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  • Morning Bell: Palin Powers Party Today, American Consumers Tomorrow

    Republican National Convention

    ST. PAUL — The most common headline or lead for stories about Alaska Gov. Sarah Palin’s speech last night was that she “electrified” the arena. Watching from our perch in the rafters we have to agree: Palin sent the energy in the Excel Center through the roof. For all the attacks from liberal media commentators this week, Palin proved to the nation that when it comes to the most important issue in this election, energy, she has experience and results in spades.

    The left says it wants to reduce American dependence on foreign energy, but many of them continue to demonstrate outright ignorance on the issue. Speaker Nancy Pelosi, for example, appears to be completely unaware that natural gas is a fossil fuel that requires drilling. Barack Obama is slightly better. He says he wants to drill for more gas and he says he wants to build a natural gas pipeline from Alasaka, but he never has actually done anything to make these dreams a reality. Palin’s record is different.

    For years former-Alaska Gov. Frank Murkowski tried to strike a deal with the major oil companies to construct a new natural gas pipeline. After Palin defeated Murkowski, she bypassed the oil companies entirely and struck a much better deal for the taxpayers with North America’s largest pipeline operator, TransCanada, a Calgary-based company. The pipeline is set to be completed by 2018 and will give Americans access to 35 trillion cubic feet of gas that need to be drilled from Alaska’s North Slope. The pipeline will ship 4.5 billion cubic feet of gas a day, through Canada, to U.S. markets. That represents about 7% of current U.S. demand. This pipeline will lower American consumer energy bills. As Palin said last night: “Families cannot throw away more and more of their paychecks on gas and heating oil.”

    Energy is not just an economic issue. It is also a key foreign policy issue, and Palin demonstrated she has a firm grasp on the relation between the two:

    The stakes for our nation could not be higher. When a hurricane strikes in the Gulf of Mexico, this country should not be so dependent on imported oil that we are forced to draw from our Strategic Petroleum Reserve. With Russia wanting to control a vital pipeline in the Caucasus, and to divide and intimidate our European allies by using energy as a weapon, we cannot leave ourselves at the mercy of foreign suppliers.

    To confront the threat that Iran might seek to cut off nearly a fifth of world energy supplies … or that terrorists might strike again at the Abqaiq facility in Saudi Arabia … or that Venezuela might shut off its oil deliveries … we Americans need to produce more of our own oil and gas. And take it from a gal who knows the North Slope of Alaska: we’ve got lots of both.

    The U.S. has even more natural gas off of our nation’s coasts. Pelosi and Obama are fighting to keep 77 trillion cubic feet of natural gas in the Outer Continental Shelf (OCS) off limits from production. Obama’s support for the Alaska pipeline exposes the left’s hypocrisy on this issue. The left says we can’t drill in the OCS because it will take the oil and gas five to 10 years to reach the market. But Obama’s favored pipeline won’t be finished until 2018. Applying his own logic evenly, he should be fighting against, not for, the Alaska gas pipeline.

    Developing our domestic energy resources is not the only solution to meeting U.S. energy needs. We also need to remove regulatory burdens on nuclear power and facilitate basic research on renewable energy. Palin showed she understands this, too: “Our opponents say, again and again, that drilling will not solve all of America’s energy problems — as if we all didn’t know that already. But the fact that drilling won’t solve every problem is no excuse to do nothing at all.”

    Quick Hits:

    Posted in Ongoing Priorities [slideshow_deploy]

    15 Responses to Morning Bell: Palin Powers Party Today, American Consumers Tomorrow

    1. Kirby Matheney says:

      Why were US oil companies resistant to the Alaska natural gas pipeline? Does Trans-Canada have a competitive advantage in such dealings whether it be operational efficiencies or regulatory issues?

    2. george dubendris,rum says:

      At last,someone who can refocus the USA and the GOP.Sarah Parlin is a breath of fresh air and the left wing liberals have a right to be shaking in their boots.

      What a team "Maverick and super mom".

      Look out,look out,look out.

    3. mark , Houston says:

      On Sarah Palin's financial stratagies; I read that the state of Alaska actually has a state saving's account….you hear that Biden …

    4. vicki, marco island, says:

      Biden and Obama want to do what??? I cannot believe the ignorance of this man. If those two clowns sue the President then he should counter sue them for not staying in D.C. and going on vacation when the rest of 'regular Americans' couldn't go on vacation b/c of high gas prices. Also, to include the fact that those two goons block drilling here and drilling now.

