By Roger Straw, September 15, 2020 Brace yourself – OIL INDUSTRY MONEY is about to phone you… LIVE from Washington, D.C.! A friend asked me, “Do you know whether Valero has yet spent its $250,000 and in what way?” So I took a look at the City of Benicia’s Campaign Finance Reports page, and the … Continue reading Valero shells out its first $20,000 – for phone calls and polling data
Bloomberg News, By Jennifer A Dlouhy, May 15, 2020 Stimulus tax change helps translate losses into instant cash Oil companies are uniquely poised to benefit, analysts say As it headed toward bankruptcy, Diamond Offshore Drilling Inc. took advantage of a little-noticed provision in the stimulus bill Congress passed in March to get a $9.7 million tax refund. Then, it asked a bankruptcy judge to authorize … Continue reading ‘Stealth Bailout’ Shovels Millions of Dollars to Oil Companies – Valero gets $110 million in pandemic giveaway
By Andrés Soto, April 27, 2020 As we wound down the first shelter in place Earth Day/Week, I was prodded into chuckling at the Herald’s front page story of Valero diverting some of its ethanol production to the making of hand sanitizing liquids! This is like applying antibiotic ointment to a bleeding gun shot wound. … Continue reading Letter from Andrés Soto: Chagrined at Valero’s alcohol diversion
Link to Valero’s Campaign Finance Report below… By Roger Straw, February 8, 2020 Valero and it’s labor force will once again have more money to spend than any of the candidates running for office in Benicia this year. Most likely more than all candidates combined. On November 20, 2019 Valero added $200,000 to a carry-over … Continue reading FIRST LOOK: Valero PAC report shows $248,111 on hand to influence Benicia’s 2020 election
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