Friday, October 26, 2012
Oil giant Chevron has it’s nose up the House Republican majority’s rectum.
The multi-billion dollar oil company donated $2.5 million to a super PAC working to maintain the Republican majority in the next Congress.
Chevron’s contribution to the Congressional Leadership Fund is the largest by a publicly traded company this election cycle. Other major corporate givers to super PACs include Penske Corp. and Scotts Co.
The oil and gas industry has long been a reliable GOP supporter, consistently sending GOP candidates more than 70 percent of the industry’s campaign contributions. But that support has increased even further in the 2012 cycle.
In 2012, a whopping 90 percent of the industry’s contributions go to Republican candidates, according to the Center for Responsive Politics.
Overall, oil and gas companies have spent $49 million on political contributions this election cycle, according to the Center for Responsive Politics.