In a Facebook post on June 8th, Sarah Palin wrote, "As a CEO, it was my job to look out for the interests of Alaskans with the same intensity and action as the oil company CEO's looked out for the interest of their shareholders". Palin's Facebook post is misleading as she was never CEO of anything. However we might agree that her actions were comparable to those of British Petroleum.
One year after Palin and the Alaska legislature approved the creation of the ACES program the state and oil companies, including British Petroleum, significantly increased their profits. Thus Palin was true to her word. She was motivated to increase the net profits of Alaska, just like BP was motivated to make as much money as it could. If BP made a lot of money, so did Alaska.
Todd Palin worked on the North Slope of Alaska for British Petroleum for eighteen years.
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Also, see this story about the Palins and the oil industry from 2007.