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• Monday, September 15, 2008 08:44 PM

  Why no mention of British Petroleum, aka BP?

  Odd that a story about Todd Palin would leave out that rather critical fact - the guy is a long-time employee of British Petroleum, who has great interest in seeing Alaskan natural gas (leases held by BP) shipped down to Alberta for tar sand processing - and no, Sarah Palin's pipeline deal is not intended for the lower 48.

  Why can't the press bring themselves to cover this story? Palin's Pipeline to the Tar Sands is designed to benefit the wealthiest corporations and investors on the face of the planet, and will be an environmental disaster that will do nothing to ensure U.S. energy security.

  In fact, now that the economy has tanked, there is a steep decline in demand for fossil fuel products (thus oil drops sub $100), and that means that there is no way that tar sands projects are going to be economically viable in the near future.

  Please, go to the following links:

  http://www.adn.com/money/industries/oil/pipeline/story/420067.html

  Palin urges 'yes' vote on TransCanada pipeline plan

  TRANSCANADA: Legislators told that rejecting plan would put state at mercy of major Slope producers.

  Nice picture of the Palins consulting with one another during that meeting.

  To fill its pipeline with gas, TransCanada would need to attract big customers -- chiefly Conoco, BP and Exxon Mobil. Those companies have been reluctant to produce their gas until they know for sure how the state would tax it.

  This is hardly an independent pipeline - the suppliers and the customers are the same corporations! Exxon, BP and Conoco have gas leases in Alaska and tar sand leases in Alberta and have been retrofitting refineries to deal with heavy tar oil all across the U.S. (in the CA Bay Area, definitely).

  That's the deal that Palin engineered for BP, Exxon and Conoco - and originally, she had intended to get in bed with Warren Buffet's MidAmerican Energy to build the pipeline, but they backed out due to concerns about corruption charges:

  www.gov.state.ak.us/agia/PublicApplications/Declined/midamerican_letter.pdf -

  Funny how the world works - Buffet appears to be backing both Obama and Palin...right.

  http://www.youtube.com/watch?v=_BGE3cX3ZWQ

  Well, I guess I'm really not at all surprised that this story is getting zero coverage, outside of the oil industry journals, that is.

  —CargoCult Read CargoCult's other letters
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