Posted on 02/04/2011 2:00:06 PM PST by thackney
Leading state lawmakers introduced legislation Friday to abandon a centerpiece of former Gov. Sarah Palin's administration: a state-sanctioned effort to advance a major natural gas pipeline.
The measure from Alaska House Republicans underscored the impatience and skepticism that many lawmakers have expressed about the current process and a belief the state is no closer than it was several years ago to realizing the long-hoped-for line.
Under the Alaska Gasline Inducement Act championed by fellow Republican Palin, the state promised TransCanada Corp. up to $500 million to advance a line. TransCanada won the exclusive license in 2008.
The state has reported that reimbursements so far have topped $36 million.
The company missed a self-imposed target for reaching agreements with shippers at the end of 2010...
(Excerpt) Read more at adn.com ...
Sounds like Alaska’s leadership has gone straight to hell since Palin left office.
I fully suspect that Union involvement in trying to torpedo a Palin-created effort is paramount in keeping this pipeling from being built, so as to arm an opponent in bringing it up in a debate with Palin in the future. This smacks of Democrat corruption efforts in every case where they want to attack a FEARED opponent.
...and that the local GOP has returned to being the Murkowski corruptocrats they were before Palin banished them from power.
>>>I fully suspect that Union involvement in trying to torpedo a Palin-created effort is paramount in keeping this pipeling from being built, so as to arm an opponent in bringing it up in a debate with Palin in the future. This smacks of Democrat corruption efforts in every case where they want to attack a FEARED opponent.
I think more likely reason is the boom in shale gas in recent years. This has pushed the cost of natural gas down to a point where it is probably uneconomic to transport it across vast distances when there are other low cost sources much closer to end markets.
TransCanada could also be dragging it’s feet on the pipeline while nat-gas prices are so low.
The Democrats and the Republicans in Alaska have joined forces to destroy Sarah Palin’s legacy; she threatened everything they stood for (CORRUPTION, PORK, PORK AND MORE PORK) and now they are cuddling back into their natural ways.
I have never seen a person so viciously attacked and maligned like Sarah in political history. Sick, I tell you, SICK!
Yep, I’d have to bet it’s the recent gusher of shale gas that is hitting the market and changing the economics of the pipeline.
That this venture isn’t progressing is hardly Palin’s fault, but we all know it will be attributed to her by her political enemies, no matter the reality. Corrupt politics still thrives, even in pristine Alsaka.
The Corrupt Bastards Club is back in business. I wonder how much cash Exxon and BP sloshed around the state legislature to get this going?
Where’s Alsaka?
Topple Palin at all cost ping!
That’s the same grandstanding legislature she had to fight after the 2008 campaign when she was still governor.
There are a lot of Murkowsky (i.e., Vichy) Republicans in that legislature.
- JP
That’s the same grandstanding legislature she had to fight after the 2008 campaign when she was still governor.
There are a lot of Murkowsky (i.e., Vichy) Republicans in that legislature.
- JP
I see the completion of this as a national defense or security issue, or something of that nature.
Of course, expecting the Congress or the President to think of the national interest is a little bit of a stretch, I'll admit.
Only because it was a good idea FROM Sarah Palin.
Lease A Murkowski has lost her earmarks and is throwing a temper tantrum.
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