BP’s Ownership Stake in Congress

In the statistics set forth below, published by Public Citizen today,you can easily see why Congress never provided oversight on BP, and why the giant British company, ensconsed in the protective arms of  friendly Washington politicians, has nothing to worry about.

  • $20 billion: Size of fund BP has agreed to create to pay for claims associated with the Gulf oil disaster.
  • $239 billion: BP’s sales and other operating revenue in 2009.
  • $9 million – $14.5 million: The value of stock in oil and gas companies held by members of the House of Representatives and Senate who are charged with oil and gas oversight.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s