No surprise...!
Oil and gas lobbying reaches $72 million in first half of 2024
By Molly Taylor
August 15, 2024
"The American Fuel and Petrochemical Manufacturers led the oil and gas industry in federal lobbying expenditures in the first half of 2024, marking the first time the trade association outspent the top individual companies in the industry.
"The trade association, which represents 450 fuel refining and petrochemical companies, leads the oil and gas industry with $8.1 million in federal lobbying expenditures over the first half of 2024. This level of spending marks a shift in influence, as individual oil and gas companies have typically outspent the trade association by millions of dollars.
"The oil and gas industry altogether spent $72 million on federal lobbying in the first six months of 2024 as the #EPA introduced some of its strongest-ever regulations to reduce #FossilFuel emissions. The industry is on track to exceed last year’s expenditures, which totaled $137 million after adjustment for inflation, and is the fifth-highest lobbying industry of the year.
"The American Fuel and Petrochemical Manufacturers emerged as the top spender after doubling its federal lobbying expenditures from 2022. Between 2016 and 2022, the trade organization spent, on average, $3.4 million annually without adjusting for inflation. In 2023, spending jumped to $6.9 million in 2023.
"In the first six months of 2024, the American Fuel and #Petrochemical
Manufacturers has already spent more on federal lobbying than any prior year."
https://www.opensecrets.org/news/2024/08/oil-and-gas-lobbying-reaches-72-million-in-first-half-of-2024