[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/08/30/art.palincnnm.cnn.jpg caption="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.