Jamesb101.com

commentary on Politics and a little bit of everything else

BP has given to the campaigns of a lot of politicians…..Including the President…..

BP has also spent millions each year on lobbying — including $15.9 million last year alone — as it has tried to influence energy policy.

[ BP has also spent millions each year on lobbying — including $15.9 million last year alone — as it has tried to influence energy policy. Reuters ]

TPL sent this to me…

And I’m posting it up…..

Does it bother me?

Naw…..

BP has given to Democrats and Republicans…all over the country…..

In this charged media climate is that money going to make a difference?…

Nope…..

Southern Gulf State politicians are going to defend BP because they are providing jobs….

Oil drilling and now…

Oil clean-up ones…..

But it will look bad in retrospect….

Ah….its business as usual in politics…

While the BP oil geyser pumps millions of gallons of petroleum into the Gulf of Mexico, President Barack Obama and members of Congress may have to answer for the millions in campaign contributions they’ve taken from the oil and gas giant over the years.

BP and its employees have given more than $3.5 million to federal candidates over the past 20 years, with the largest chunk of their money going to Obama, according to the Center for Responsive Politics. Donations come from a mix of employees and the company’s political action committees — $2.89 million flowed to campaigns from BP-related PACs and about $638,000 came from individuals.

On top of that, the oil giant has spent millions each year on lobbying — including $15.9 million last year alone — as it has tried to influence energy policy.

During his time in the Senate and while running for president, Obama received a total of $77,051 from the oil giant and is the top recipient of BP PAC and individual money over the past 20 years, according to financial disclosure records.

An Obama spokesman rejected the notion that the president took big oil money.

“President Obama didn’t accept a dime from corporate PACs or federal lobbyists during his presidential campaign,” spokesman Ben LaBolt said. “He raised $750 million from nearly four million Americans. And since he became president, he rolled back tax breaks and giveaways for the oil and gas industry, spearheaded a G20 agreement to phase out fossil fuel subsidies, and made the largest investment in American history in clean energy incentives.”

In Congress, Sen. Mary Landrieu (D-La.), who last week cautioned that the incident should “not be used inappropriately” to halt Obama’s push for expansion of offshore drilling, has been one of the biggest beneficiaries of BP’s largesse. Her comments created some blowback, with critics complaining that she is too blasé about the impact of the disaster, even though she was among the first lawmakers to call for a federal investigation into the spill.

As the top congressional recipient in the last cycle and one of the top BP cash recipients of the past two decades, Landrieu banked almost $17,000 from the oil giant in 2008 alone and has lined her war chest with more than $28,000 in BP cash overall.

“Campaign contributions, from energy companies or from environmental groups, have absolutely no impact on Sen. Landrieu’s policy agenda or her response to this unprecedented disaster in the Gulf,” said Landrieu spokesman Aaron Saunders. “The senator is proud of the broad coalition she’s built since her first day in the Senate to address the energy and environmental challenges in Louisiana and in the nation. This disaster only makes the effort to promote and save Louisiana’s coast all that more important.”

Several BP executives have given directly to Landrieu’s campaign, including current and previous U.S. operation Presidents Lamar McKay and Robert Malone. Other donors include Margaret Hudson, BP’s America vice president, and Benjamin Cannon, federal affairs director for the U.S. branch. Donations ranged from $1,000 to $2,300 during the past campaign cycle.

……………………………………………………

The top congressional recipients of BP campaign cash include Republican Rep. Don Young of the oil-intensive Alaska delegation, who has received almost as much as Obama, raking in $73,300 during his congressional tenure. Also on the list is Sen. George Voinovich (R-Ohio), whose state has a BP refinery in Toledo and who has raked in $41,400. Sen. John McCain (R-Ariz.) has received $44,899.

“Make no mistake: BP ranks among the most powerful corporate forces in U.S. politics,” said Dave Levinthal, spokesman for the Center for Responsive Politics. “It donates hundreds of thousands of dollars every election cycle through its employees and political action committee and is routinely a seven- or eight-figure federal lobbying powerhouse each year.”

In 2008 alone, BP gave $37,000 to members of the House Energy Committee and $106,501 to members of the Senate Homeland Security Committee, which deals with security issues facing the nation’s oil supply.

More….

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June 14, 2010 - Posted by | Blogs, Breaking News, Counterpoints, Government, Media, Men, Other Things, Politics, Updates, Women |

7 Comments »

  1. back when I had TV reception in the fall of 08

    the two most played commercials were the Pickens Plan and the BP clean energy AD

    Comment by Timothy Leal | June 14, 2010 | Reply

  2. BP has given to the campaigns of a lot of politicians?..Including the President?…..

    I found your entry interesting do I’ve added a Trackback to it on my weblog :)…

    Trackback by World Wide News Flash | June 14, 2010 | Reply

  3. I dont support drilling in the water at all

    I know right from wrong

    and I know Oil spills can cause severe damage to the water supply

    Comment by Timothy Leal | June 14, 2010 | Reply

  4. what happens if ALL the new oil is under the water….

    Comment by jamesb101 | June 14, 2010 | Reply

  5. what happens if ALL the new oil is under the water….
    ————-

    all my NEW skin is under My epidermis

    but I aint gonna peel off all my skin
    just to get new skin

    Comment by Timothy Leal | June 14, 2010 | Reply

  6. Love this stock BP graph of its share price, this is why the CEo is going to be fired soon…

    http://finance.yahoo.com/echarts?s=BP+Interactive#chart1:symbol=bp;range=3m;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

    Comment by BenjaminDOG | June 14, 2010 | Reply

  7. I would tend to agree that the CEO isn’t gonna make it thru this…

    The Bus is gonna get him……

    Comment by jamesb101 | June 14, 2010 | Reply


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