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Blue_In_AK

(46,436 posts)
26. Alaska's Big Three oil companies are already under an obligation to produce
Tue May 1, 2012, 06:40 PM
May 2012

as part of their lease agreements, but they'd rather sit on the oil as they wait for prices to increase even more. If the state gave them more money in an effort to force them to put more oil in the pipeline, they'd just invest that money somewhere else. Luckily, our bipartisan senate shut Sean down on this one, at least for the time being.

Oil politics is quite complex here due to the fact that our Constitution states that the citizens of the state are the "owners" of the oil, so the oilies don't have to negotiate with private owners like they do in the Lower 48 oil fields. It's our governor's and legislature's responsibility to see that the citizens/state of Alaska get the maximum benefit from the development of the resources, but Sean Parnell (who was, after all, a Conoco-Phillips lobbyist before he became Sarah's lieutenant gov. and worked for the law firm that represented Exxon in the EXXON VALDEZ litigation) seems to be working for the benefit of the oil companies. He's a real piece of work, flying under the radar a bit nationally, but just as deranged as Scott Walker, Rick Scott, et al.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Love it! KT2000 Apr 2012 #1
Great pics-- janx Apr 2012 #2
"Think outside my box!" Suich Apr 2012 #3
That's the best damn sign! a la izquierda Apr 2012 #16
k&r... spanone Apr 2012 #4
The awakening has happened lunatica Apr 2012 #5
And they can Iliyah Apr 2012 #6
Arctic Jodie says, Thank you for the hat tip. ;) Arctic Dave Apr 2012 #7
She's quite welcome. :) Blue_In_AK Apr 2012 #10
awesome, blue. Kudoes to everyone. :D roguevalley Apr 2012 #8
K&R one_voice Apr 2012 #9
HUGE K & R !!! - Thank You !!! WillyT Apr 2012 #11
Awesome job, Alaska! proud2BlibKansan Apr 2012 #12
John Boner needs to ask an actual woman and more that one PatrynXX Apr 2012 #13
K&R! Love them! Thank you, Blue! countryjake Apr 2012 #14
Millennium usrname Apr 2012 #17
Go Anchorage!!!!!!!!!! felix_numinous Apr 2012 #15
Is it me or are people more and more vocal all over? nadinbrzezinski Apr 2012 #18
Women's issues are big here. Blue_In_AK Apr 2012 #19
Missing St. Sarah the Grifter? nadinbrzezinski Apr 2012 #20
You don't know Sean Parnell. Blue_In_AK Apr 2012 #21
Oil "incentives" with no guarantee to produce? Beartracks May 2012 #25
Alaska's Big Three oil companies are already under an obligation to produce Blue_In_AK May 2012 #26
My fave: I Can't Believe I'm Still Protesting This Shit! catbyte Apr 2012 #22
love it AsahinaKimi Apr 2012 #23
K&R SunSeeker May 2012 #24
Well done! Kath1 May 2012 #27
Latest Discussions»General Discussion»Photos from Anchorage's U...»Reply #26