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Palin pipeline terms curbed bids
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Candidate
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Contributor | The Sunset Provision |
Last Edited | The Sunset Provision Oct 25, 2008 10:40am |
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Category | Investigation |
Media | Website - Yahoo News |
News Date | Saturday, October 25, 2008 04:40:00 PM UTC0:0 |
Description | 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.
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