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For Immediate Release

Contact

Karl Frisch, 202-580-5813

Press Release

Big Oil-Backed GOP Congressman Says the Quiet Part Out Loud: The People Are Not "On Our Side"

Oil and Gas Industry Loses Popularity Contest as Their Profits Soar and Americans Bear Higher Energy Prices
WASHINGTON -

In response to The Congressional Western Caucus and House Oversight Republicans’ hearing where lawmakers spewed Big Oil's unfounded complaints that Biden's public lands policies are driving up consumer prices, government watchdog Accountable.US pointed to its report revealing that 24 of the top oil and gas corporations made nearly $174 billion in profits in 2021. 

During the hearing, Rep. Glenn Grothman (R-WI) — who has taken $40,000 from Koch Industries — even went so far as to complain about the American people not being “on our side.” As Republicans complain about Big Oil’s lack of public support, the industry continues to rake in billions and shower its CEOs and shareholders with more money. In quarter three of 2021 alone, 24 of these same top oil and gas corporations made over $74 billion.

“If Big Oil is looking to boost their popularity among the public, they can start by cutting down on oil industry greed and quit forcing working families to bear the brunt of higher energy prices. Wealthy oil and gas company executives have a choice to make with their billions of dollars in profits: they can continue lining their own pockets — or they can lower energy prices for their struggling customers,” said Kyle Herrig, president of Accountable.US. 

See the full analysis from Accountable.US here.

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Accountable.US is a nonpartisan watchdog that exposes corruption in public life and holds government officials and corporate special interests accountable by bringing their influence and misconduct to light. In doing so, we make way for policies that advance the interests of all Americans, not just the rich and powerful. 

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