[Vision2020] Palin wrongly suggests Congress bans oil exports

[Dave]

Hey No Clue

That's so nice, and so typical of your ilk.  You don't like the message 
so you attack the messenger.

Dave


No Weatherman wrote:
> Ms. Lund:
>
> Respectfully, do you even have a modicum of knowledge about any one of
> the subjects you post on?
>
> Do you even have a clue?
>
>
> On Sat, Oct 25, 2008 at 3:26 PM, Saundra Lund <sslund_2007 at verizon.net> wrote:
>   
>> Palin wrongly suggests Congress bans oil exports
>> By H. JOSEF HEBERT
>> Associated Press Writer
>> Published: Saturday, Oct. 25, 2008
>>
>> WASHINGTON -- Alaska Gov. Sarah Palin, touted by GOP presidential candidate
>> John McCain as his expert on energy, seemed to have problems Thursday
>> explaining whether the government bans oil exports - especially from her
>> state's North Slope fields.
>>
>> A questioner at a town hall-style meeting in Wisconsin said he had heard
>> that at least 75 percent of the oil drilled in Alaska was being sold to
>> China and said, if true, he would like to know why.
>>
>> "No. It's not 75 percent of our oil being exported," Palin said, suggesting
>> some of Alaska's oil, in fact, may be going abroad but not that much.
>>
>> "In fact," she added, "Congress is pretty strict on, um, export bans of oil
>> and gas especially."
>>
>> No Alaska oil has been exported since 2004, and little if any since 2000,
>> according to the Energy Information Administration and the Congressional
>> Research Service.
>>
>> And Congress has never imposed outright bans on oil exports. 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.
>>
>> "It's been discussed recently as part of talk about drilling on the Outer
>> Continental Shelf," said Bill Wicker, a spokesman for the Senate Energy and
>> Natural Resources Committee. But he said there's been no active legislation
>> that would reinstate the Alaska ban or any thought on Capitol Hill of
>> banning other U.S. oil or natural gas exports.
>>
>> Natural gas exports must be approved by the Energy Department under a 1938
>> law, although such authorization for gas shipments to Mexico, Canada and
>> Japan have been granted for many years. The Energy Department recently
>> indicated it is ready to renew authorization for shipping Alaska liquefied
>> natural gas, or LNG, to Japan.
>>
>> There are no such restrictions when it comes to oil.
>>
>> Between 1996 and 2004, about 95 million barrels of North Slope oil, roughly
>> 2.7 percent of Alaska's production, was exported to South Korea, Japan,
>> China and Taiwan, according to the Energy Information Administration.
>>
>> There have been little or no oil exports since 2000, according to the
>> Congressional Research Service. The EIA said there have been no Alaska oil
>> exports since 2004.
>>
>> The United States exports a relatively small amount of oil and petroleum
>> production as Palin acknowledged as part of her answer, which largely
>> focused on the need for more domestic drilling.
>>
>> "It's not a huge portion of any domestic supply being exported," Palin said
>> toward the end of her response, and seemed to contradict her earlier view
>> that Congress bans exports.
>>
>> Last year, the United States exported 523 million barrels of petroleum
>> products, of which only a small amount was crude oil. That year it imported
>> more than 4.7 billion barrels of oil and oil products.
>>
>> The United States exported 822 billion cubic feet of natural gas, almost all
>> by pipeline to Canada and Mexico, and a small amount of liquefied natural
>> gas, or LNG, to Japan and Mexico in 2007, according to the EIA.
>>
>> http://www.sacbee.com/839/story/1302427.html
>>
>>
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>>     
>
> =======================================================
>  List services made available by First Step Internet, 
>  serving the communities of the Palouse since 1994.   
>                http://www.fsr.net                       
>           mailto:Vision2020 at moscow.com
> =======================================================
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>
>   


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