CNBC Press Releases

BARTIROMO: WHAT KIND OF RELATIONSHIP DO YOU HAVE WITH THE CEOS OF THESE OIL COMPANIES ARE YOU IN TOUCH WITH THEM ALL THE TIME AS FAS AS WHAT THEY'RE DOING AS FAR AS WHAT THEY WOULD LIKE TO DO TELL ME ABOUT THE RELATIONSHIP OR THE COMMUNICATIONS THAT GO ON

PALIN: WELL YOU KNOW I THINK IT IS KINDA SYMBOLIC I THINK HERE IN ALASKA OF THE RELATIONSHIP BETWEEN STATE GOVERNMENT AND THE OIL INDUSTRY HERE MY NEXT DOOR NEIGHBOR IS CONNOCO PHILLIPS RIGHT THERE AND THEY'RE SKYSCRAPER IS WHAT I LOOK AT OUTSIDE OF MY WINDOW IT'S A RESPECTFUL RELATIONSHIP BECAUSE I RESPECT WHAT THESE COMPETITORS THESE CAPITALISTS ARE DOING AND THE CEOS OF THE BIG OIL COMPANIES OF COURSE ARE LOOKING OUT FOR THEIR SHAREHOLDERS THEIR MISSION IS TO BOOST THEIR BOTTOMLINE THEY'RE MISSION IS TO TAKE AS MUCH AS POSSIBLE AND LEAVE AS LITTLE BEHIND THAT'S WHAT CAPITALISTS DO SO I RESPECT THAT BUT I BELIEVE TOO THAT THEY RESPOECT MY POSITION AS A CEO OF THE STATE AND AS CEO I AM GONNA LOOK OUT FOR MY SHAREHOLDERS MY STAKEHOLDERS AND THAT'S THE PEOPLE OF ALASKA THOSE WHO LIVE HERE AND AMERICANS WHO ARE LOOKING TO ALASKA TO SUPPLY TO SUCH A GREATER DEGREE MORE DOMESTIC ENERGY SOURCES WHICH WE SHOULD BE ABLE TO DO SO IT'S A RESPECTFUL RELATIONSHIP I RECOGNIZE AS A FORMER OIL AND GAS COMMISSIONER AS A FORMER MAYOR OF A CITY WHAT THE OIL INDUSTRY DOES IN TERMS OF SUPPLYING ECONOMICALLY IN OUR STATE JOBS REVENUE FOR THE STATE FOR LOCAL COMMUNITIES I RESPECT THAT AT THE SAME TIME YOU KNOW MY BIBLE IN THIS JOB IS MY STATE CONSTITUTION THAT THE PEOPLE OF ALASKA OWN THE RESOURCES TO DEVELOP AND WHEN WE DEVELOP FOR REVENUE TO BE DERIVED FROM WITH THESE NATURAL RESOURCES IT'S GONNA BE TO THE MAXIMUM BENEFIT OF THE PEOPLE OF ALASKA SO THAT'S MY JOB AND I BELIEVE THEY CAN SEE THAT IN ME THE CEOS AND THEY CAN RESPECT THAT I'M DOING MY JOB.

BARTIROMO: AND THE PEOPLE WANT IT.

PALIN: ABSOLUTELY THE PEOPLE WANT THEY WANT THE RAMPED UP PRODUCTION AND THEY WANT THEIR SOVEREGNTY AS A STATE TO BE PROTECTED THEY WANT THAT CONSTITUTION FOLLOWED AGAIN THAT MEANS THAT WHEN WE DEVELOP OUR NATURAL RESOURCES IT IS TO BE FOR THE MAXIMUM BENEFIT OF THE PEOPLE OF ALASKA

BARTIROMO: YOUR HUSBAND WORKS IN THE NORTH SLOPE

PALIN: HE DOES HE'S UP THERE TODAY

BARTIROMO: WHAT'S HE SAY ABOUT IT? WHAT ARE SOME OF THE EXPERIENCES HE HAS HAD ON THE GROUND?

