American Bridge

Journal Inquirer: McMahon Has Stake In Oil Pipeline Plan She Supports

On March 31, 2012, the Journal Inquirer reported:

Republican U.S. Senate hopeful Linda McMahon — a champion of the Keystone oil pipeline project — owns shares worth as much as $437,000 in nine of Canada’s largest oil-sands producers and six other Canadian companies that could profit from the business of moving crude from Alberta to U.S. refineries.

Romney Flip-Flops On Domestic Drilling’s Impact On Foreign Oil Dependence

In recent days, Mitt Romney has claimed that domestic drilling would reduce dependency on foreign oil.  It’s probably no surprise that he hasn’t always said so.

On the March 16, 2012 episode of Fox News’ Fox and Friends, Romney responded to a question about gas prices, saying:

“Well, the best thing we can do to get the price of gas to be more moderate and not have to be dependent upon the cartel is drill in the gulf, drill in the outer continent shelf, drill in ANWR, drill in North Dakota, South Dakota, drill in Oklahoma, and Texas.” [Fox and Friends, 3/16/12]

In his 2011 book No Apology, Romney wrote:

“We consume roughly 24 percent of the world’s oil but possess only 2.4 percent of the world’s oil reserves. Even if we were to begin to drill in the Arctic National Wildlife Refuge and on the continental shelf, it wouldn’t be enough to appreciably have an impact on our dependence on other nations for oil. And if we were to open the domestic oil spigot too wide and drain our last fields, we would risk leaving America even more vulnerable twenty-five years from now than it is today. But there should be no objection to preparing the energy infrastructure to tap known reserves and to discover more reserves: This is a vitally important insurance policy against future energy shocks or threats to national security. And it is always possible that new, very large discoveries could surprise us.”  [No Apology, 2011, Pg. 247]

Romney’s Drilling Stance Contradicts His Book

In our newest web video, we highlight Romney’s latest flip on whether domestic drilling will get us off foreign oil. Romney currently claims that increased domestic drilling will get the U.S. off foreign oil and stabilize the price of gas. Yet in his recent book, he makes the exact opposite claim.

TPM: GOP Senate Candidate’s Solar Company Took Stimulus Cash

On February 6, 2012, Talking Points Memo reported:

Former Rep. Mark Neumann (R-WI), who is running in a three-way primary for the state’s open Senate seat on a platform of cutting government, has in fact taken government spending from a particular Obama administration initiative: stimulus grants. What’s more, the money was for his solar energy company.