Chevron Donates $2.5 Million To GOP Super PAC In Single Largest Corp Donation Post-Citizens United

[Tx4obama]

Chevron Donates $2.5 Million To GOP Super PAC In Single Largest Corporate Donation Post-Citizens United

Chevron, the second-largest oil company in the U.S. and eighth-largest in the world, contributed $2.5 million in October to the Congressional Leadership Fund, a super PAC to elect House Republicans. That makes Chevron’s super PAC donation the single largest from a corporation.

The donation comes after House Republicans voted 109 times this Congress to enrich oil companies. According to Public Campaign Action Fund’s Adam Smith:

The donation appears to be the largest from a publicly-traded corporation in the post-Citizens United era. The corporate donation is double what the company’s PAC and employees have already donated to federal candidates and committees this cycle, according to analysis of data from the Center for Responsive Politics.

The company’s donation arrives in an election year where the oil industry has waged multimillion-dollar ad campaigns, including American Petroleum Institute’s campaign in swing states. Chevron has also sent 91 percent of its federal political contributions to Republican candidates. So far this year, fossil fuel groups have spent more than $153 million on campaign ads to promote pro-fossil fuel candidates.

-snip-

http://thinkprogress.org/climate/2012/10/26/1094541/chevron-election-republicans/

This is a bunch of bullshit.
Shows that they over charge customers, if they have money to toss at campaigns.
And also example of why they should not receive federal subsidies anymore!

[theinquisitivechad]

1. Cheap bastards.

With all the money they make, that's all they could give in a single donation? $2.5m? Is there a cap on donations to Super PACs or are they really that tight-fisted?

[LiberalFighter]

2. They aren't taxed enough!

[cognoscere]

3. Don't we always hear about how the corporations have a fiduciary duty to shareholders

to maximize profits? Seems like it would really maximize them if they weren't shoveling two and a half mil down some shithole.

[Arctic Dave]

4. Trying to invest a few million to save themselves billions they will have to pay Equador?

Get their shill in the Whithouse and have them over ride the judges verdict on their enviromental damage case.

[progressivebydesign]

5. any republican that whines about gas prices need to understand who the oil industry wants...nt

[realFedUp]

6. A good reason to not shop at Vons on the west coast in their Chevron tie in right now

2 companies at one time to avoid.

[stopwastingmymoney]

7. I don't buy gas from Chevron

http://www.projectcensored.org/top-stories/articles/the-true-cost-of-chevron/

My personal boycott was inspired by a project censored story from about 10 years ago

This is a more recent story