Friendliness With Big Oil Pays Big Dividends For Palin

Palin claims she stood up to Big Oil, but that’s not what the oil industry lobbyists who poured thousands into her last campaign would call it. For someone who thinks we can drill our way out of our problems, Palin didn’t bat an eye when it came to helping Dick Cheney’s friends in Big Oil export natural gas from Alaska.

Palin Said She Would Beg to Disagree With Candidate Who Said We Can’t Drill Our Way Out of Our Problem.
Asked by Investor’s Business Daily, “Some politicians and presidential candidates say we can’t drill our way out of our energy problem and that drilling in ANWR will have no effect. What’s your best guess of the impact on prices?” Palin responded, “I beg to disagree with any candidate who would say we can’t drill our way out of our problem or that more supply won’t ultimately affect prices. Of course it will affect prices. Energy being a global market, it’s impossible to venture a guess on (specific) prices.” [Investor’s Business Daily, 7/11/08]

Palin Supported Exporting Natural Gas While Alaska Businesses Closed Because of Shortages
Palin Backed A Two-Year Extension Of The Export License To Export Liquefied Natural Gas (LNG) To Japan And Other Asian Countries—Criticized Because Alaska’s Gas Reserves Are Declining. “Alaska producers can continue shipping gas to Asia after DOE last week approved an extension of the export license for the Kenai liquefied natural gas plant owned by ConocoPhillips and Marathon. The companies will be allowed to export up to 98.1 Bcf to Japan and other Pacific Rim countries over a two-year period through March 31, 2011. […] The application came under fire from local end-users, including gas distribution companies Enstar and the Chugach Electric Association, as well as fertilizer maker Agrium, all of which claimed the exports would exacerbate the problem of declining gas reserves in south-central Alaska. Agrium permanently closed its plant near Kenai due to an inability to find enough local supply for the facility that used 53 Bcf/year. In January, ConocoPhillips and Marathon reached a deal in which they agreed to step up development in the Cook Inlet region in return for the state’s support of the export license extension. The producers also agreed to divert gas from the LNG plant as needed to meet the peak winter supply needs of the local utilities. […] Alaska Governor Sarah Palin welcomed the DOE approval. “In these times of economic uncertainty, this is great news for the state and its residents. This extension will secure a future for the LNG operation and is another step toward ensuring energy supplies and energy security for Alaska,” the Republican governor said. [Platts Inside FERC, 6/9/08]

Agrium Closed Manufacturing Plant Because Of Gas Shortage. “Reserves of gas in producing fields in Southcentral Alaska are declining, posing concerns for supply to local utilities. A manufacturing plant on the Kenai Peninsula owned by Agrium Corp. recently announced it would close because the gas shortage.” [Alaska Journal Of Commerce, 11/25/07]

Gov. Palin: Agrium Closure Is Unfortunate. “Agrium announced yesterday that the plant will close in December due to a shortage in the supply of Cook Inlet natural gas, leaving about 100 of the 140 employees without employment. ‘It’s unfortunate to see the closure of a facility that has provided so many jobs that support families on the Peninsula,’ said Governor Palin. ‘I am heartened to hear that Agrium is willing to keep its options open if sufficient long-term supplies of gas can be found. We know there is more gas to be found and developed in Cook Inlet, so I remain hopeful that those jobs can be preserved.’” [Palin press release, 9/26/07]

Palin is Close to the Oil Industry
Sierra Club Director Carl Pope Said “No One is Closer to the Oil Industry Than Governor Palin.” “No one is closer to the oil industry than Governor Palin,” said Carl Pope, executive director of the Sierra Club in comments reflecting the views of a cross section of environmental activists. They cite her eagerness to embrace expanded offshore oil development, her lawsuit against further protection of polar bears so as not to hinder oil drilling in Alaska’s ice-filled waters and her ardent support to allow oil companies into the Alaska wildlife refuge. [Associated Press, 8/30/08]

Palin Took $13,000 from Lobbyists Representing the Oil Industry in Her 2006 Campaign for Governor. The lobbyists who donated to her campaign represent a range of industries, including oil and gas, tobacco, education and the Native Alaskan community. “She’s fought oil companies and party bosses and do-nothing bureaucrats and anyone who puts their interests before the interests of the people she swore an oath to serve,” Mr. McCain said Friday at an Ohio rally to introduce her as his running mate. But since Mrs. Palin leads a major oil-producing state, that industry is one of her top donors. She collected nearly $13,000 from lobbyists who represent oil and gas industries in her primary and general campaigns, according a review of her campaign donations and 2006 registered state lobbyists. [Washington Times, 9/1/08]

Palin Cut Funding For Renewable Energy
2007: Palin Vetoed $20 Million Toward A Fire Island Wind Farm Project. “[Sen. Hollis] French and [Anchorage Mayor Mark] Begich both lamented the [Palin] veto of $20 million toward a Fire Island wind farm project and connecting transmission lines. That money was part of Railbelt Energy Fund cash that Palin said she doesn’t want to spend until a study on energy needs is finished.” [Anchorage Daily News, 7/30/07]

2008: Palin Cut $20 Million For Chugach Electric Association Wind Farm. As part of a large package of budget cuts, in June 2007, Gov. Sarah Palin, R-AK, cut $20 million in funding for a Chugach Electric Association wind farm. The funding was expected to come from a fund called the Railbelt Energy Fund. Palin said she cut the $20 million because she wanted more information before dipping into the Railbelt Energy Fund. [Anchorage Daily News, 6/30/08]