Oil

Palin's Connection To 'Big Oil'

Palin says the US should (and can) drill its way out of dependence on foreign oil. She has presented herself as a challenger to corporate interests in Alaska, although that is because she believes the major energy companies have not acted swiftly enough in carrying out drilling and pipeline projects in the state.[GALLO/GETTY]

ST PAUL, Minn. - Sarah Palin, the governor of Alaska who has shot to prominence as John McCain's choice as running-mate, is best known as a passionate believer in new oil and gas exploration, including in Alaska's National Widelife Reserve - something McCain himself rejects.

But campaigners say she has a mixed record on her dealings with the oil corporations to which the Republican party has so many historic ties.

Posted in Politics, Oil

Canada's Tar Sands Lobbyists Focus on US Democrats

This June 25, 2008 photo shows an aerial view just north of Fort McMurray in Alberta, Canada, where the world's largest oil companies are building massive open pit mines to get at the oil sands. Plans have been made to strip and excavate an area in northern Alberta that's the size of New York state.Executives from Nexen energy, which has major investments in northern Alberta's heavy oil industry, and Tony Clement, chair of a Canadian cabinet committee on energy security, met with Democratic candidate Barack Obama's top energy advisor Jason Grumet late last week to cement the \"energy partnership\" during the Democratic National Convention in Denver, Colorado. (AP Photo/Eamon Mac Mahon)

VANCOUVER - As the U.S. election campaign kicks into overdrive, Canadian politicians and oil executives are stepping up lobbying efforts to make sure whoever controls the White House keeps purchasing notoriously dirty oil from the Alberta tar sands.

Posted in Environment, Politics, Oil

John McCain Wants to Drill in Your Tolilet: Part II

Two months ago, I wrote a column saying that John McCain wants to drill in your toilet. I was joking at the time, but that comment turned out to be pretty much accurate. The Republicans' top slogan going into the fall elections is "drill here, drill now." It all depends on your definition of "here."

Posted in Media, Politics, Oil

Palin’s Alaska Reaps the Windfall Profits McCain Decries

Welcome to the People's Republic of Alaska, where every resident this year will get a $3,200 payout, thanks in no small measure to the efforts of Sarah Palin, the state's Republican governor. That's $22,400 for a family of seven, like Palin's. Since 1982, the Alaska Permanent Fund, which invests oil revenues from state lands, has paid out a dividend on invested oil loot to everyone who has been in the state for a year.

Posted in Politics, Oil

Putin's Ruthless Gambit

Many Western analysts have chosen to interpret the recent fighting in the Caucasus as the onset of a new Cold War, with a small pro-Western democracy bravely resisting a brutal reincarnation of Stalin's jack-booted Soviet Union. Others have viewed it a throwback to the age-old ethnic politics of southeastern Europe, with assorted minorities using contemporary border disputes to settle ancient scores.

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