Chevron Gives $2.5 Million To House Republican Super PAC

Friday, October 26, 2012

House Republican Nitwits: John Boehner, Michelle Bachmann, & Eric Cantor

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.

This entry was posted in 2012 Election, Big Oil, Eric Cantor, John Boehner, Michelle Bachmann, Republican Scoundrels, U.S. House and tagged , , , , , , . Bookmark the permalink.

10 Responses to Chevron Gives $2.5 Million To House Republican Super PAC

  1. DMason says:

    This is valuable information. I will remember it when I need to put gas in my car and I will not buy any Chevron gasoline. They can go f*ck themselves.

  2. Unconditional1 says:

    I find Boehner and Cantor as well as the majority of the GOP, to be “hacks for hire.” Bachmann, is dumber and ditzier than the Minnesota State bird…the (loon).” No offense to loons as they actually seem to be smarter than most GOP representatives. Unlike seagulls in Minn., you never catch loons with a Rapala minnow…but I sure see many GOP candidates with their mouths wide open (like a seagull), waiting for the next “minnow with hooks” to be dropped or gobbled up, into their greedy gullets.

  3. Mets Fan says:

    There’s a good chance Michele Bachmann will lose her congressional seat.

    If this happens, it’s a vote for logic, fairness and commonsense. Three characteristics she lacks and the voters in her district a hungry for in their representative. As for Chevron, luckily, we don’t have any of their stations in my local area.

  4. Rachel says:

    America has the best political system money can buy.

  5. Yeah, it’s because they want something in return!!!

  6. Fran says:

    The system is not broken– it’s fixed!

  7. Great. Now I have no choice but to give to the GOP every time I fill up my tank. Where is Hugo Chavez and his oil when I need him?

  8. Estacada says:

    Thanks for posting this info. I now know I can avoid Chevron gasoline.

    Any other U.S. gas companies donating like this? If anyone knows I would appreciate reading who the bad guys are. As consumers we can make informed choices where to spend our money when we’re forking over $4 a gallon gas.

  9. Fran says:

    General economic theory holds that companies will produce more of a good if its price is higher, or if it receives subsidies. Funny that these rules didn’t seem to apply to Big Oil in 2011, when the highest oil price since 1864 and $2 billion in subsidies to the five largest oil companies—BP, Chevron, ConocoPhillips, ExxonMobil, and Royal Dutch Shell—yielded lower oil production than in 2010. But these five oil companies combined made a record-high $137 billion in profits in 2011—up 75 percent from 2010—and have made more than $1 trillion in profits from 2001 through 2011.[1] This exceeds the previous record of $136 billion in profits in 2008.

    Here are some more highlights from the big five’s activities in 2011:
    They produced 4 percent less oil and “oil equivalent” in 2011 compared to 2010.
    They spent a total of $38 billion, or 28 percent, of their profits to repurchase their own stock.
    They are sitting on more than $58 billion in cash reserves as of the end of 2011.
    They spent $1.6 million on campaign contributions and $65.7 million on lobbying efforts.
    For every $1 spent on lobbying in Washington, the big five received $30 worth of tax breaks.

  10. This is just another reason to justify ending oil subsidies! While it should not surprise anyone that the oil industry is the most profitable industry in the world, we still give them millions of dollars in US Tax dollars a year.

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