felixthecat
August 4th, 2008, 11:09 AM
Anyone remember this?
A stealth money maker for Mr. Environment.
Remember how Dick Cheny was blasted?
Well, we sure can’t use the reserves at Elk Hills because Al Gore sold them off to his Occidental Oil buddies in the 90’s.
The Inconvenient Truth Al Gore Hopes You Forget!
Al Gore: The Other Oil Candidate
by Bill Mesler, Special to CorpWatch
August 29th, 2000
...
Occidental’s planned drilling of the Elk Hills doesn’t only threaten the memory of the Kitanemuk [Indian tribe}. Environmentalists say a rare species of fox, lizard and the kangaroo rat would also be threatened by Oxy’s plans. A lawsuit has been filed under the Endangered Species Act. But none of that has given pause to Occidental or the politician who helped engineer the sale of the drilling rights to the federally-owned Elk Hills. That politician is Al Gore.
Gore recommended that the Elk Hills be sold as part of his 1995 “Reinventing Government” National Performance Review program. Gore-confidant (and former campaign manager) Tony Cohelo served on the board of directors of the private company hired to assess the sale’s environmental consequences. The sale was a windfall for Oxy. Within weeks of the announced purchase Occidental stock rose ten percent.
That was good news for Gore. Despite controversy over Dick Cheney’s plans to keep stock options if elected, most Americans don’t know that we already have a vice president with oil company stocks. Before the Elk Hills sale, Al Gore controlled between $250,000-$500,000 of Occidental stock (he is executor of a trust that he says goes only to his mother, but will revert to him upon her death). After the sale, Gore began disclosing between $500,000 and $1 million of his significantly more valuable stock.
Nowhere is Al Gore’s environmental hypocrisy more glaring than when it comes to his relationship with Occidental. While on the one hand talking tough about his “big oil” opponents and waxing poetic about indigenous peoples in his 1992 book “Earth in the Balance,” the Elk Hills sale and other deals show that money has always been more important to Al Gore than ideals.
...
Two things set the U'wa struggle and the Elk Hills sale apart from the corporate welfare so typical of the New Democrats: Al Gore's direct financial interest and his close relationship with Occidental Petroleum that dates back to his father.
http://www.corpwatch.org/article.php?id=468
A stealth money maker for Mr. Environment.
Remember how Dick Cheny was blasted?
Well, we sure can’t use the reserves at Elk Hills because Al Gore sold them off to his Occidental Oil buddies in the 90’s.
The Inconvenient Truth Al Gore Hopes You Forget!
Al Gore: The Other Oil Candidate
by Bill Mesler, Special to CorpWatch
August 29th, 2000
...
Occidental’s planned drilling of the Elk Hills doesn’t only threaten the memory of the Kitanemuk [Indian tribe}. Environmentalists say a rare species of fox, lizard and the kangaroo rat would also be threatened by Oxy’s plans. A lawsuit has been filed under the Endangered Species Act. But none of that has given pause to Occidental or the politician who helped engineer the sale of the drilling rights to the federally-owned Elk Hills. That politician is Al Gore.
Gore recommended that the Elk Hills be sold as part of his 1995 “Reinventing Government” National Performance Review program. Gore-confidant (and former campaign manager) Tony Cohelo served on the board of directors of the private company hired to assess the sale’s environmental consequences. The sale was a windfall for Oxy. Within weeks of the announced purchase Occidental stock rose ten percent.
That was good news for Gore. Despite controversy over Dick Cheney’s plans to keep stock options if elected, most Americans don’t know that we already have a vice president with oil company stocks. Before the Elk Hills sale, Al Gore controlled between $250,000-$500,000 of Occidental stock (he is executor of a trust that he says goes only to his mother, but will revert to him upon her death). After the sale, Gore began disclosing between $500,000 and $1 million of his significantly more valuable stock.
Nowhere is Al Gore’s environmental hypocrisy more glaring than when it comes to his relationship with Occidental. While on the one hand talking tough about his “big oil” opponents and waxing poetic about indigenous peoples in his 1992 book “Earth in the Balance,” the Elk Hills sale and other deals show that money has always been more important to Al Gore than ideals.
...
Two things set the U'wa struggle and the Elk Hills sale apart from the corporate welfare so typical of the New Democrats: Al Gore's direct financial interest and his close relationship with Occidental Petroleum that dates back to his father.
http://www.corpwatch.org/article.php?id=468