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 Friday.
The IOGCC is headquartered in Oklahoma City.
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.
Palin was named IOGCC chair in 2007. 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.”
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. For more information, visit http://www.iogcc.state.ok.us.