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Thursday, April 27, 2006

Gas Money

Posted by on April 27 at 15:49 PM

I quoted from a GOP press release earlier today, so, let me report on today’s press release from the Democrats.

The Democrats are dinging GOP U.S. senate candidate Mike McGavick for taking campaign contributions from Exxon:

McGavick’s FEC report for the first quarter of 2006 reveals that he took $1,000 from Exxon Mobil’s PAC, in addition to PAC checks from Arctic drilling champions Senator Ted Stevens and Senator Lisa Murkowski.  Today, Exxon Mobil announced first quarter profits of $8.4 billion. Lobbyist! Mike’s latest FEC report does not include the oil-soaked fundraiser in Alaska, hosted by Ted Stevens and a who’s-who of big oil special interests this month. But it does include contributions from big oil all-stars Senator Ted Stevens (whose Northern Lights PAC gave McGavick $5,000) and Senator Lisa Murkowski (whose PAC gave McGavick $2,000) in addition to a $1,000 check from Exxon Mobil’s PAC. “McGavick’s oil-soaked FEC report shows where his true allegiance lies with big oil special interests not with Washington’s working families who are paying for Exxon’s greed at the pump,” said Kelly Steele, communications director for Washington State Democrats. “While Lobbyist! Mike has been courting Exxon Mobil and their big oil cronies, the oil companies have been lining their pockets for another quarter of sky-high earnings, paid for at the expense of average Washingtonians.”  “While Maria Cantwell is working to hold oil companies accountable for skyrocketing profits and price gouging at the pump, and while she’s leading the fight to protect the Arctic Refuge from oil drilling, Lobbyist! Mike is lining his pockets with big oil’s money,” said Steele.


Footnote: Thanks to fucked up gas prices, Exxon displaced Wal-Mart atop this year’s Fortune 500 list with a 25% jump in revenues over last year & a 42.6% jump in profits. Exxon took in $36 billion in profits this year off $339 billion in revenuesa 10.6 percent profit margin.


CommentsRSS icon

Say, where was everybody three months ago when Exxon-Mobil reported these record profits with shit eating grins on their faces?

What about that evil Boeing Company? They are really gouging those Chinese and airplane companies, aren't they? Let's get them, too.

But seriously, can't we get an energy policy that combines developing more fuel efficient engines with limited drilling somewhere.

Sounds like you've caught another case of gasoline fever!

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