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Keyword: palinoil

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  • Palin Raised Taxes On Oil Company Profits

    08/30/2008 9:10:30 PM PDT · by RushingWater · 117 replies · 1,123+ views
    The Seattle Times ^ | August 10, 2008 | By Ángel González and Hal Bernton
    Republicans in Congress this June united to defeat a proposed windfall tax on oil companies, deriding it as a bad idea that would discourage investment in U.S. oil exploration. Things worked out far differently in the GOP stronghold of Alaska, a state whose economic fate is closely tied to the oil industry. Over the opposition of oil companies, Republican Gov. Sarah Palin and Alaska's Legislature last year approved a major increase in taxes on the oil industry — a step that has generated stunning new wealth for the state as oil prices soared.
  • Palin's Gas Pipeline Isn't Hot Air

    08/30/2008 9:18:25 PM PDT · by 11th_VA · 13 replies · 275+ views
    On Aug. 1, the same day the call for a vote on drilling began on the House floor, the Alaska state Senate approved a package of measures to license a new natural gas pipeline. ... The legislature had been trying for 30 years to authorize something like this and, up until now, had blown it. Palin got it through...