Conoco responds to Palin

Source: KTUU

Conoco Phillips has fired back a letter to Gov. Sarah Palin in response to her rejection of their gas line proposal.

In the letter the company said it is surprised and disappointed by Palin’s negative response.

It goes on to say that Conoco Phillips feels the governor has an apparent misunderstanding of what it really takes to economically support a pipeline - and asserts its proposal, though outside the Alaska Gasline Inducement Act is the best option.

In the letter, Conoco Phillips Alaska President Jim Bowles urges Palin and her administration to meet with his company to discuss the options. Including new fiscal terms the company feels would work well.

“We’ll remind Alaskans that we’ve met many, many, many times,” Palin said. “I’ve met with Jim Bowles. Our gas line team has met many, many times. We’ll continue to do so, so that aspect of the letter kind of caught us off guard.”

Conoco Phillips’ letter to the governor is available here.