Exxon’s Record Breaking Profits-$eparate Oil & $tate

10:52 am Economy, News, Opinion

So what does Exxon and other oil hogging giants do with all their oil profits?

One avenue that helps their chances at minimizing operating costs and other related expenditures (to increase a relatively low profit margin 10.83%, to be fair…but why, 11% at $4/gallon?) is to contribute to people in congress who will vote in their favor to keep laws and restrictions from hindering their abilities to achieve these record breaking goals.

Well, now there’s a little tool made available to us by the people at the Center for Responsive Politics. It’s a game called “follow the oil money;” a game you and I can’t win.

To play, just click this link, enter your zip code and find out how much your congress people are getting from big oil profits.

In words that almost quote John Wayne…”It’s re-gosh-darned-diculous!”

I don’t want to point fingers but let’s point fingers.

First let’s look at the Speaker of the House.

Representative Nancy Pelosi (D-CA08)

She accepted $36,800 from the oil and gas industry since 2000. She supported the industry in 22% of selected votes. From this she doesn’t look all that evil, but evil is as evil does, right?

Let’s use my former Governor turned Senator as another example, Senator Voinovich. This is what he has received since 2000.

Yeah, I’d be smiling too.

Senator George Voinovich (R-OH)

He accepted $176,117 from the oil and gas industry since 2000. He supported the industry in 100% of selected votes. 100%!!!

Do you think he’s feeling this petroleum crunch? Here are the specifics.

Company Name

Oil Contributions

Marathon Oil

+ $21,550

Sunoco Inc

+ $19,000

Valero Energy

+ $10,000

BP

+ $9,350

Exxon Mobil

+ $6,000

Kuss Petroleum

+ $6,000

Ashland Inc

+ $5,617

American Gas Assn

+ $5,000

Halliburton Co

+ $5,000

Occidental Petroleum

+ $5,000

Koch Industries

+ $5,000

American Petroleum Institute

+ $4,750

Shell Oil

+ $4,500

North American Drillers

+ $4,000

Petroleum Marketers Assn

+ $4,000

Ohio Petroleum Marketers

+ $3,250

ChevronTexaco

+ $3,000

National Propane Gas Assn

+ $3,000

Society of Indep Gasoline Marketers

+ $3,000

Kerr-Mcgee Corp

+ $3,000

Oil & Gas

+ $3,000

French Oil Mill Machinery Co

+ $2,750

Keenan Advantage Group

+ $2,500

Anadarko Petroleum

+ $2,000

Ohio Oil & Gas Assn

+ $2,000

El Paso Corp

+ $2,000

Calderon Energy

+ $1,500

Marathon Ashland Petroleum

+ $1,250

Summit Petroleum

+ $1,250

Jordan Energy

+ $1,250

Calderon Energy Co

+ $1,150

Cargill Inc

+ $1,000

Oxford Oil

+ $1,000

Mosbacher Energy

+ $1,000

ConocoPhillips

+ $1,000

Dynegy Inc

+ $1,000

Oxford Oil Co

+ $1,000

National Petrochemical & Refiners Assn

+ $1,000

Energy Storage Technologies

+ $1,000

Peoples Energy Corp

+ $1,000

Hess Energy Trading

+ $1,000

O&P Oil & Gas

+ $1,000

Independent Petroleum Assn of America

+ $1,000

Interstate Natural Gas Assn of America

+ $1,000

Pickens Co

+ $1,000

Ohio Oil & Gas Assoc

+ $1,000

Alliance Petroleum

+ $1,000

Knox Energy

+ $1,000

Bp America

+ $800

Oil & Gas Industry

+ $750

Moulton Gas Services

+ $750

Atlantic Richfield

+ $500

AW Tipka Oil & Gas

+ $500

McDermott International

+ $500

Coastal Corp

+ $500

Columbia Gas

+ $500

Moulton Gas Service

+ $500

Edco Drilling & Producing

+ $500

Jackson Oil

+ $500

Ports Petroleum Co

+ $500

Allen Oil

+ $400

Lykins Petroleum Marketers

+ $250

Buckeye Oil Producing Co

+ $250

Certified Oil Co

+ $250

Eberly & Meade Inc

+ $250

Englefield Oil

+ $250

The total of the contributions in this table may be less than the overall total because some contributions have been hidden by the filtering options.

It’s just disgusting. I urge you to send this link to everyone you know. Let’s expose corruption for what it’s become…and that’s congress.

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