The “American” in American Petroleum Institute, the country’s largest oil lobby group, is a misnomer. As I reported for The Nation in August, the group has changed over the years, and is now led by men like Tofiq Al-Gabsani, a Saudi Arabian national who heads a Saudi Arabian Oil Company (Aramco) subsidiary, the state-run oil company that also helps finance the American Petroleum Institute. Al-Gabsani is also a registered foreign agent for the Saudi government.Seriously, I'd rather have Greece's Fascist Golden Dawn party involved in our politics than the House of Saud.
New disclosures retrieved today, showing some of API’s spending over the course of last year, reveal that API used its membership dues (from the world’s largest oil companies like Chevron and Aramco) to finance several dark money groups airing attack ads in the most recent election cycle.
Last year, API gave nearly half a million to the following dark money groups running political ads against Democrats and in support of Republicans:
• $50,000 to Americans for Prosperity’s 501(c)(4) group, which ran ads against President Obama and congressional Democrats.
• $412,969 to Coalition for American Jobs’ 501(c)(6) group, a front set up by API lobbyists to air ads for industry-friendly politicians, including soon to be former Sen. Scott Brown (R-MA).
• $25,000 to the Sixty Plus Association’s 501(c)(4), which ran ads against congressional Democrats.
Jack Gerard, the president of API, was a close ally to the Mitt Romney campaign. Like the US Chamber of Commerce, API is one of several large trade associations that has spent heavily in support of Republican candidates.
06 December 2012
The House of Saud Tried to Buy Our Elections
This is the natural result of the Supreme Court's Citizens United Decision:
Labels:
Campaign Finance
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Corruption
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House of Saud
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Presidential Campaign
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