Republican House Speaker John Boehner would benefit more than almost anyone if the Keystone Pipeline deal gets passed. Speaker Boehner has invested up to $365,000 of his own money in seven companies that would benefit from a deal getting passed.
According to the Washington Post, “The firms include six oil companies—BP, Canadian Natural Resources, Chevron, Conoco Phillips, Devon Energy and Exxon—along with Emerson Electric, which has a contract to provide the digital automation for the first phase of a $9.4 billion Horizon Oil Sands Project in Canada.”
Speaker Boehner said on Sunday that he wants to attach the Keystone Pipeline provision to Obama’s infrastructure bill in February.
Meanwhile, the Senate Democrats is going to vote this week to prosecute members of Congress from engaging in insider trading such as this. It’s called the STOCK Act.
Via Western Progressive.
- Fudged Factoid From AP: Keystone Pipeline Will Create ‘More Than 1,000’ Jobs
- As deadline nears, friends and foes of Keystone XL pipeline step up campaigns – The Washington Post
- Speaker John Boehner’s State Of The Union Guests Include Oil Bigs ‘Hurt’ By Pipeline Rejection
- Keystone Pipeline – At least be honest about it