Facts…getting in the way of the message…constantly
It must really be tough to lie,flat out lie, and then actually have a media this time around actually check up on the words that come out of your mouth…
At a townhall event in Wisconsin on Thursday, Palin was asked by a concerned questioner whether it was true that the United States was shipping 75 percent of its Alaskan oil overseas. She responded by proclaiming it impossible, since Congress had put strict bans on the amount of oil and gas that America could export.
IMPOSSIBLE she said.
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Congress prohibited exports of Alaska oil in 1973 when the Alaska oil pipeline was built. But that ban was lifted in 1996 when there were large volumes of Alaska oil coming down from the North Slope and U.S. demand was soft.
The Alaska ban has never been reinstated.
Anyone care to guess the Party in Power of Congress at the time?
So does 75% of Alaskan oil go overseas?
When has demand been soft?
In 2005, roughly half of the oil was exported.
http://www.ipmall.info/hosted_resources/crs/RS22142_050506.pdf
50% tom. Which is most likely what would happen when we drill offshore too….
The more we learn to do without (read: be more efficient), and the more oil we can sell to other countries…..the more cash comes in. That’s called good in most economists’ terms.
Now, if we value it more than what we sold it for, then we’re schmucks.
I think the point is that the “energy expert” didn’t even know the laws that govern her own states largest energy source.
The more we learn to do without (read: be more efficient), and the more oil we can sell to other countries…..the more cash comes in. That’s called good in most economists’ terms.
bwwawhahahahahahahahaaaaa
the more cash comes in? you are kidding right…
Can someone explain to me how it’s more economical to export 50% of the oil from our own country and be dependent on the Middle East for our oil? If I export my farm-raised product for $2.00 and then have to import someone else’s farm-raised product for $6.00, how is that smart business? Nobody has explained this to me satisfactorily yet.
The crude is fungible. It is also true that Canada is really close to Canada and Russia. Or so Sarah Palin keeps saying. Come to think of it, I should check a map to see if she’s lying to me, again.
Can someone explain to me how it’s more economical to export 50% of the oil from our own country and be dependent on the Middle East for our oil? If I export my farm-raised product for $2.00 and then have to import someone else’s farm-raised product for $6.00, how is that smart business? Nobody has explained this to me satisfactorily yet.
Ann,
it’s simple. It’s because we are a democracy and we don’t tell Corporations how to do business.
Now, if we were like some countries that nationalized oil….well that’d be different…