Sunday, November 25, 2007

Oil, Politics & Bribes

Big Oil, Big Influence

By LINDSAY RENICK MAYER

Lindsay Renick Mayer is the money-in-politics reporter for the Center for Responsive Politics. The nonpartisan Washington-based organization researches money's influence on politics and provided data for this story from its website, OpenSecrets.org.

During his first month in office, President George W. Bush appointed Vice President Dick Cheney to head a task force charged with developing the country's energy policy. The group, which conducted its meetings in secret, relied on the recommendations of Big Oil behemoths Exxon Mobil, Conoco, Shell Oil, BP America and Chevron. It would be the first of many moves to come during the Bush administration that would position oil and gas companies well ahead of other energy interests with billions of dollars in subsidies and tax cuts—payback for an industry with strong ties to the administration and plenty of money to contribute to congressional and presidential campaigns.

During the time that Bush and Cheney, both of whom are former oil executives, have been in the White House, the oil and gas industry has spent $393.2 million on lobbying the federal government. This places the industry among the top nine in lobbying expenditures. The industry has also contributed a substantial $82.1 million to federal candidates, parties and political action committees, according to the Center for Responsive Politics. 80 percent of the industry's contributions have gone to Republicans.

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