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A pro-Obama TV ad says that "big oil" pledged $200 million to help Mitt Romney, making him the industry's "$200 million man." But that's a pretty slippery claim. Read more» 1

There are now three kinds of lies: lies, damned lies, and big oil statistics. Once again an analysis funded by the oil industry of proposals to eliminate some of their large tax breaks finds that this would be bad for the oil industry and the rest of us, too. Read more»

The nation's top oil executives appeared before the Senate Finance Committee on Thursday.

As Congress debates what to do about surging gas prices—whether to expand drilling, for instance, or end federal tax breaks for oil companies—this much is clear: energy executives, including some who are being summoned to testify on Capitol Hill, are among the nation’s highest paid CEOs. Read more»

Multinational companies operating in Libya have had to deal with many obstacles, including a government rife with corruption that often asked for what amounted to bribes. Sometimes those companies balked; sometimes they paid them. Read more»

Oil prices are high and rising at an alarming pace. But even with their cash registers overflowing with dollars from struggling families, Big Oil is mobilizing to defeat President Obama's proposal to invest $4 billion annually in clean energy programs by ending unnecessary tax loopholes Read more»

The U.S. Chamber of Commerce headquartersacross the street from Lafayette Park and the White House in Washington, D.C.

Even as it plowed tens of millions of dollars into ads this year to help mostly Republicans notch Congressional victories, the U.S. Chamber of Commerce was initiating a new effort to raise millions more from energy, health insurance, financial services, and other firms to fund a new anti-regulatory campaign. Read more»