How Palin Beat Alaska’s Establishment
If you want to know what drives Gov. Palin’s politics, and has intrigued America, read this.
2004 when former Republican Gov. Frank Murkowski made clear he’d be working exclusively with three North Slope producers—ExxonMobil, ConocoPhillips and BP—to build a $25 billion pipeline to move natural gas to the lower 48. The trio had informed their political vassals that they alone would build this project (they weren’t selling their gas to outsiders) and that they expected the state to reward them. Mr. Murkowski disappeared into smoky backrooms to work out the details. He refused to release information on the negotiations. When Natural Resources Commissioner Tom Irwin suggested terms of the contract were illegal, he was fired.
What Mr. Murkowski did do publicly was instruct his statehouse to change the oil and gas tax structure (taxes being a primary way Alaskans realize their oil revenue). Later, citizens would discover this was groundwork for Mr. Murkowski’s pipeline contract—which would lock in that oil-requested tax package for up to 40 years, provide a $4 billion state investment, and relinquish most oversight.
Enter Mrs. Palin.