah right. When I first heard about this, I told people this contract only helps Canada! Check it out!
This is an example of how Sarah palin is going to help the AMERICAN people out of a fuel crisis!!
TransCanada Corp. has been awarded a state license, but still needs approval from the Federal Energy Regulatory Commission, which is years away. Canadian regulators must sign off on their portion. First Nation tribes in Canada are objecting to the proposed route. And even if it sails through financial and regulatory hurdles, TransCanada still has no obligation to build the pipeline.
If the company doesn't complete the project, it could still receive up to $500 million in state subsidies, ...
Also it points to the same old cronyism that is Sarah Palin. Sarah Palin is only about Sarah Palin. At least under the 'socialist, Marxist' (tongue in cheek)government of Obama we'll be getting something.
Palin boasts about her pipeline, her experience as a gas and oil regulator and holds them up as reasons she is qualified to be VP. Yeah right. When I first heard about this, I told people this contract only helps Canada! Check it out!
This is an example of how Sarah palin is going to help the AMERICAN people out of a fuel crisis!!
FYI: The project was put out to bid (as required by Alaska law), and an American company did not make a winning bid on the project. (they could have, but didn't) And now you want to blame Palin for that? Duh!
ANCHORAGE, Alaska – Gov. Sarah Palin's signature accomplishment — a contract to build a 1,715-mile pipeline to bring natural gas from Alaska to the Lower 48 — emerged from a flawed bidding process that narrowed the field to a company with ties to her administration, an Associated Press investigation shows.
Apparently she met with and wrote the scope of work for her buddies.
Nice try, Bud, but no cigar.
FYI: The project was put out to bid (as required by Alaska law), and an American company did not make a winning bid on the project. (they could have, but didn't) And now you want to blame Palin for that? Duh!
Bud
Quote:
Despite Palin's boast of a smart and fair bidding process, the AP found that her team crafted terms that favored only a few independent pipeline companies and ultimately benefited the winner, TransCanada Corp.
ANCHORAGE, Alaska – Gov. Sarah Palin's signature accomplishment — a contract to build a 1,715-mile pipeline to bring natural gas from Alaska to the Lower 48 — emerged from a flawed bidding process that narrowed the field to a company with ties to her administration, an Associated Press investigation shows.
Apparently she met with and wrote the scope of work for her buddies.
Nice try, Bud, but no cigar.
No. It's not so, although nobody is going to convince you otherwise. This pipeline project has been studied and changed for the past ten years or so. The previous governor had a similar proposal, but it was not passed by the legislature because it gave the impression that it was designed to benefit oil companies and others involved. This new plan (pipeline), has been redesigned, and put for bid. A Canadian company won the contract.
But it seems that some of you are out to find faults with whatever Palin has done, and to spread the misinformation around.
-As with any such project, the governor can't do anything about it without the legislature's approval. The governor, be it Palin, or anybody else is not an emperor. It also passed by a vote of the people (at the ballot box).
-For decades Alaskans have been asking for a natural gas pipeline to help Alaska's interior residents heat their homes. At the present, heating fuel is used, and sometimes a gallon of heating fuels costs around $4.00. Priced around $3.50 per gallon, it takes approximately $600.00 per month x 12 months. In some Alaska villages isolated form the rest of Alaska, heating fuel costs approximately $7.00 per gallon.
-Finally, after years and years of waiting, Palin and the legislature have done something about it. The process takes around ten years, because of all the red tape relating to environmental impact and such.
-Since you seem to be so smart, try this: call a contractor to build you a home, and tell him that you will pay him for building the home after he has built it. Go ahead, try it, and then come back here and see if he agreed to build it without cash up front. How can you believe that anybody is going to build a pipeline without payment up front? Part of this money is required for the construction licenses, environmental impact, planning, surveying, etc. Once that money is paid to the people, it's lost.
By the Nov. 30 submission deadline, there were five applications. But the state disqualified four for failing to satisfy the bill's requirements. That left TransCanada.
Quote:
TransCanada Corp. has been awarded a state license, but still needs approval from the Federal Energy Regulatory Commission, which is years away. Canadian regulators must sign off on their portion. First Nation tribes in Canada are objecting to the proposed route. And even if it sails through financial and regulatory hurdles, TransCanada still has no obligation to build the pipeline.
Quote:
If the company doesn't complete the project, it could still receive up to $500 million in state subsidies, with startup costs split evenly until the company tries to secure contracts to ship gas through the supply channel. Between the time TransCanada locks in shipping commitments and files for a federal permit, the state will pick up 90 percent of the tab even before ground is broken.
Quote:
Included in the company's bid is a proposal for the federal government to absorb up to $75 billion in liability over a 25-year period if the major natural gas suppliers refuse to ship their gas through the line, the CRS report said. Such a measure would require congressional approval.
Which could exactly be the case since
Quote:
..ConocoPhillips and BP have launched a competing project completely outside the state's process — Denali-The Alaska Gas Pipeline — that promises to get the job done more quickly.
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