Big Oil Caucus flip flops on spending cuts Block vote to cut oil & gas, taxpayer-funded subsidy Washington, D.C. – Today, House Republicans again protected Big Oil by blocking a bill to cut taxpayer-funded subsidies to the gas and oil industry. In light of some politicians’ refusal to choose American families over oil company CEOs,… Read more »
Our friend Lee Fang at Think Progress posts on Rep. Rob Bishop’s denial of billions in oil subsidies. Re-posted in part from Think Progress: VIDEO: Rep. Rob Bishop (R-UT) Denies Existence Of Billions In Special Oil Subsidies Earlier this year, the GOP voted in lockstep to extend billions in tax breaks to oil companies. The… Read more »
David O. Williams | May 3, 2011 | Reposted from Real Vail With Congress and the White House increasingly railing against record oil company profits, a study late last week linked those windfalls to millions spent on lobbying and direct campaign contributions. The nonprofit Checks and Balances Projectlast week released an analysis of the skyrocketing… Read more »
Pennsylvania citizens are unable to be heard during a public gas advisory board meeting, while those on the board get cozy in the Governor’s back pocket. A week after toxic fluids from a hydraulic fracturing gas well spilled into waterways and onto farmlands in Bradford County, Pennsylvania, the state’s Marcellus Shale Advisory Commission met in… Read more »
Our weekly update to unravel the industry and political spin around the energy debate IN CASE YOU MISSED IT ‘GOUGE-ONOMICS’: PRODUCTION DOWN, PROFITS UP Despite billion-dollar profits across the board, Big Oil refineries are producing less fuel while making more money. It’s too bad this game of monopoly has real impacts to our pocketbooks. According… Read more »
David O. Williams | May 2, 2011 | Reposted from The American Independent The nonprofit Checks and Balances Project today released an analysis of the skyrocketing profits of the nation’s top five oil and gas companies in the wake of near-record gas prices and compared those profits to lobbying expenditures and political contributions in 2010…. Read more »
Denver, CO – This week, as the top five oil companies announce their first quarter profits, the Checks and Balances Project conducted an analysis of the money oil and gas corporations spent in 2010 on campaign contributions and Congressional lobbyists. The numbers tell the story that oil companies’ armies of lobbyists and contributing power give them… Read more »
David O. Williams | April 29, 2011 | Reposted from The Colorado Independent The nonprofit Checks and Balances Project today released an analysis of the skyrocketing profits of the nation’s top five oil and gas companies in the wake of near-record gas prices and compared those profits to lobbying expenditures and political contributions in 2010…. Read more »
The price at the pump is hovering around $4/gallon, while oil and gas companies are reporting billions in first quarter profits. So wasn’t a complete shock when Speaker John Boehner said, earlier this week, that Congress should look at ending the fossil fuel industry’s multi-billion dollar tax breaks. After all, how does Congress plan to… Read more »
The man tasked with overseeing the oil and gas industry in Colorado continues to say that groundwater contamination is not an issue when it comes to hydraulic fracturing in the state. David Neslin (pictured), Director of the Colorado Oil and Gas Conservation Commission (COGCC) , told a federal forum this week that the COGCC has… Read more »
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