BNN: Do you believe we should be investing in alternative or renewable energy research?Cross-posted at US for Palin
Gov. Palin: Yes, for the private sector. I don’t think there is anything wrong with setting goals for alternative energy, but we have to be realistic. A truly effective alternative energy source needs to be efficient and profitable. No amount of Obama’s subsidizing his campaign donors’ bankrupt green energy companies—some with harebrained ideas that will never be economic—will get us to that efficient and profitable alternative. The free market will determine this. Sure, we can support research and development when it’s appropriate, but as scientists and venture capitalists continue to look for viable alternative energy sources, we should be encouraging the development of natural gas as a clean and plentiful bridge-fuel to a more renewable future. We have enough natural gas in America to be energy independent for many decades!
BNN: Obama claims that his domestic energy policies do not affect prices at the pump because oil is bought and sold on the world market, which determines the prices. True?
Gov. Palin: False. Totally false. What determines the price of oil is “supply and demand.” If you increase the supply, you will see downward pressure on the prices at the pump, just as we’ve seen with natural gas. We know from past evidence that even the news of more areas being opened for future drilling has an immediate effect on the price of oil as the markets respond to the news of a future surplus. President Obama surely knows that increasing the supply will reduce the pain at the pump. That’s why he asked the Saudis to ramp up their oil production, and that’s why he tapped into our Strategic Reserves last year when he claimed he wanted to reduce the price at the pump. It’s just common sense. With emerging economies like China increasing their oil consumption, we have increased global demand for oil. The president’s policies are locking up massive domestic supplies of oil and keeping our own product off the market! This is nonsense. What Obama is doing does have a direct effect on the prices every American is paying at the pump.
But for the sake of argument, let’s consider the absurdity of those who say, “Even if we started drilling now in places like ANWR it wouldn’t have any impact on the price of oil for at least ten years.” Is that an excuse not to drill now? It’s like saying, “Even if I study hard in school now it will take years before I get a good paying job from it.” Is that an excuse for not studying hard now and preparing for the future?
BNN: Governor, many people were disappointed that you decided not to run for president this year, but are still hoping that you might one day run for the White House in the future. Roger Ailes was recently quoted as saying, “Sarah Palin had no chance to be President.” What do you make of that?
Gov. Palin: Interesting. I haven’t heard all of his remarks, but I wonder if Roger is aware that the same thing was said about me when I ran for city council, mayor, and eventually governor. No doubt many people who are told they can’t do something will work that much harder, and they succeed. Maybe you guys should send him a copy of Steve Bannon’s “The Undefeated.” The theme of Steve’s film isn’t about me, but about the idea of not letting others dictate one’s path in life and never giving up when you’re fighting for something precious like our exceptional nation and our children’s futures. So, would you send a copy of “The Undefeated” to Mr. Ailes?