Word: palin
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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...
Even some who 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...
...Palin's pressure tactics prevailed. The Republican legislature passed a measure giving TransCanada up to $500 million in seed money. Alaskans had been talking about a gas pipeline for three decades, and in less than two years in office, Palin had made almost unbelievable headway. "I fought to bring about the largest private-sector infrastructure project in North American history," she told the convention audience in September. "And when that deal was struck, we began a nearly $40 billion natural-gas pipeline to help lead America to energy independence...
...keyword. To obtain financing, TransCanada will need commitments from producers to use the pipeline. But the majors aren't likely to agree to pay someone else tariffs for pipe they could lay themselves, and this they have steadfastly refused to do without long-term tax breaks from the state. Palin's initiative was "bold but unworkable, a big splash with little payoff," says University of Alaska energy economist Doug Reynolds. He predicts no movement on a pipeline until Palin agrees to negotiate with the producers...
What's unfolding now is a game of high-stakes chicken. In response to Palin's TransCanada plan, BP and ConocoPhillips started plans to build their own pipeline into Canada--and nobody thinks there will be two pipes. Palin's critics say that the gas team's inability to find a way to include the producers from the start could delay the project indefinitely...