Difference between revisions of "Big Oil"
TempestHead (talk | contribs) (deleted a lot of POV. more explanation on talk page.) |
Brewer13210 (talk | contribs) (Provided more complete numbers for political contributions.) |
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| − | Big Oil is a term some use to describe the major petroleum companies such as ExxonMobil, ChevronTexxaco, British Petroleum and | + | '''Big Oil''' is a term some use to describe the major petroleum companies such as ExxonMobil, ChevronTexxaco, British Petroleum and others. |
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| + | Oil is used as a raw ingredient in the production of gasoline, heating oil and plastics.<ref>Pipeline Fact Sheet[http://primis.phmsa.dot.gov/comm/FactSheets/FSProductList.htm]</ref> | ||
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| + | == Politics == | ||
| + | Some [[Democratic Party|Democrats]] often position themselves against Big Oil while in general, [[Republican]] candidates are favorable to these large oil corporations. 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.<ref>Industry Totals: Oil & Gas[http://www.opensecrets.org/industries/indus.asp?Ind=E01]</ref>. 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. | ||
==References== | ==References== | ||
Revision as of 01:16, March 20, 2007
Big Oil is a term some use to describe the major petroleum companies such as ExxonMobil, ChevronTexxaco, British Petroleum and others.
Oil is used as a raw ingredient in the production of gasoline, heating oil and plastics.[1]
Politics
Some Democrats often position themselves against Big Oil while in general, Republican candidates are favorable to these large oil corporations. 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.