THE BLITZ IS ON WE HAVE A POTENTIAL FOR ANOTHER HALIBURTON HERE

WE HAVE A POTENTIAL FOR ANOTHER HALIBURTON HERE
BEWARE OF PALIN

AP found that her team crafted terms that favored only a few independent pipeline companies and ultimately benefited the winner, TransCanada Corp.

By JUSTIN PRITCHARD and GARANCE BURKE, Associated Press Writers Justin Pritchard And Garance Burke, Associated Press Writers – 1 hr 36 mins ago AP – Republican vice presidential candidate, Alaska Gov. Sarah Palin greets the crowd during a rally at the …

ANCHORAGE, Alaska – 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.


-- Modified on 10/31/2008 2:01:03 PM