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Oil industry cranks up lobbying effort

For discussions of events and conditions not necessarily related to Peak Oil.

Oil industry cranks up lobbying effort

Unread postby Graeme » Thu 18 Jun 2009, 18:34:01

Oil industry cranks up lobbying effort

Oil and gas companies have accelerated their spending on lobbying faster than any other industry, training their gusher of profits on Washington to fight new taxes on drilling and slow efforts to move the nation off fossil fuels.

The industry spent $44.5 million lobbying Congress and federal agencies in the first three months of this year, on pace to shatter last year's record. Only the drug industry spent more.

Last year's total of $129 million was up 73 percent from two years earlier. That's a faster clip than any other major industry, according to data from the Center for Responsive Politics.


AP
Human history becomes more and more a race between education and catastrophe. H. G. Wells.
Fatih Birol's motto: leave oil before it leaves us.
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