04-12-07 by Court
What is the matter with Dianne Feinstein?
First she tries to torpedo House-passed legislation forcing oil companies to pay royalties on their offshore drilling leases. Feinstein called the the Dems’ first-100 day closing of the loophole legally questionable as a way of undermining its chances in the US Senate.
Now Feinstein’s trying to convince Arnold Schwarzenegger to allow LNG facilities in California just after the state lands commission voted down a proposal off-shore in Ventura.
Chevron’s got a big stake in both isssues, including Australian LNG, the very type bound for California’s shore if Schwarzenegger allows the building of a terminal.
Ask around high society in San Francisco and you’ll find out that Feinstein and hubby Dick Blum are pals with Chevron CEO David O’Reilly. Is Feinstein’s friendship getting in the way of her representation of the state?
Arnold Schwarzenegger has similar choices to make. Chevron is the Gov’s 18th largest donor, kicking $516,800 to his political committees, with a host of other LNG advocates on his top 100 list too.
Not only has Schwarzenegger been an LNG supporter, but his appointee on the state lands commission was the losing minority vote in favor of the nixed Ventura project. Reviving that project would take the Gov’s support now and a lawsuit against the state lands commission.