October 19, 2007
CONTACT: Judy Dugan, 310-392-0522 x305
Giuliani Leaps Past $500,000 Mark in Big Oil Contributions;
All Presidential Candidates Should Return Oil Industry’s "Dirty Money," Says Watchdog Group
Santa Monica, CA — Rudy Giuliani is far ahead of the rest of the
presidential pack in contributions from the oil and gas industry,
netting $536,708 to date, more than the total of the next two top
recipients, Mitt Romney at $291,033 and Hillary Clinton at $211,043.
"With the price oil heading toward $100 a barrel and prices at
the pump headed back to $3.00 a gallon, politicians should be treating
Big Oil’s contributions as dirty money," said Judy Dugan, research
director of OilWatchdog.org and its parent organization, the Foundation
for Taxpayer and Consumer Rights. "Americans can’t afford politicians,
especially a president, indebted to the oil industry."
The contribution data, from election watchdog OpenSecrets.org,
shows the oil and gas industry giving nearly $1.5 million to the
industry’s top five recipients, also including John McCain and Bill
Richardson. Richardson is governor of New Mexico, an oil producing
state. (See more candidate contributions on front page of www.OilWatchdog.org.)
Giuliani, however, has the closest ties to oil industry figures, developed since he was mayor of New York.
His law firm, Houston-based Bracewell & Giuliani, has
lobbied Texas legislators on behalf of Citgo Petroleum Corp., a
Texas-based oil company ultimately controlled by Venezuelan President
Hugo Chavez. The firm also has worked on behalf of Saudi Arabia’s oil
ministry in a Texas court case, and its other legal clients include
ChevronTexaco; BMB Munai, a developer of oil wells in Kazakhstan, and
Statoil, a Norway-based oil and gas conglomerate.
Giuliani Partners, the former mayor’s consulting business
co-founded with Texas GOP fund-raiser Ray Bailey, held contracts to
advise Entergy (a leading U.S. nuclear power plant operator) and
Broadwater Energy, which hopes to build a liquefied-natural-gas
terminal in New York’s Long Island Sound. Oilman T. Boone Pickens is a
Giuliani fund-raiser. A Time Magazine article in March called Giuliani
an "honorary Texas oil lawyer."
Valero Energy, the largest North American oil refiner, has been
a client of Bracewell & Giuliani and gave more than $14,000 to
Giuliani’s campaign. And Giuliani has advised TransCanada Corp. and
Shell Oil Co. on a plan to place a 1,215-foot-long barge on Long Island
Sound to store liquefied natural gas.
(Click here for sources and more details.)
In just the last quarter, Giuliani received more than $10,000,
according to Federal Election Commission data, in donations linked to a
Swiss-based oil refiner, Petroplus, that has been expanding rapidly.
The industry’s resistance on climate change, indifference to
renewable fuels and profiteering at the gas pump has put oil money in
the same class as tobacco money," said Dugan. "Returning these
contributions would be the best signal by any candidate that he or she
is really on the side of the consumer and the environment."
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