8/29/08 Palin interview with Bartiromo - excerpt

"...PALIN: HERE IN ALASKA OIL PRODUCTION IS SO SIGNIFICANT. ABOUT 85% TO 90% OF OUR ENTIRE STATE BUDGET IS BASED ON THAT BARREL OF OIL AND THE PRICE THAT IT DRIVES, AND OUR STATE REVENUE IS, AGAIN, SO RELIANT ON THE PRICE OF A BARREL OF OIL.FOR SUCH A GREAT PART ALSO ALASKAN JOBS ARE CONTINGENT UPON VERY AGGRESSIVE PRODUCTION OF OIL AND NATURAL GAS UP HERE IN ALASKA.SO --

BARTIROMO: AND PROBABLY THE LOWER 48 STATES.IT'S A RIPPLE EFFECT.

PALIN: ABSOLUTELY. AND ALSO THE RIPPLE EFFECT, MAY AS WELL TALK ABOUT THIS ALSO, ISOUR BELIEF TOO THAT AS MORE DOMESTIC SUPPLIES OF ALASKAN ENERGY FLOW INTO THE HUNGRY MARKETS, NATURALLY WE BELIEVE THE PRICE OF ENERGY WILL DIMINISH ALSO.IT WILL DECREASE, AND THAT WILL BE GOOD FOR THE ECONOMY AS A WHOLE.BUT VERY, VERY IMPORTANT TO THE ENTIRE U.S. ECONOMY.SPECIFICALLY HERE IN ALASKA, THOUGH.MY GOODNESS.IT IS WHAT DRIVES OUR ECONOMY.

BARTIROMO: SO HOW IMPORTANT ARE THE OIL AND GAS INDUSTRIES?BUSINESSES TO ALASKANS.

PALIN: VERY, VERY IMPORTANT.CONOCO PHILLIPS, EXXON, BP, YOU KNOW, WE BUTT HEADS QUITE A BIT WHEN IT COMES TO THE SOVEREIGNTY HERE OF OUR STATE.ALASKA IS SET UP UNLIKE ANY OTHER STATE IN THE NATION WHERE OUR STATEHOOD COMPACT ACT AND OUR STATE CONSTANT TOOUGS LAYS OUT FOR US WHO OWNS THE RESOURCES AND UNLIKE OTHER STATES IT'S ALASKANS, THE RESIDENCE WHO LIVE HERE WHO OWN THE RESOURCES UNDERGROUND.SO AS THEY'RE TAPPED, AS THEY'REPRODUCED, ALASKANS SHARE IN THE WEALTH THAT'S DERIVED FROM THE PRODUCTION OF THESE RESOURCES. SO THE OIL INDUSTRY, THEY'RE OURPARTNERS HERE. THEY HAVE THE LEASE IS THE RIGHT TO DEVELOP THE RESOURCES BUT ALASKANS OWN THE RESOURCES. SO THAT NATURALLY CREATES SOME TENSION IN WHO OWNS WHAT AND WHO CAN CONTROL WHAT. BUT OUR POSITION OF STRENGTH IN MY ADMINISTRATION WE KNOW IS OUR STATE CONSTITUTION THAT, AGAIN, LAYS OUT FOR US WHO ACTUALLY OWNS THE RESOURCES.THAT'S THE ALASKAN RESIDENTS. AND I WILL DO ALL THAT I CAN TO PROTECT THE ALASKAN RESIDENTS AS WE DEVELOP. BUT AT THE SAME TIME WE RECOGNIZE THAT THE BIG OIL INDUSTRY THAT IS HERE, THEY DO HAVE THE RIGHTS AND HAVE HAD THE RIGHT FOR MANY YEARS NOW TO DEVELOP THOSE RESOURCES FOR US AND WITH US..."

Link: http://www.cnbc.com/id/26462569

together.

:eyes:

:rofl:

after all, she returned "home" to the meth capital of Alaska (just fyi ...) ... ;)

...are unable to do so because uh some people out there in our nation, uh, don't have that... and uh, such as, uh...

:rofl:

Their citizen owned resources sounds a bit like Venezuela to me, she a commie!

geez, it is mighty difficult to interpret your "gibberish"!

:evilgrin: :puke:

:dem:

...that the citizens of Alaska and the oil companies are partners in RIPPING US ALL THE HELL OFF?!

I bet people in the audience will laugh. I laughed reading this nonsense. She is all about AK and NOTHING else. And since when did Alaska residents take ownership of all of that oil? If I move there do I get automatic ownership rights?

Palin is an absolute train wreck.

It's just the liberal media out to get her because she's a moose hunting, drill crazy, apocalyptic, scheming, controlling, vindictive, petty, republican woman of christ.