GOP Follows the Money… All the Way to Big Oil

Exxon Mobil announced a staggering $11.7 billion in second quarter profits today, the largest quarterly profits of any corporation in history, and the latest in a string of record-shattering profit announcements from the industry. Record-high oil prices may be squeezing Americans at the pump, but it’s obviously good business for the oil companies. Less obvious, but just as harmful to consumers, is just what good business it is for the Republican Party.

Over the past few years, Republicans in Congress and the oil companies have assembled a mutually beneficial money machine. Big Oil pumps millions into the campaign coffers of Republican Senators. Those Senators shower the industry with billions in big tax breaks. Big Oil makes record profits, and in turn, sends millions more back into Republican campaigns. Wash, Rinse, Repeat.

Huffington Post