‘Big Oil’ lobby to begin donating to political candidates

[sasha031]

The American Petroleum Institute (API), which represents more "This is adding one more tool to our toolkit," Martin Durbin, API’s executive vice president for government affairs, told Bloomberg in an interview. "At the end of the day, our mission is trying to influence the policy debate."than 450 oil and natural gas companies, has announced it will start donating to political candidates this year as President Obama aims to cut subsidies to energy companies and expand environmental laws.

The API spent $6.7 million to lobby Congress and the White House last year, ThinkProgress reported, making it the seventh most prolific spender in the oil and gas industry, following ConocoPhillips, Chevron, Exxon-Mobil, Shell, Koch Industries and BP.

API President and CEO Jack Gerard sharply criticized President Obama proposal to cut billions in subsidies to energy companies, saying it would eliminate thousands of new jobs.
"It’s no surprise the administration is proposing yet again to raise taxes on the U.S. oil and natural gas industry," he said. "But it’s still a bad idea and comes at one of the worst times in our economic history.":mad:

http://www.stumbleupon.com/su/71pCxK/www.rawstory.com/rs/2011/02/24/big-oil-lobby-to-begin-donating-to-political-candidates/

I hope the President gets out right in front of this, let the people know what these bottom feeders are doing. Speak loudly and clear of their profits and contempt for the American people.

[somone]

1. That's why nobody touched their $75 million liability cap

[sasha031]

2. everyone is terrified of them