The amount of money you are spending for gas is directly related to the amount of money oil companies are spending to lobby lawmakers and protect their billions of dollars of profits. Every time you fill up your SUV, car, or motorcycle you are helping to support their profits.
Big oil has a big interest in the presidential election too. They want someone in the Whitehouse to protect their interests by relaxing rules on drilling and to keep the big tax breaks in place. All while they are making billions of dollars of profits as Americans struggle.
CNN’s special report: Oil’s Washington juggernaut
Under fire for high gas prices, the industry is spending record amounts on influence in Washington. Plus: How it’s playing in the presidential race.
The amount spent on lobbying by the industry, along with lobbying money in general, has been setting records since 2005.
With record gas prices, a contentious fight over energy legislation and a huge election on the horizon it’s not surprising the industry spent so much on lobbying this year.
Dozens of bills have been introduced in Congress. Generally, Democrats and environmentalists have favored a strategy heavy on taxing oil companies and funding renewables, while Republicans and the oil industry have pushed for more drilling.
The GOP is know as the Gas and Oil Party and it is not a coincident.
If cash equals friendship, then John McCain and the oil industry are best friends.
The Arizona Republican has taken $1.4 million from oil industry employees in the 2007-2008 election cycle, more than any other politician, according to CRP.
If McCain wins it looks like we have another four years of big oil being represented in the Whitehouse, young Americans dieing for oil in a foreign land, and Americans are left standing on the outside looking in, knowing they are not represented.
I am getting tired of seeing McCain standing in a group of veterans and telling us how much he is an American. All I see is a cranky old guy living in the past with not much future left.
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