Quick Factoid: Obama and the BP Money
Matt | On 05, May 2010
Guess who is at the top of the donations list from BP Oil over the past 20 years? President Barack Obama.
POTUS received over $77,000 in donations from the company and individual employees back when he was a U.S. Senator. BP is currently at the center of the current Gulf of Mexico oil spill crisis. That’s the highest amount of money given to any candidate by the company and its representatives in two decades. The Center for Responsive Politics originally released the figures.
An Obama spokesperson shifted the focus to the $750 million in donations from four million individuals during the 2008 campaign. They reiterated their standard stump line about having not taken any money from political action committees or lobbyists. The $77K went a campaign, but maybe not his PRESIDENTIAL campaign.
The money they gave to Obama is just a drop in the bucket compared to some of the other amounts they’ve spent. The company has given over $3.52 million to political candidates over the years, a mix of corporate and individual donations. They have money hanging out their a** on K Street, the lobbying district in Washington. This means they are spending some serious cash to make sure their viewpoints are all up in our energy legislation and they influence Gulf Coast Congressional reps.
Overall, when looking at the Obama donations, $77K is pennies compared to $750 million. But, you do have to ask yourself how does this money influence Congress? For a senator like Mary Landrieu (D-Louisiana), the $28,000 she has received over the years from BP would be a lot of money. She hasn’t needed to raise anywhere near the amount Obama has.
I refuse to sit here and think that SOME politicians are turning a blind eye to other energy company infractions because of campaign money. The better question is, “How often are they doing it?” Think about it and the unleaded 87 that’s floating on top of the Gulf instead of in your Buick!