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Rudy Giuliani, $477,208 in Big Oil Money | Oil Watchdog

Press Release

Rudy Giuliani, $477,208 in Big Oil Money


Mon, Aug 13, 2007 at 10:55 am

    Rudy Giuliani, $477,208 in Big Oil Money

    It seems counterintuitive that a former New York mayor would lead the presidential pack in raising funds from Big Oil. But he has sought out powerful Texas and other oil connections, including a Texan fixer and fund-raiser, a merger with a major Texas law firm and security consulting contracts with oil companies.

    Some details:

    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.

    – USA Today, July 17, 2007

    Giuliani Partners, the former mayor’s consulting business co-founded with Texas GOP fund-raiser Ray Bailey, "signed contracts to advise such security-conscious businesses as 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). With the other hand, the company began reaching out to such key Bush supporters as oilman T. Boone Picken." It was Bailey’s ties that turned the Texas law firm Bracewell Patterson into Bracewell & Giuliani. These ties earned Giuliani the moniker, "honorary Texas oil lawyer."

    – Time Magazine, March 22, 2007

    Valero Energy, the largest refiner in North America, has been a client of Bracewell & Giuliani and gave more than $14,000 to Giuliani’s campaign.
     UPI, 5/7/07

    Giuliani received $48,000 from Shell Oil Co. for a speech in March 2006.
    (Candidate financial disclosure form)

    Giuliani is advising 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.

    – Bloomberg April 30, 2007

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