Where is my money??????????, page-52

The State/Fed dynamic Ive noticed of late AB is that GENERALLY the Fed keeps out of State matters IF they can.

Its a basic driving US economic principal that economies, no matter what basis they have, be it a listed company or a State driven entity, will be essentially left to their own devices as far as state regulation goes as long as it doesn't tread on Federal regulation toes.

Its interesting how polarized the attitude towards the shale oil industry is becoming of late. Some states such as Texas et al just love it and embrace it, others hate it, generally those to the North East.

Its interesting to see the response from native Alaskans in all this oil exploration/production/expansion of late.

They are of the attitude that its a pity that there will be some environmental consequences but as long as the industry toes the regulations line in relation to these regs then the State really needs these initiatives.

This is not just from a revenue standpoint either. There are potentially massive gas reserves in Alaskan Acreage that could contribute to the local State economy by replacing coal and wood burning technologies. Ref to the MJ item recently posted.

This imo is why the Alaskans are now pushing hard for State gas infrastructure.

Its becoming a no-brainer for the Alaskans as it gives them a large infrastructure project in hard economic times that WILL contribute to economic efficiencies in the future just as the establishment of a shale oil industry will help keep the TAP's economic thru the future.

d.