Daily Archives: December 4, 2012

Report: Saudi-Led Oil Lobby Group Financed 2012 Dark Money Attack Ads

A new report in The Nation on Friday details how the so-called American Petroleum Institute, a major lobbying group for Big Oil, is both funded in part by a Saudi oil company and directed in part by a registered foreign agent for Saudi Arabia who heads a subsidiary of that Saudi oil company.

It also reports that the Institute’s 2011 tax returns show almost half a million dollars in gifts to dark-money organizations that ran attack ads in America’s most recent elections — and that’s just what the Big Oil group spent in 2011. Just imagine what the 2012 figures could be.

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