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Stock impact report

Why California Democrats take Big Oil money and vote against environmental laws [CBS News]

U.S. Energy Corp. (USEG) 
US:NASDAQ Investor Relations: usedc.com/financial-advisors-investors
Company Research Source: CBS News
though surveys show that most of the people they represent think lawmakers should do more to prevent climate change The oil and gas industry donated nearly three times more to Republicans than congressional Democrats in D.C., who, in contrast to Republicans, rarely voted against environmental legislation But that's in the nation's capitol where many of the environmental policies they've been debating — such as the Cap-and-Trade program, in which companies purchase permits for greenhouse gas emissions — are already state law in California. A related CBS News California investigation found a different story in California, which has long been a leader in environmental policies and is among the nation's top oil producers and refiners. Among state lawmakers in California, we found Democrats are receiving more money from the oil industry, and Democrats in the statehouse vote with the oil industry and against environmental legislation more than a quarter of the time. That is accord Show less Read more
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