AP INVESTIGATION: Palin pipeline terms curbed bids
By JUSTIN PRITCHARD and GARANCE BURKE, Associated Press Writers Justin Pritchard And Garance Burke, Associated Press Writers – Sat Oct 25, 12:25 pm ET
ANCHORAGE, Alaska – Gov. Sarah Palin's signature accomplishment — a contract to build a 1,715-mile pipeline to bring natural gas from Alaska to the Lower 48 — emerged from a flawed bidding process that narrowed the field to a company with ties to her administration, an Associated Press investigation shows.
Beginning at the Republican National Convention in August, the McCain-Palin ticket has touted the pipeline as an example of how it would help America achieve energy independence.
"We're building a nearly $40 billion natural gas pipeline, which is North America's largest and most expensive infrastructure project ever, to flow those sources of energy into hungry markets," Palin said during the Oct. 2 vice presidential debate.
Despite Palin's boast of a smart and fair bidding process, the AP found that her team crafted terms that favored only a few independent pipeline companies and ultimately benefited the winner, TransCanada Corp.
And contrary to the ballyhoo, there's no guarantee the pipeline will ever be built; at a minimum, any project is years away, as TransCanada must first overcome major financial and regulatory hurdles.
More:
http://news.yahoo.com/s/ap/20081025/ap_on_el_pr/palin_pipeline_1The more we dig, the more shit keeps rising to the surface. We can't be rid of her soon enough. This ignorant fundie "reformer" is just more of the same, with a sneer and faux-folksiness added for extra-nauseating effect.