More that Palin doesn't understandPosted By Paul McCarty |
When I lived in Alaska (10 years), 2/3rds of their production went straight to China and Japan. They actually had some sort of fee they were charged to ship it to the US. This was during the 1990's and I don't expect it has changed much.
Don't be fooled. The pipeline is not for the US. That oil goes into the international market.
I hear she is bringing some sort of natural gas bill that will allow the companies to ship 90% of their production onto the international market instead of keeping for the US. They are currently limited in what they can export. I do not know much about it though. If anyone does please chime in.
Don't be fooled. The pipeline is not for the US. That oil goes into the international market.
I hear she is bringing some sort of natural gas bill that will allow the companies to ship 90% of their production onto the international market instead of keeping for the US. They are currently limited in what they can export. I do not know much about it though. If anyone does please chime in.