PALIN: HE'S SUCH A PERFECT EXAMPLE OF AGAIN SOME OF THE POSITIVES HERE THAT UM OIL INDUSTRY CAN BRING TO THE STATE IF THE STATE GOVENRNMENT IS WATCHING OUT FOR THE PEOPLE OF ALASKA AND COWTOWING OR CAVING JUST TO OIL INDUSTRIES NEEDS OR WANTS MY HUSBAND HE GREW UP IN RURAL ALASKA IN A NATIVE VILLAGE HE'S ALASKA NATIVE HE GREW UP WORKING WITH HIS HANDS AND BUILDING THINGS AND LEARNING HOW TO WELD AND LEARNING HOW TO PRODUCE AND LANDED A GOOD JOB UP ON THE NORTH SLOPE WHERE HE'S A BLUE COLLAR OIL FILLED WORKER HE'S SEPARATES THE OIL AND THE GAS AND THE WATER AND HE'S GOT ONE OF THOSE GOOD SLOPER JOBS IS WHAT WE CALL THEM AND IT'S VERY COMMON IN ALASKA THAT SOMEBODY LIVES A SLOPE LIFESTYLE THAT MEANS THEY WORK A WEEK ON THEY COME HOME FOR A WEEK GO BACK UP FOR A WEEK COME HOME FOR A WEEK IT'S KINDA COOL CUZ IT ALLOWS OUR SLOPERS TO LIVE THAT REAL ALASKAN LIFESTYLE THAT THEY REALLY LOVE THEYRE UP THERE FOR A WEEK PRODUCING FOR THE REST OF THE STATE AND THE NATION AND THEN THEY COME HOME AND IN MY HUSBAND'S CASE HE'S A COMMERCIAL FISHERMAN SO HE GETS TO CONTINUE THAT VOCATION ALSO SO HE'S A SNOWMACHINE RACER SO HE GETS TO CONTINUE THAT HOBBY HE GETS TO CONTINUE TO BE VERY INSTRUMENTAL AND AFFECTIVE AS A FATHER AND A COMMUNITY MEMBER AND OUR CASE AS ALASKA'S FIRST DUDE YOU KNOW THAT'S HIS ROLE ALSO BUT THAT'S WHAT THE SLOPE LIFESTYLE ALLOWS AND WE LOVE IT WHEN YOUNG ALASKANS RECOGNIZE THE OPPORTUNITY THAT THE OIL PRODUCTION ENVIRONMENT CAN SUPPLY THEM IN TERMS OF JOBS THESE ARE REALLY GOOD JOBS ALSO THEY PAY VERY WELL THEY PROVIDE GREAT BENEFITS OF COURSE THAT LESSENS THE BURDEN ON STATE GOVERNMENT ALSO WOULD HAVE TO PROVIDE THE BENEFITS IN SOME CASES IF THESE COMPANIES DID NOT SO I KNOW PERSONALLY HOW GOOD IT IS THESE OIL COMPANY JOBS THEY'RE GOOD MY HUSBAND'S CONCERN TOO THOUGH AND I THINK A LOT OF THIS HAS TO DO WITH WE BEING LIFELONG ALASKANS MY HUSBAND BEING AN ALASKAN NATIVE SO CONNECTED TO THE LAND AND TO THE CLEAN WATER TO THE CLEAN AIR THE WILDLIFE HE TOO PERSONALLY WANTS TO SEE EVERYTHING PROTECTED WE DO NOT WANT TO GIVE AWAY TO BIG OIL INDUSTRY ANY OF THESE ATTRIBUTES THESE BENEFITS ALASLA PROVIDES IN TERMS OF BEAUTY AND THE CLEANLINESS OF THIS AREA THE ABUNDANCE OF THIS AREA SO I THINK MY HUSBAND IS A REALLY GOOD EXAMPLE OF WHO SHOULD BE WORKING IN THIS INDUSTRY AND HIS HEART HIS PASSION BEING FOR SAFE SOUND ENVIRONMENTALLY FRIENDLY AND ETHICAL DEVELOPMENT OF OUR RESOURCES

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