Monday, October 13, 2008

News Ticker

Saw on the CN8 news ticker on Market St. something like "Palin wrongly suggests US Congress enacted ban on oil exports." That sounded pretty interesting, given that she knows more about energy than anyone in the universe.

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."

There's no oil export ban, and natural gas exports (assuming that's what she meant) just need approval.