Corporations that profit from fracking funneled millions to PACs for “independent expenditures” in the 2016 election cycle, according to Federal Election Commission filings.
For example, the fracking giant Devon Energy gave $500,000 to the “Congressional Leadership Fund,” a Super PAC “exclusively dedicated to protecting and strengthening the Republican Majority in the House of Representatives.” Devon is notorious for helping to bankroll the fight against citizens in Denton, Texas, who won a bid to ban fracking in 2014 .
The Denton ban passed with 59% of the vote, but Texas state legislators and members of the American Legislative Exchange Council nullified that local initiative and pre-empted. Devon spent $195,000 in disclosed spending in the local battle and has spent an untold sum to influence the results local and in the state capitol.
[Continue Reading…]
Source: Fracking Special Interests Spent Big in 2016 Elections – EXPOSEDbyCMD