Bloomberg: Alaska’s Palin, Miss Congeniality, Makes Exxon, Conoco Comply

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	Bloomberg: Alaska’s Palin, Miss Congeniality, Makes Exxon, Conoco Comply

merrie

9-7-2008 7:16 AM

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tags:

exxon mobil corp, bp, chevron, conoco-phillips

merrie says:

“We’ve got to play hardball,” says Republican Palin, 44, in a (Bloomberg) interview. Alaska relies on the energy industry for 85 percent of tax revenue and 33 percent of jobs. “The time is right to develop these resources because of the price of fuel.”

Like I say, don’t underestimate Sarah Palin.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color:#e5e5e5;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/6c0a4139-4a48-4f51-a0b7-11f3415c05b8/A8E3A563-F873-4C69-BAF2-27817C9767EF/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.israpundit.com/2008/?p=2525" href="http://www.israpundit.com/2008/?p=2525" style="font-size: 11px;">www.israpundit.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.israpundit.com/2008/?p=2525">Alaska Governor Sarah Palin, a former beauty pageant winner, is succeeding where Venezuela President Hugo Chavez, a former paratrooper and military coup leader, so far has failed.
<P>Palin threatened to evict Exxon Mobil Corp., the world’s biggest oil company, and partners BP Plc, Chevron Corp. and ConocoPhillips from a state-owned gas field, winning their promise to increase Alaska’s natural-gas output 17 percent. She raised taxes on oil profits by $1.5 billion a year and rejected industry ownership of a $25 billion pipeline.</p> <P>Politicians and energy companies are haggling for revenue with oil around $100 a barrel. Exxon and partners say higher taxes may lead to fewer investments in Alaska, home to the second-largest U.S. reserves behind Texas. None has quit the state. Exxon and ConocoPhillips last year left Venezuela rather than accept lower profits when Chavez seized oil fields.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/A8E3A563-F873-4C69-BAF2-27817C9767EF/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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