August 30th, 2008
10:03 AM ET
6 years ago

CNNMoney.com: The drill-down on Sarah Palin

John McCain's running mate supports drilling but she has also tangled with Big Oil.
John McCain's running mate supports drilling but she has also tangled with Big Oil.

(Fortune) – Within hours of Senator John McCain picking Alaska Governor Sarah Palin as his running mate, the talking heads of CNBC had coined a new term: "Palinomics." In a nutshell, the doctrine stands for expanding the search for domestic oil and gas as a solution to the energy crisis.

But while Palin might be a proponent of more drilling in Alaska, she's hardly a patsy of the oil industry. One theme at the Democratic convention was Republicans' cozy relationship with Big Oil. As Al Gore put it Thursday night, the industry has been "drilling [the GOP] for everything it's worth." But whatever you think of such a statement, it would be hard to say that about Sarah Palin.

Full story


Filed under: CNNMoney.com • Energy • John McCain • Sarah Palin
soundoff (36 Responses)
  1. Obama08:white, 60 yr old woman

    All very nice of the press of both sides to try to defone Palin. When are the GOP and McCain going to speak for herself? When will she answer the BIG questions on the economy and foreign affairs?

    August 30, 2008 11:59 am at 11:59 am |
  2. Don

    Wow, wall street already making the case for big oil, trying to paint her as

    not for them. Well her hubby works for BP. With a degree in journalism

    from idaho state. We need a smart thinker, harvard educated, well run

    campaign, with the right judgment.

    August 30, 2008 12:00 pm at 12:00 pm |
  3. Phil Newton from Murphy, Oregon

    Come ON. McCain picked a Big Oil, corporate faux "conservative." She's McCain in heels. My friend.

    EIGHT IS ENOUGH.

    Obama 08

    August 30, 2008 12:01 pm at 12:01 pm |
  4. My Friends, let me tell you,

    I know I cant win, but it doesnt hurt to have some eyecandy handy.

    August 30, 2008 12:02 pm at 12:02 pm |
  5. Ralph

    Well, well..If you voted for Hillary just because she was a woman, here you go. I voted for Hillary because she was the best, not because she was a woman. I will need to learn more about Sarah before I decide to vote for McCain, or stick with my write in for Hillary. Obama is too much Pomp and Circumstance, all that glitters is not gold. At least an inexperienced person will be a heartbeat away and not the nominee. Ask Obama about knowing people for 20 years?

    August 30, 2008 12:02 pm at 12:02 pm |
  6. Maggie Muggins From Selwyn

    After viewing write ups on what the Palin policies are as well as those put forth by John McCain can anyone see some that are in any way different than those of the Bush/Cheney regime?

    There is absolutely no doubt the GOP is a well oiled machine wanting the drilling to begin anywhere without any concern over who will get the shaft.

    August 30, 2008 12:02 pm at 12:02 pm |
  7. Henry Miller, Cary, NC

    "In a nutshell, the doctrine stands for expanding the search for domestic oil and gas as a solution to the energy crisis."

    Makes sense to me–when you run out of something, look for more of it.

    The "energy crisis" isn't so much as America's need for fuels as it is that we have to import them. Developing our own resources just makes sense.

    August 30, 2008 12:02 pm at 12:02 pm |
  8. Brian Wilson

    Sarah Palin is my new favorite politician. In fact, I wish she were running for president instead of vice-president. This woman is smart and knows how to run a country.

    August 30, 2008 12:03 pm at 12:03 pm |
  9. Mike Dallas

    The Republican far right is now spinning the selection of Palin as the VP nominee and stating how outraged they are about comments or indications that Palin was selected because of her gender.

