BP's Flow Of...Campaign Cash

The flow of oil from the blown BP well in the Gulf has brought something else to the surface...the money politicians have been accepting from the oil giant!

 

The flow of oil from the blown BP well in the Gulf has many politicians pointing fingers at each other for cozying up to the oil industry.

Those kind of comments make you wonder just who has been accepting campaign donations from the oil giant.

Several national news organizations have been combing through the political donation reports from B.P. over the past few weeks.

I'm referencing a report from Reuters for the information here...but all of the news reports show essentially the same thing.

Reuters, citing the Center for Responsive Politics, reports BP and its employees have given more than $3.5 million to federal candidates over the past 20 years. In addition, the oil giant has spent millions each year on lobbying - including $15.9 million last year alone.

As far as money to politicians...here's where the Center for Responsive Politics says it went: President Obama has received the largest chunk of money, a total of $77,051. Sen. Mary Landrieu (D-La.) banked more than $28,000 in BP cash. Republican Rep. Don Young of Alaska raked in $73,300 during his congressional tenure. Sen. George Voinovich (R-Ohio), accepted in $41,400. Sen. John McCain (R-Ariz.) has received $44,899.

The Reuters report goes on to say in 2008 alone, BP gave $37,000 to members of the House Energy Committee and $106,501 to members of the Senate Homeland Security Committee, which deals with security issues facing the nation's oil supply. In 2000, the company gave almost 39 percent more to Republicans than to Democrats. But by 2008, Democrats had nearly pulled even with Republicans on BP donations.

Giving money to candidates and political parties is all a part of how our system works. What it all means when it comes to how and why the oil spill may have happened is the 3.5 million dollar question!

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