Why does the US government appear to be in the pocket of BP?
The New York Times recently reported that:
Before the spill, BP had maintained a low profile in Washington relative to other companies, with its lobbying work and political contributions usually trailing other oil-and-gas giants like Exxon Mobil, Chevron and Conoco Phillips. Unlike many other companies with federal interests, BP kept most of its lobbying work in-house, although it had retained several prominent Washington lobbyists, including Ken Duberstein and Tony Podesta, to make its case on issues including tax incentives for gas production and climate control regulations.
A little clout can go a long way, however, and Timothy Carney, a conservative columnist at the Washington Examiner, recently argued that BP has been “a close friend of big government whenever it serves the company’s bottom line.”
Copied
Thursday, July 15, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment