Busy Sarah Palin Backs Out of CPAC; Rush Limbaugh Is Still Speaking

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

Omaar of GA 8:59AM June 22, 2009

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

Omaar of GA 6:51PM March 17, 2009

well GODLY sarah should become a preacher - no room for preaching in government - all she did was preach or call names - zero substance - limbaugh is a provocative entertainer - he could headline in las vegas - i think he is either taking too much or too little oxycontin - braindead for years - truth has nothing to do with either of these folks - pete

40,.000,000 contract - i guess he will be paying the taxes i would have paid - thanks rush [interesting name for a drug addict/dealer]

peter margaritondo of FL 7:40PM February 28, 2009

Sarah Palin, is the real deal...biblically, she is a "goodly woman". She wss not preped for the vile, hate mongers to whom she was subjected; but, the vicious lies and unrelenting slim machines couldn't pull her down. Palin kept her dignity, poise and faith throughout the campaign and flew back to her beloved Alaska as a American Treasure.

Nellie of CA 7:57PM February 27, 2009