A Whole Lotta Nothing Matt Haughey’s Personal Blog

You get what you pay for

Contributions from Oil & Gas industry to Bush 2000 campaign: $1,889,206
Contributions from Oil & Gas industry to Bush 2004 campaign: $2,596,725

Price of a barrel of crude oil at the beginning of 2001: about $23
Price of a barrel of crude oil at the end of April, 2008: nearly $120

$1 trillion profits to OPEC nations predicted for 2008

I’m glad you also pointed out that the #1 contributor to Speaker Pelosi in ‘06 was Occidental Petroleum, otherwise you’d look pretty clueless.

Is there supposed to be a correlation between the contributions to Bush’s campaign and oil prices? I’m not seeing it. Did Big Oil make large contributions to Jimmy Carter’s campaign when oil prices went through the roof in the late 70’s?

What’s the link to the OPEC story for? Did OPEC donate to Bush’s campaign too? Maybe Ahmadinejad was secretly a Bush Ranger…..

I’m glad you also pointed out that the #1 contributor to Speaker Pelosi in ‘06 was Occidental Petroleum, otherwise you’d look pretty clueless.

Pelosi takes money from the same companies and maintains the status quo.

Is there supposed to be a correlation between the contributions to Bush’s campaign and oil prices?

Bush has dragged his feet on things that would decrease our reliance on big oil, they’ve given quite a bit to his campaign, and profits are through the roof for oil companies. I only linked to the OPEC story because it summed up the record profits that the oil industry is seeing right now.

Oh come on… you’re too smart to believe that the Bush administration controls oil prices, aren’t you?

I never said he controlled prices, just that he’s done everything he can to help his financial backers. Just like his #1 contributors to the past two elections being from retirees — he’s done everything he can to give economic gains to those with a lot of money, like retirees.

Hey Matt, et al, you might like the site, Follow the Oil Money: http://www.oilmoney.priceofoil.org/