On July 25, I wrote about U.S. Sen. John McCain's newfound ability to raise massive amounts of money from some folks who hadn't been giving him the time of day -- or much money, for that matter -- before he found religion and reversed his long-held position against offshore drilling.
And BOOM! McCain hit a gusher, which I touched on here.
According to a report from The Washington Post:
Oil and gas industry executives and employees donated $1.1 million to McCain last month -- three-quarters of which came after his June 16 speech calling for an end to the ban -- compared with $116,000 in March, $283,000 in April and $208,000 in May.
McCain and his Republican buddies haven't let up since. They believe they've found their holy grail in convincing the American people -- frustrated and burdened by $4 a gallon gas prices -- that offshore drilling will immediately lower those skyhigh prices. There's just one little problem: it's just not true. McCain has admitted it. Even the American Petroleum Institute has admitted it. So why does McCain keep talking about offshore drilling as the solution to all of our nation's problems?
A few more follow-the-money details have emerged:
In a witty (but all-too-familiar) article in today's Los Angeles Times, reporter Dan Morain writes:
DEPARTMENT OF COINCIDENCESOilman greases skids for McCain campaign
Among the donors from John B. Hess' company are an office manager and her husband, who pony up $57,000.On June 10, John B. Hess, a top executive at the oil company with his family name, summoned friends to the 21 Club, a former speakeasy in Manhattan, and delivered $285,000 to John McCain and the Republican National Committee.
A week later, McCain traveled to Texas and announced his support for offshore oil drilling.
Hess Corp. is an East Coast gasoline retailer with major refining and exploration operations, some of which happen to be offshore in the Gulf of Mexico.
Hess was one of half a dozen hosts who tapped friends for the maximum $28,500 donation to the GOP. Others included investor Henry Kravis and hedge fund mogul Paul E. Singer.
McCain spokesman Brian Rogers said there was no link between the money and McCain's stand. "Mr. Hess was fundraising before Sen. McCain made the announcement," he said.
Most Hess donors were company attorneys, vice presidents or, like John Hess, board members. But one, Alice Rocchio, listed her job as office manager, and she gave $28,500, as did her husband, Amtrak foreman Pasquale Rocchio.
The information emerged in a Campaign Money Watch report last week, followed by an item Monday on Talking Points Memo, which wondered how they could afford to give $57,000 to a political campaign. Alice Rocchio told TPM that McCain was her favorite candidate and the money was the Rocchios' to give.
The Rocchios also gave $4,600 in February, when Hess employees -- one of whom listed his occupation as "driver" -- delivered $23,000 to McCain. The couple have not given to any other federal campaign for at least the last decade, according to Federal Election Commission records.
But records suggest that the Rocchios are not without resources. The couple listed an address in Flushing, N.Y., and also have an Arizona home.
And this from the Houston Chronicle:
August 05, 2008
McCain's contributions from energy interests spike
![]()
John McCain received prolonged applause from the oil executives who gathered June 17 in Houston to hear the Republican presidential candidate's speech on energy policy.
Now it appears that McCain received something else: Lots of campaign contributions.
John McCain's contributions from energy industry interests happened to spike right around his Houston speech (and a fundraising tour of Texas).
Is it a coincidence, the result of aggressive Texas outreach -- or is it a show of gratitude? Let us know what you think.
Chronicle photoJohn McCain greets well-wishers after his June 17 energy speech in Houston.
Here's the list:
CONTRIBUTIONS FROM ENERGY INTERESTS
DATE.....................AMOUNT
April......................$40,000
May.......................$96,950
June 1-15.............$219,550
June 16-17...........$303,400
June 18-30...........$313,950
For the complete text of McCain's Houston speech, click here.
To read the Houston Chronicle's story on McCain's June 17 speech, click here.
Oh, and there may be just a few more reasons why McCain supports offshore drilling. Maybe it has something to do with all the people who work on or advise his campaign and also lobby for the oil industry? Watch this new ad here:













Post new comment