oil and gas

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Oil and Gas Industry Picks 2014 Favorites

Oil and gas industry interests often complain about the government “picking winners” in the economic marketplace, but they don’t seem to mind trying to pick winners when it comes to politics.

Secretive Corporate Donations to Romney PAC in September Are Romney Campaign Donors

The pro-Mitt Romney super PAC “Restore Our Future” filed its September fundraising report on Friday, noting $14.8 million in donations.

Two of those donations, $75,000 each from Allegany Yankee Holdings and Eastern Seaboard Inc, list the same address: PO Box 330, Wellsville, New York. Neither company has a web presence, giving voters no information on why they might be giving to the Romney campaign or what they might want in return for their donation.

Profit Vs. Planet

Yesterday the House passed new energy legislation to increase fuel efficiency standards and repeal billions in tax subsidies to the oil and gas industry, but the bill can't even make to a vote in the Senate. Senator Mitch McConnell (R-KY) led the Senate effort against the bill, with $576,900 in campaign contributions from the oil and gas industry and another $107,00 from auto manufacturers to back him up.

So that's why he kept them a secret

Yesterday, the Washington Post cleared up a little bit of the confusion of who served on Vice President Cheney's Energy Task Force back in the beginning of the administration. He wouldn't tell and the Supreme Court agreed that he could keep the names a secret.

McConnell Lends Big Oil a Hand

Yesterday, Senate Republicans intervened on behalf of a put-upon, impoverished, and under-represented constituency: Big Oil. They blocked a measure that would have provided $32 billion in incentives for renewable energy via a tax on oil companies -- with Senate Minority Leader Mitch McConnell (R-KY) and his over $450,000 in life campaign donations from the oil industry at the helm.

Drilling for Dollars

Remember our old pal Tom DeLay? Though he’s been out of Congress for quite a few months now, his influence and backroom dealings live on, according to a new report by Public Citizen released today.

 

Reading Between the Lines

Another day, another NYT story on the Congressional impasse on energy policy that could benefit from the addition of some money-and-politics annotation. I added the brackets.