Wednesday, September 10, 2008

The Cost of Energy

Sarah Palin's much trumpeted Alaskan pipeline will be used to get more natural gas to the marketplace, the Japanese marketplace. By almost 100 billion cubic feet. Not exactly putting country first......

From Senator Ron Wyden's Press release:
"Citing projections that natural gas will cost Americans an average of 22% more this winter than last, U.S. Senator Ron Wyden asked Energy Secretary Samuel Bodman to review and revoke the Department of Energy’s recent order authorizing the export of 98.1 billion cubic feet of Alaskan natural gas -- enough gas to meet the needs of 1.4 million American families -- to Japan other Pacific Rim countries."


"On June 3, 2008 and July 30, 2008 respectively, your Department issued and affirmed an order pursuant to Section 3 of the Natural Gas Act that will allow two major integrated oil companies – ConocoPhillips and Marathon Oil – to export 98.1 billion cubic feet of Alaskan natural gas to Japan and other Pacific Rim countries. This order, which will allow the export of as much natural gas as is used by 1.4 million American families in a year, comes at a time when the President had demanded that the moratoria on oil and gas drilling along our environmentally-sensitive coastal areas be lifted and Americans are being warned that their winter heating bills are going to be dramatically higher."
Daily Kos picks up the story here

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