    So, my question to the these Republicans is this:

    We have a nationally obscure mythical male who was born in Montana, was a high school basketball star, avid hunter via helicopter, becomes Homecoming King at the local high school, leverages this into a place on the city council and subsequently becomes mayor of this village of 9,000. Then becomes the governor of Montana for 18 months and is currenlty being investigated for abusing the power of his office, and finally, marries a wife employed by BP, Would the Republican VP nomination have been offered to this mythical male over all the other humans that were vetted and qualified for this position??? I didn’t think so, so stop pretending that the fact that this nominee has a set of ovaries, over testes, was not factored into the final decision. You only make the Republican party look more ludcrious, with each such statement and feigned offense. However, you are right she is not a token, the correct term is a political pawn simply being used to energize the Republican rabid Right and pander to some women, altho, one would hope she only appeals to women that already agree and are happy being considered as chattel by their husbands, and want all women's current reproduction rights reversed. However, it seems to me, these females would already be staunch Republicans.

    This just in, and requires changes to the above scenerio, Pat Buchanan on MSNBC actually called her a “girl” while Newt Gringrich said her “beauty” was a qualification for VP on F@@k the News. So, let us change our mythical male to a “handsome boy”.

    Maybe it is due to the fact, that at 57, my estrogen levels must be increasing, because even I find those statements demeaning, condescending and patently offensive!

    August 30, 2008 12:04 pm at 12:04 pm |
  10. James Carville

    You rock Sarah......

    August 30, 2008 12:04 pm at 12:04 pm |
  11. RJ

    Sarah Palin is the game-changer for McCain and undecided voters. Obama badly needed a game-changer - so he picked bumbling Biden. Then, in the end, Obama's attempt at "game changing" was nothing more than a Las Vegas style extravaganza that explained - what exactly? - about the "changes" he wants to make?

    Now that "the children's hour" is drawing to a close, it's grown-up time again in America.

    McCain/Palin!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    August 30, 2008 12:04 pm at 12:04 pm |
  12. catmom

    Oh please say it isn't so. More oil people in the White House. If so, be prepared for $10.00 a gallon gas. Don't Alaskans get royalties for oil pumped from Alaska?

    August 30, 2008 12:04 pm at 12:04 pm |
  13. Carol - Litchfield CT

    ALREADY THEY ARE TRASHING SARAH ! Give her a break. This is "change WE CAN believe in". Sarah is a woman who isn't afraid to make changes she believes in and I'll bet SHE WILL MAKE A DIFFERENCE in OUR GOVERNMENT ! Let's all give her a chance. That includes "the MEDIA'S – esp. – CNN and their talking heads.
    Ahhhmen. WOMAN POWER !
    McCain/Palin '08

    August 30, 2008 12:04 pm at 12:04 pm |
  14. Paul!

    The stupidity of McCains choice speaks for itself.. People can already see that!! I was talking to a few friends who happen to be republicans..they are as shocked by this as anybody ! and admit that Obama will probably win in November

    Thanks McCain

    August 30, 2008 12:07 pm at 12:07 pm |
  15. obama08

    She's married to a oil man. What the heck! How can you NOT say she is in bed with big oil

    August 30, 2008 12:07 pm at 12:07 pm |
  16. Mike Dallas

    Also,in response to statements and questions comparing Obama and Palin's experience, Obama was ELECTED while Palin was SELECTED by one desperate and angry old man, who obviously only puts the needs of this country first, when it conincides with his current political ambitions!

    August 30, 2008 12:11 pm at 12:11 pm |
  17. CJ

    "Palin has tangled with Big Oil"? Are you kidding me. Her husband works for an oil company. She would greatly benefit from Big Oil drilling in her state of Alaska. So you are saying that she bites the hands that feed her? I don't think so. She only sees money signs. Would she have been picked if she were against drilling in Alaska?

    August 30, 2008 12:13 pm at 12:13 pm |
  18. carl

    This is an act of senility, McCaines had a lot of decisions that remind me of going senile,would any one put another person in any high office or position in any company, that you've only met once or twice. I think his decision making is scary, and shows no judgement at all.I guess its the same old im the decider we heard from pres Bush.Lets all Pray this doesn't happen . And to think woman don't have the intelligence to to decide that just because this pic is a woman they'll follow her like sheep, thanks but i don't think so.

