Difference between revisions of "Big Oil"
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Revision as of 06:47, April 27, 2007
Big Oil is a term some use to describe the major petroleum companies such as Exxon-Mobil, Chevron-Texaco, British Petroleum and others.
Oil is used as a raw ingredient in the production of gasoline, heating oil and plastics.[1]
Politics
From 1990 to 2006, the oil industry as a whole contributed $48,972,754 to Democratic candidates while contributing $150,571,902 to Republican candidates, for a 25% to 75% split between the two parties and a total of $200,865,355 in campaign contributions.[2]. The disparity in the donations between the parties was widened from a 38%/62% split in 1990 to a 17%/82% split in 2006 in favor of Republican candidates.