The Washington Post
Photo: AP

DENVER — John McCain has selected Alaska Gov. Sarah Palin to be his vice presidential running mate, according to the McCain campaign, a surprise pick sure to shake up the race and reinforce the idea of the Arizona senator as a reformer.

The news that Palin, the mayor of a small town in Alaska just two years ago, was the pick came after CNN reported that a private plane had traveled from the Last Frontier to Dayton, Ohio where McCain is set to unveil his vice presidential pick later today. The Palin news came after the two supposed frontrunners — Minnesota Gov. Tim Pawlenty and former Massachusetts Gov. Mitt Romney — each confirmed he would not be traveling to Dayton today.

In picking Palin, McCain is taking a calculated risk. She is totally unknown and untested on the national stage but also has impressive credentials in her short time in public life. Read More.

Palin Pleased with Obama’s Energy Plan
Includes Alaska’s Natural Gas Reserves

Photo: Wikipedia

Below is Google’s cache of http://www.gov.state.ak.us/news.php?id=1384.
It is a snapshot of the page as it appeared on Aug 23, 2008 16:56:14 GMT. According to NBC’s Domenico Montanaro, “the link to the press release was not working as of 12:30 p.m. ET.”

August 4, 2008, Fairbanks, Alaska – Governor Sarah Palin today responded to the energy plan put forward by the presumptive Democratic nominee for President, Illinois Senator Barack Obama.

“I am pleased to see Senator Obama acknowledge the huge potential Alaska’s natural gas reserves represent in terms of clean energy and sound jobs,” Governor Palin said. “The steps taken by the Alaska State Legislature this past week demonstrate that we are ready, willing and able to supply the energy our nation needs.”

In a speech given in Lansing, Michigan, Senator Obama called for the completion of the Alaska natural gas pipeline, stating, “Over the next five years, we should also lease more of the National Petroleum Reserve in Alaska for oil and gas production. And we should also tap more of our substantial natural gas reserves and work with the Canadian government to finally build the Alaska natural gas pipeline, delivering clean natural gas and creating good jobs in the process.”

Governor Palin also acknowledged the Senator’s proposal to offer $1,000 rebates to those struggling with the high cost of energy.

“We in Alaska feel that crunch and are taking steps to address it right here at home,” Governor Palin said. “This is a tool that must be on the table to buy us time until our long-term energy plans can be put into place. We have already enjoyed the support of Alaska Senator Ted Stevens, and it is gratifying to see Senator Obama get on board.”

The Governor did question the means to pay for Obama’s proposed rebate — a windfall profits tax on oil companies. In Alaska, the state’s resource valuation system, ACES, provides strong incentives for companies to re-invest their profits in new production.

“Windfall profits taxes alone prevent additional investment in domestic production. Without new supplies from American reserves, our dependency and addiction to foreign sources of oil will continue,” Governor Palin said.