But this can’t be. I thought she was just a Mayor of some obscure fishing village?
She was. Some may think she is this supposed heavy hitter with natural instincts to the oil and gas industry, but actually, Sarah Palin's policies are really Tom Irwin's policies.
Irwin was the head of the Natural Resources commission under Murkowski, but was fired over the Irwin memo. Palin campaigned on Irwin's policies and after her win, she re-instated him.
The Alaska natural gas has been stranded there for decades. So, the question is, as natural gas is used more for electricity, has, or will, the price of natural gas rise to a consistently higher price that would allow the Alaska gas to be shipped south at a profitable price? And, if so, will that price be profitable enough that Alaska can retain 75% of the profit?
Will Congress continue to restrict the domestic natural gas supplies with their moratoriums? The Barnett Shale in Texas has become a major natural gas supply. Will the other shale gas formations scattered around the nation(and the world)turn out to equally productive?
BTW, did you notice that BP, one of those sitting on the Alaska gas, just bought a 25% stake in Chesapeake Energy, who is the prime mover in shale gas? Or, that Freeport and Cheniere, who are LNG importers is Texas, are seeking regulatory approval to re-export imported LNG?