Busy Sarah Palin Backs Out of CPAC; Rush Limbaugh Is Still Speaking
By Paul Bedard, Washington Whispers
The opening-day headliner for the annual CPAC conservative convention February 26-28, Alaska Gov. Sarah Palin, has pulled out, citing state business in Juneau. "We're obviously disappointed," said a CPAC official. A spokesman for the three-day confab, organized by the American Conservative Union Foundation and others, said that Palin, the popular former vice presidential nominee, had indicated she would be able to attend but cited "duties of governing" in bowing out. Instead, she will send in a taped message. The decision was clearly a blow to many of those planning to be there, who expected to see Palin address the group on the opening day and Obama foe Rush Limbaugh wrap up the convention. Limbaugh is confirmed to speak on Saturday, February 28. One conservative associated with the convention said Palin, who earlier this month attended the prestigious Alfalfa Club dinner, was "making a mistake" by not appearing in person. But another said that the taped message, while lacking the wow factor of an in-person presentation, showed that she was still keen on keeping close ties to the conservative movement as she builds her political action committee, SarahPAC, and considers her national career in politics.
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Tags: CPAC | Rush Limbaugh | Sarah Palin
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Reader Comments
Sarah Palin is a Hollow,Floating,Bubble
BP-Conoco Does not Need Exxon.
Trans-Canada is simply the makers of the [Pipeline]
They have No Gas Land Leases at all.
Palin is a Hollow Floating Bubble...Period
She gave 500 Million to a Pipeline Maker who would Need [26 Billion $$] to just make the Pipeline without Gas,to run through it...
Duh-Dumb
Exxon just Agreed to become a part of Trans-Canada and the Project is still in the [Air] they need 25 1/2 Billlion $$ to get this thing up and Running, they Need...
[Government Money]
Exxon & Trans-Canada knows this and that Hollow,Floating Bubble [Sarah Palin] Knows it as well.
The Witch is Dumb
The ultimate idea for Sarah
I have the ultimate pr/idea for Sarah to start making a difference in people's daily lives....a definite action plan, and this would get major attention! For an innovative, fresh idea, who can I get this to?
Sarah Palin: The Canada-Alaska Gas Pipeline Facade, Chirade and Illusion !!
http://www.portfolio.com/executives/features/2009/03/17/Governor-Palins-Big-Energy-Battles?page=2#page=2
There is a considerable gap between the image Sarah Palin tries to project and the Reality that underlies it. In sometimes startling fashion, her DEEDS often BELIE HER WORDS. And as I learned on a recent visit to Alaska, nowhere is this more evident than in the story of the still-Chimerical Gas Pipeline.
There are certain basic facts about Alaska: It’s big, it’s Beautiful, it’s far away, the winters are Cold and Dark, and it far Exceeds the National Average in such Categories as Suicides, Alcoholism, Wife Beatings, Child Abuse, School Dropouts, and Percentage of the Population likely to be found Bearing one or More Loaded Firearms at Any Given Hour of the Day !!!
But the most important fact about Alaska—the one that has done more to determine its destiny than all the others—is that underneath it lies a ...
Whole Hell Of a Lot of OIL !!
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The first thing I learned about the pipeline was that the reason nobody had built it in 30 years was that nobody could have made any money by doing so. Here’s how it works: You decide to build a pipeline to carry gas from Point A to Point B, and you spend a couple of years scoping out a route and putting together a cost estimate.
Whoever has gas to commit in advance to shipping it through your pipeline for, let’s say, 25 years. Once you’ve signed up your shippers, you go to a bank, and the bank loans you the money you need to build the pipeline. Once you have your financing, you go to the Federal Energy Regulatory Commission in Washington and ask for a permit. They check your shipping commitments, your financing, and about a zillion other things, and if they like the way things look, they issue the permit. Then you build the line, and the gas starts to flow and keeps flowing for 25 years or more, and everybody makes a ton of money.
But with natural gas selling for less than $2 per million British thermal units, or MMBtu—which it had been for about 50 years—there was no way to make money building a $40 billion pipeline to carry it all the way from the North Slope of the Brooks Range in Alaska to Chicago, or Green Bay, Wisconsin, or Burnt Chitlin, Louisiana. Only in the past 10 years did the price climb above $3 per MMBtu, the lowest possible number at which an Alaskan pipeline might be feasible, according to experts in the natural-gas sector. (After spiking to more than $12 last summer, by February gas was down to about $4.75.)
Big Note: In Alaska, another factor came into play. The gas was controlled by the same three companies—[[Exxon Mobil, BP, and Conoco-Phillips]]—that were producing the Oil at Prudhoe Bay.
By injecting it into their oil wells to increase pressure, they’d been using the gas to up the production of oil, a far more valuabl
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