http://www.opensecrets.org/industries/indus.asp?Ind=E01 Go here and find out !
2006-08-17 01:55:09 · 15 answers · asked by J D 4 in Politics & Government ➔ Politics
LOOK HOW MUCH !!
2006-08-17 02:04:15 · update #1
For example, Chevron Texaco has given the republican party more than $5.2 million since 1990. Under Bush' stimulus plan, they stood to receive around $572 million in the form of a retroactive tax cut. Enron has given $5.5 million during the same period, and they stood to receive $254 million. General electric stood to receive over $600 million in return for there contributions of less than $2 million. The list could go on extensively. It seems obvious that the money spent to get a candidate elected is much less than the eventual pay backs.They have all received large contributions from pharmaceutical companies and healthcare agencies ($35,000; $32,000; $116,000; $75,000 in 2000 respectively)(2). The House this week will consider $8 billion in tax breaks targeted to the energy industry at a time when some of those companies are enjoying soaring profits from high consumer prices.The U.S. government over the next five years will give a windfall of $7 billion to oil companies -- yes, the same oil companies that reported record profits last year. But wait, it gets worse: If one oil company that is suing the government succeeds, that windfall could hit nearly $35 billion. BUSH GIVES AND GIVES TO OIL COMPAINES AND TAKES FROM US !!
2006-08-17 02:08:43 · answer #1 · answered by jdfnv 5 · 3⤊ 1⤋
Look at oil polices of the Bush administration. Did Cheney not meet in secret with oil compaines to develop an energy policy?
2006-08-17 10:01:46 · answer #2 · answered by murraystate69 3 · 1⤊ 0⤋
Not just the oil industry, but other industries too owned by the rich and powerful.
2006-08-17 09:13:13 · answer #3 · answered by Anonymous · 1⤊ 1⤋
Not only do they invest in the Republican party. Our current President is a product of BP, Exxon-Mobil, and Chevron Texaco.
2006-08-17 09:23:11 · answer #4 · answered by Anonymous · 1⤊ 2⤋
Considering that the Democrats have demonized them for years, have prevented them from building new refineries, straddled them with overregulation, and have prevented them from new exploration in America, then why would they give money to the Dems?
You should also check out how Lawyers and Unions have bought the Democrat party.
2006-08-17 09:18:23 · answer #5 · answered by Anonymous · 2⤊ 2⤋
Of course they support the Republican party financially. But they are not stupid and hedge their bet by supporting the Democrats as well.
So they are in a win/win situation. That's politics, baby!
2006-08-17 09:09:09 · answer #6 · answered by Hi y´all ! 6 · 1⤊ 2⤋
Do oil companies invest in research and development?
http://www.washtimes.com/business/20060808-124344-3187r.htm
They sure do. Sometimes more than their proft. I wish all the evil in the world could be blamed on oil. That'd make life so much easier.
2006-08-17 09:06:53 · answer #7 · answered by MEL T 7 · 1⤊ 2⤋
actually Oil companys give more money to the American Leftist party
2006-08-17 09:33:31 · answer #8 · answered by W E J 4 · 1⤊ 1⤋
Do not know what it says, and don't care....the fact is they donate to both parties, so no matter who is in charge, they get some benefits
2006-08-17 08:59:43 · answer #9 · answered by Anonymous · 1⤊ 2⤋
and the democratic party and various members of both parties
2006-08-17 09:00:53 · answer #10 · answered by Anonymous · 2⤊ 1⤋