McCain’s VP pick a multi-state energy conservation organization chairman


IOGCC NEWS RELEASE

FOR IMMEDIATE RELEASE
Contact:  Erica Carr  405-525-3556 x106,  erica.carr@iogcc.state.ok.us 
              Gerry Baker 405-664-7362 (cell)

Republican presumptive nominee John McCain selected Interstate Oil and Gas Compact Commission (IOGCC) Chairman Gov. Sarah Palin of Alaska as his vice presidential running mate today. 

As chairman of the 38-state compact, which promotes the conservation of domestic oil and natural gas resources, Palin has led multiple initiatives in the interest of the nation’s energy and national security which include the development of model state legislation for carbon capture and geologic storage and promotion of the Alaska Natural Gas Pipeline.  

“Gov. Palin has demonstrated first-class leadership on issues critical not only to Alaska, but also to the nation’s energy security,” said IOGCC Executive Director Carl Michael Smith. “Throughout her chairmanship of the IOGCC, she has shown her commitment to ensuring we maximize domestic oil and natural gas resources balanced with environmental protection in order to ensure a sound energy future – topics of great importance in the coming election.” 

Upon accepting her chairmanship of the organization at the IOGCC Annual Meeting in New Orleans, La., in 2007, Gov. Palin stressed that Americans can no longer afford to warehouse Alaska’s vast resources. 

“Alaska will play an increasingly important role in oil and gas production within the United States,” said Palin. “We’ve developed only a fraction of our known reserves and have many times this known amount awaiting discovery and commercialization. The same foreign powers that control the world’s oil supply are beginning to control the supply of natural gas. Alaska stands ready and able to supply our fellow Americans with an abundant, cheap clean source of energy for the future.” 

In previous years, Palin served the IOGCC in her capacity as Alaska Oil and Gas Conservation Commissioner and chose to accept chairmanship of the organization upon her election as governor. Palin is the 64th chair of the IOGCC, which began in 1935 after six states took advantage of a constitutional right to “compact,” or agree to work together, to resolve common issues.  Faced with unregulated petroleum overproduction and the resulting waste, the states endorsed and Congress ratified a compact to take control of the issues.  

Palin also serves as Vice Chair of the National Governors Association (NGA) Natural Resources Committee.  

Today, the IOGCC’s membership is comprised of 30 member states, eight associate states and eight international affiliate country members.  The IOGCC is headquartered in Oklahoma City, Oklahoma.  For more information, visit http://www.iogcc.state.ok.us/.    

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