    August 30, 2008 12:14 pm at 12:14 pm |
  19. VP fraud

    Actually, it's quite easy to say that Sarah Palin is in the pocket of Big Oil-Alaska is receiving revenue from big oil- I'd say that's a partnership. To add to it, she wants to drill in the arctic wildlife refuge to get more money in her partnership with Big oil.
    She has voted against saving the polar bears who are drowning daily, and she doesn't believe the Global warming is man-made.
    This tells me that like BIg Oil, she will do anything for money and power- this is not a change-this is more of the same.

    Also, most of her accomplishments where not of her own doing, but rather she jumped on the train at the last minute and took credit herself.

    http://www.adn.com/opinion/story/510703.html

    August 30, 2008 12:14 pm at 12:14 pm |
  20. DRerrie

    McLame has committed political suicide!

    August 30, 2008 12:19 pm at 12:19 pm |
  21. Chicago Evelyn

    How can you say that she's not a patsy of the oil industry? This woman is SUING THE US FISH AND WILDLIFE SERVICE to have the POLAR BEAR REMOVED FROM THE ENDANGERED SPECIES list! Is the "endangered" listing making it difficult for her to push through drilling? Sounds like she has her own personal interests at heart. Okay – that would mean that she has a heart – scratch that. For the oil special interest groups – it sounds like she will do anything to push through drilling in the Arctic National Wildlife Refuge! The polar bear isn't safe in this one state (of little more than a half of million people.) What kind of damage can she do on a national scale when it comes to wildlife conservation!

    August 30, 2008 12:19 pm at 12:19 pm |
  22. Shane

    AS A DEMOCRAT I AM KINDA WORRIED ABOUT HER. SHE DOES SOUND LIKE A BARRACUDA!!!!!!!!!! I DO NOT LIKE OBAMA. HE FLIP FLOPS ON EVERYTHING. AS FOR EXPERIENCE, SHE HAS MORE THAN OBAMA. SHE HAS EXECUTIVE EXPERIENCE

    August 30, 2008 12:20 pm at 12:20 pm |
  23. Jon

    Of course Alaskans support Palin. Every Alaskan gets paid $2,000 a year by the government from the oil revenues, simply for living in Alaska. The people want to open ANWR because this would give them more money in subsidies, and few would ever see the oil fields and their effect on nature.

    How is Palin a change? Sure she's a woman, but she is a woman who stands for the same policies which have failed this country over the last 8 years.

    August 30, 2008 12:21 pm at 12:21 pm |
  24. Janet

    I am a Hillary Clinton supporter. I had decided to vote for John McCain because I felt that next to Hillary he had to most experience and quite honestly I did not like the way Hillary was treated by the DNC. Now that Senator McCain has selected Gov. Palin, it leaves me no choice but to vote down the line for the Green Party. Gov. Palin has destructive environmental policies and any person who condones the shooting of wolves in Alaska by airplanes or just shooting them period will never, ever get my vote. So no vote for inexperienced Obama, no vote for bad judgement McCain, Hello Green Party!!!

    August 30, 2008 12:22 pm at 12:22 pm |
  25. Larry-Minn.

    I would like to know how people can trash a person when they dont even know a thing about her. I watched a special last nite and it was the first thing i have seen about her.. So far i have come to the conclusion that she is smart seems to know what she is talking about and has no reason to really take the job,. unless she really cares about her country. With the size family she has and it looks like a really nice family, i would have to really think twice about taking the job and the ridiculous abuse she is going to have to take from the people that support Obama. At least have a few moments and really think about things before saying them, that goes for the idiots on the Tv that think they as such smart commentators.

    August 30, 2008 12:22 pm at 12:22 pm |
1 2