      Oh man, please lets elect people who haven't gone to Harvard or Yale!!!!!

    5. vicki, marco island, says:

      The media is going to attack her like never before since her speech last night. I think and hope that she hands them their come-upins' (midwest for butts).

    6. Pingback: Shopfloor » Blog Archive » Heritage on Energy and Palin

    7. Greg, Savannah, MO says:

      Watching Sen McCain coming out in support of Gov Palin's address last night is so special to me becuase it is symbolic of two different generations of true Americans with the same vision for our country. UNITY!

    8. John, Naples, Fl says:

      What a breath of fresh air we experienced last night when Sarah Palin electrified us with an outstanding speech. She was tremendous. A NATURAL who is all ours. She will become America's darling, if she isn't already. God Bless America!

    9. Eric, Virginia says:

      Her comment on natural gas was a bit disingenuous. Most of the gas from the TransCanada Alaska Pipeline Project will terminate in the oilsands fields of Alberta. What is left over will then enter the American pipeline and shipped south. The synthetic crude produced with "our" Alaskan gas will then be put on the global oil market, for sale to the highest bidder. NAFTA requires that Canada send the U.S. approximately 60% of their natural gas production, but has no such language regarding crude oil.

      I fail to see how this pipeline is very beneficial to continental Americans. Any revenue would likely benefit Alaskans direcly, who are already enjoying a budget surplus because of commodity prices. This appears to have been a tactic by the Republican leadership in AK to force gas leaseholders to bring methane under their lands to market. Seeing how global conventional gas production is declining somewhat, wouldn't it have been more prudent to send this gas through alternative pipelines to be constructed by BP or Chevron? Did it have anything to do with the Alaska Gasline Inducement Act? Of course TransCanada had the funds, they need to produce their tarsands no matter the political or national security costs. http://gov.state.ak.us/agia/

    10. E Paul Lian, Scottsd says:

      Now we're talking. V P Nominee Palin talked to me like no one has in the past….straight forward, with the right touch of humor, intelligence and beauty….all the while trying to adjust with a faulty teleprompter. Remember folks, it's all about salesmanship….taxes, the environment, human rights, abortion & methods are all crucial, but it's in the delivery that wins. I think the GOP has found a terrific salesman (saleswoman!).

    11. Louise, Houston, TX says:

      Sarah was not a conservative mayor of Wasilla. She wanted to ban books in the local library. She left Wasilla millions in debt when it was a solvent city when she took office. The needed infrastructure was ignored in favor of a recreation center. I believe she would be a disaster as president. In my opinion this was a huge gamble by a desperate candidate and it may prove to be a very, very unwise choice.

    12. bob,boston ma. says:

      It amazes me that we can spend a billion a week on terrorism. but nothing is done to shore up the family unit, improve heath care and educate our children. and then insult us with a $600 rebate. to stimulate us to buy. buy what, gasoline. ahhhh now i get it.

      go to the window open the window etc. etc.

    13. Darvin Dowdy, Houst says:

      I love Sarah "but" we have to win on 11/4/08 first. People are all caught up in their emotions right now and have forgotten that. We haven't won this election yet. There is still a huge segment of former GOP voters who have not been swayed by the Palin nomination. And we will need them back in the fold. Unfortunately Sen. McCain, "W" and the GOP Hierarchy have burned a lot of bridges that will have to be rebuilt. The largest bridge being the one between the GOP and Middle Americans who still believe in the concept of Sovereign Borders. Those who've suffered greatly as a result of the out-of-control invasion across the southern border. The GOP under George W. Bush allowed our southern border to be breached. To this day he doesn't understand the extreme seriousness of this shortfall. Nor does McCain.

      There's still time but my advice to the McCain/Palin campaign would be to get down and shore up the border states. Especially Texas with its 34 electoral votes. A lot of angst/anger down here. Texas is purpling and may go blue.

      DD

    14. Eric, Virginia says:

      Darvin-

      Take a look at the history of Mexico's national oil company PEMEX. They are a huge employer, probably the largest in the nation. As their gulf wells peter out, those workers will be streaming into the U.S. We need a strong energy policy that takes into account the resources of our neighbors, as well as our consumption patterns. Rebuilding our economy is not necessarily about using more energy, it's about using what we have more intelligently. There's a lot of fat and waste to cut from the system. Let's start with the cheap and easy things first. That's what I want to hear from the candidates.

    15. Jeffery L. Price, Sa says:

      Heritage Foundation, is there a lapel pin of our logo the Liberty Bell? If so I would like to purchase one. Jeff

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