• 3 minutes Could Venezuela become a net oil importer?
  • 7 minutes Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 12 minutes Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 9 hours Oil prices going Up? NO!
  • 29 mins Renewables to generate 50% of worldwide electricity by 2050 (BNEF report)
  • 21 mins Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 2 days Could Venezuela become a net oil importer?
  • 24 hours Oil prices going down
  • 1 day Could oil demand collapse rapidly? Yup, sure could.
  • 37 mins The Tony Seba report
  • 2 days Gazprom Exports to EU Hit Record
  • 2 days Oil Buyers Club
  • 7 mins Kenya Eyes 200+ Oil Wells
  • 5 hours Saudi Arabia turns to solar
  • 17 hours China’s Plastic Waste Ban Will Leave 111 Million Tons of Trash With Nowhere To Go
  • 11 hours Are Electric Vehicles Really Better For The Environment?
  • 1 day Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 2 days Russia's Energy Minister says Oil Prices Balanced at $75, so Wants to Increase OPEC + Russia Oil by 1.5 mbpd
  • 2 days EU Leaders Set To Prolong Russia Sanctions Again
OPEC’s Agreement Sends Oil Prices Soaring

OPEC’s Agreement Sends Oil Prices Soaring

Oil prices spiked on Friday…

Iranian Influence In Iraq Grows

Iranian Influence In Iraq Grows

Iranian influence in Iraq has…

Romney Raises $6mn at Big Oil Luncheon

US Presidential candidate Mit Romney attended a lucrative luncheon on Tuesday, earning an easy $6 million in campaign donations from energy executives at the $50,000-a-plate engagement.

The luncheon at the Houstonian in Texas comes a week ahead of the Republican National Convention.

On the menu: promises to make full and “aggressive” use of the country’s energy resources if elected president. He also offered a very encouraging drill, drill, drill message to big oil.

Specifically, Romney pledged to ease regulations that are hindering offshore oil drilling and to facilitate increased natural gas production.

On Thursday, Romney travels to New Mexico to deliver his “comprehensive energy plan”.

According to agency reports, the Obama campaign is currently in the red, having spent more than it has managed to raise, while the Romney campaign is still collecting more than it spends. Tuesday’s check puts them well into the black. 

By. Jen Alic of Oilprice.com



Join the discussion | Back to homepage

Leave a comment
  • Scott Brooks on August 24 2012 said:
    Hey, Romney is supporting real energy, not the wimpy wana-be solar and wind fiascoes. Oil, gas and coal run America, wind and solar givaway crony subsidies and mandates will bankrupt it.

    People like Tisdale are in the green enviro wacko ozone- blowzone.
  • Mel Tisdale on August 23 2012 said:
    Looks like the fossil fuel industry has just won yet another battle in its war against humanity.
  • Hans Nieder on August 22 2012 said:
    So..............

    Wall Street - over $7 million by the 4th quarter of 2011 for BHO..

    http://hotair.com/archives/2011/10/10/guess-which-president-has-raked-in-the-most-wall-street-bucks-in-a-generation/

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News