Big Oil

From Conservapedia
This is an old revision of this page, as edited by Rob Pommer (talk | contribs) at 03:12, April 4, 2007. It may differ significantly from current revision.
Jump to navigation Jump to search

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

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.

References

  1. ↑ Pipeline Fact Sheet[1]
  2. ↑ Industry Totals: Oil & Gas[2]