facebook
twitter
rss
account
search
search
 

Advocacy group says big oil driving U.S. policies

Sept. 27, 2013 at 7:31 AM   |   Comments

WASHINGTON, Sept. 27 (UPI) -- An advocacy group said it was frustrated by the level of influence the private oil and natural gas industry has on U.S. policymakers.

Oil Change International, a group scrutinizing the industry, said North American oil and natural gas companies reported a combined $271 billion in profits last year. It said a "huge share" of the overall profits can't be accounted for, however, because private companies aren't required to disclose their financial information.

The advocacy group said private energy companies have a significant influence over U.S. policymakers.

"Fossil fuel industry lobbying expenditure and contributions to the U.S. Congress amounted to over $536 million in the 112th Congress [2011-12]," it said in a statement Thursday.

The New York Times reported Thursday members of the U.S. House of Representatives offered a "legislative Christmas tree" to lawmakers debating a measure to prevent the government from defaulting on its debt obligations by mid-October.

House leaders included the Keystone XL oil pipeline, offshore oil and gas production and efforts to block Environmental Protection Agency regulations on greenhouse gas emissions in their fiscal legislation.

Supporters of more energy development say it would help the economy. Oil Change International said campaign financing from the energy sector "ensures that U.S. politicians represent the fossil fuel industry's interests above those of the people that elected them."

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Freedom variant LCS takes to water Freedom variant LCS takes to water
2
MDA demos tracking, targeting capability of Aegis MDA demos tracking, targeting capability of Aegis
3
Iraq seeks thousands of tank rounds Iraq seeks thousands of tank rounds
4
Australia upgrading Tiger helos; receives MH-60R from U.S. Australia upgrading Tiger helos; receives MH-60R from U.S.
5
CNN absent from the Dish Network lineup CNN absent from the Dish Network lineup
Trending News
Around the Web
x
Feedback