Campaign 2010

Apr 24, 2008

House Republican Leaders’ Hypocrisy on Gas Prices

Just when you think you’ve seen everything, Republicans leaders hypocritically attack Democratic leaders on high gas prices.  What Republican leaders failed to mention is that they are some of Big Oils’ best friends – having received more than a million dollars in campaign contributions.  It’s not surprising that Republican leaders received so much from Big Oil special interests – they blocked every Democratic effort to lower gas prices.

 

“House Republican leaders saying anything about the need to lower gas prices is laughable given their close relationship with Big Oil,” said Jennifer Crider, Communications Director at the DCCC.  “Republican leaders have filled their campaign coffers with more than $1 million dollars in Big Oil special interest money, protected tax breaks to their Big Oil friends, and blocked Democratic efforts to help middle class Americans by lowering gas prices.  Minority Leader Boehner’s constituents would be paying a whole lot less than $3.57 per gallon at the pump if he showed the same level of commitment to helping middle class families as he does to scoring cheap political points.”

 

 

BACKGROUND

 

Total Amount from BIG OIL to GOP Leadership: $1,597,045

 

Minority Leader John Boehner (R-OH) 

 

Ø      Total Amount Boehner has accepted from the Oil and Gas Industry: $163,250

 

Minority Whip Roy Blunt (R-MO)

 

Ø      In 2008: Blunt is 10th highest recipient of oil and gas money in Congress – accepting $55,800

Ø      Total Amount Blunt has accepted from the Oil and Gas Industry: $318,898

 

Conference Chairman Adam Putnam (R-FL)

 

Ø      Total Amount Putnam has accepted from the Oil and Gas Industry: $63,300

 

Policy Chairman Thaddeus McCotter (R-MI)

 

Ø      Total Amount McCotter has accepted from the Oil and Gas Industry: $15,950

 

NRCC Chair Tom Cole (R-OK)

 

Ø      In 2008: Cole is the 14th highest recipient of oil and gas money in Congress – Accepting $45,350

Ø      Total Amount Cole has accepted from the Oil and Gas Industry: $271,050

 

Representative Kay Granger (R-TX), Conference Vice-Chair

 

Ø      In 2008: Granger is 6th highest recipient of oil and gas money – Accepting $66,300

Ø      Total Amount Granger has accepted from the Oil and Gas Industry: $490,847, making her the14th highest recipient of Oil and Gas Money in the House of Representatives

 

Representative John Carter (R-TX), Conference Secretary

 

Ø      Total Amount Carter has accepted from the Oil and Gas Industry: $129,550

 

Representative Eric Cantor (R-VA), Chief Deputy Whip

 

Ø      In 2008: Cantor is 25th highest recipient of oil and gas money in Congress – Accepting $27,200

Ø      Total Amount Cantor has accepted from the Oil and Gas Industry: $144,200

 

Source: center for responsive politics, campaign finance data, Accessed: 4/24/08

Total amount based on calculations from 1989-2008.

 

 

Democratic Legislation 

 

The No Oil Producing and Exporting Cartels (NOPEC) Act - H.R. 2264 – enables the Department of Justice to take legal action against OPEC-controlled entities for participating in oil cartels that drive up oil prices.  Passed: May 22, 2007

 

The Energy Price Gouging Act – H.R. 1252 – provides immediate relief to consumers by giving the Federal Trade Commission (FTC) the authority to investigate and punish anyone who artificially inflates the price of energy. Passed: May 23, 2007

 

Renewable Energy and Energy Conservation Tax Act of 2008 - H.R. 5351—

ends subsidies to Big Oil companies and invests in clean, renewable energy and energy efficiency. Passed: February 27, 2008

 

Market Manipulation Provisions in the Energy Independence and Security Act of 2007

The Energy Independence and Security Act of 2007 – made it illegal to report false information on the wholesale price of gasoline and required the Federal Trade Commission (FTC) to enforce and punish those found guilty of market manipulation.  Signed into law: December 2007.

 

Cost of gas in Cincinnati, OH – $3.57

[AAA Daily Fuel Gage Report, http://www.fuelgaugereport.com/OHmetro.asp]