At the moment, oil and gas companies are on track to shatter their record of total contributions from the last non-presidential election cycle, in 2006—despite the lingering effects of the economic downturn. Halfway through the election calendar, the industry is on pace to spend more than $27 million—the most ever in a campaign year not involving the White House.
With the stakes in Congress so high—from health care to financial regulation—the jump in spending is mirrored in other industries as well. Oil still lags behind 13 other industries in its Washington largesse.
Political Glance
President Bush ranked worst among modern presidents -- and the fifth worst in history, according to the poll by the Siena Research Institute. Ranking first? President Franklin Delano Roosevelt, who led the country from 1933 until his death in 1945.
The security contractor Blackwater Worldwide tried for two years to secure lucrative defense business in Southern Sudan while the country was under U.S. economic sanctions, according to current and former U.S. officials and hundreds of pages of documents reviewed by McClatchy.
Diebold, the maker of electronic voting equipment that has links to alleged voting irregularities in the 2004 presidential election, agreed Wednesday to pay $25 million to settle accounting fraud charges brought by the Securities and Exchange Commission.





























