Word: oiled
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...Palin administration has also had a tendency to vilify its opponents. Hawker, whose wife works in the oil industry, says that this year after opposing the governor's tax plan on conservative economic grounds, he faced a GOP primary opponent for the first time in his career. Palin's political allies--Palinistas, as Hawker terms them--"called me 'corrupt' every...
...worked for the Palin administration say the gas team went overboard. "They had a tendency to be preachy," says Larry Persily, who worked in Palin's Washington office. "They are true believers, zealots even." Irwin defends the hard line: "People in Alaska are tired of being pushed around by oil and gas companies." Palin's approach, Galvin says, "represented a fundamental shift in the entire relationship between the state and companies...
...wouldn't be the first time a big project was held hostage by hard-line tactics, critics say. Palin's administration revoked ExxonMobil's leases of Point Thompson, a giant North Slope oil and gas field, for failing to put the area into production over three decades. Palin chided the company for "warehousing" 8 trillion cubic feet of gas. A state judge upheld the state action but said ExxonMobil and its partners should be given another chance to prove themselves. In February 2008 the company submitted a $1.3 billion plan calling for production...
...best interests of Alaskans," says McCain-Palin spokesman Taylor Griffin. Irwin is confident that the strategy will pay off. "There will be a gas line," he says. "Once the producers get over the idea they're not going to control our gas fields like they did our oil fields, they'll get involved. There are hundreds of billions in profit to be made. The economics are going to drive...
...peak in the 1980s, the oil pipeline from the North Slope carried 2 million bbl. a day. The flow is now about a third of that, and supplies are projected to dwindle further. Alaska has seen these boom-and-bust cycles before. The "seal mines" of the Pribilof Islands, the salmon canneries, the Klondike gold rush--all these short-lived booms appealed to what New Deal--era Secretary of the Interior Harold Ickes once derided as Alaska's "gambling spirit." Palin is now rolling the dice on the national stage with a political persona based in part on her willingness...