You’ve Seen Mitt Romney and Republican’s Supporter, American Petroleum Institute’s False Commercials, What You don’t See is API Helped Killed Past Bills on Price Gouging and Continues to Lobby against Consumer Protection

You have seen the (API) American Petroleum Institute’s commercials regularly and they are selling you on everything from oil fracturing to the Keystone XL pipeline, and that they don’t need the EPA regulation, etc, etc. They spends millions on commercials and millions telling the public they are their to help you when the fact is all they are selling is some song and dance. It shouldn’t come as a surprise that the American Petroleum Institute is supporting Romney for President. Who else besides Republicans in Congress than a Republican running for office would support the Institutes wishes.

CEO and President of the American Petroleum Institute, Jack Gerad is a backer of Mitt Romney.

American Petroleum Institute -is the largest U.S. trade association for oil and natural gas industry. It represents 400 corporations involved in petroleum.

API are telling you all these things are done on your behalf deregulation, the Keystone Pipeline, fracturing, etc., etc., etc. they are lobbying against consumer protection.

As you see here looking back at a few years, API has been busy not telling you the truth.

A look at 2007-2008 bills that involved preventing the oil and gas companies from unfair pricing these companies and institutes lobbied heavily and were able to kill these bills in the Senate and U.S. House of Representatives.
Price controls on oil and gasoline and speculation issues, S. 94, S. 1263, H.R. 1252, H.R. 2335, S. 3268
Bill descriptions below.

This a list of the one corporation and other associations that lobbied against these bills. Koch Industries is the only company that represented themselves.

Koch Industries 2008
National Assn of Manufacturers 2008
American Petroleum Institute 2008
Koch Industries 2007
Koch Industries 2008
National Assn of Shell Marketers 2007
Natl Assn of Convenience Store Operators 2007
American Petroleum Institute 2007
National Assn of Manufacturers 2007
Also after these bills you will see other bills after 2007 and 2008 that show up today that API continues to lobbying against Consumer Protection.

The following bills API lobbied against and were successful in these bills not passing.

S. 94 (110th): Gasoline Consumer Anti-price-gouging Protection Act
110th Congress, 2007–2009
A bill to protect the welfare of consumers by prohibiting price gouging by merchants with respect to gasoline or petroleum distillates during certain abnormal market disruptions.
Sponsor:
Sen. Ted Stevens [R-AK, 1968-2009]
Status:
Died (Introduced)

S. 1263 (110th): Petroleum Consumer Price Gouging Protection Act
110th Congress, 2007–2009
A bill to protect the welfare of consumers by prohibiting price gouging with respect to gasoline and petroleum distillates during natural disasters and abnormal market disruptions, and for other purposes.
Sponsor:
Sen. Maria Cantwell [D-WA]
Status:
Died (Introduced)

H.R. 1252 (110th): Federal Price Gouging Prevention Act
110th Congress, 2007–2009
To protect consumers from price-gouging of gasoline and other fuels, and for other purposes.
Sponsor:
Rep. Bart Stupak [D-MI1, 1993-2010]
Status:
Died (Passed House)

H.R. 2335 (110th): Federal Energy Price Protection Act of 2007
110th Congress, 2007–2009
To prohibit price gouging in the sale of gasoline, diesel fuel, crude oil, and home heating oil, and for other purposes.
Sponsor:
Rep. Heather Wilson [R-NM1, 1997-2009]
Status:
Died (Referred to Committee)

S. 3268 (110th): Stop Excessive Energy Speculation Act of 2008
110th Congress, 2007–2009
A bill to amend the Commodity Exchange Act, to prevent excessive price speculation with respect to energy commodities, and for other purposes.
Sponsor:
Sen. Harry Reid [D-NV]
Status:
Died (Reported by Committee)

In 2012 these are some of the bills they are lobbying against that would protect you the consumer.

http://www.opensecrets.org/lobby/clientissues_spec.php?id=D000031493&year=2011&spec=FIN

2012
Issues related to the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act, regulatory reform and derivatives.
Pub. Law No. 111-203, Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, Title VII and Title XV, Section 1504; Efforts concerning U.S. implementation of the Extractive Industries Transparency Initiative.

2011
Content of Specific Issue field
Pub. Law No. 111-203, Dodd-Frank Wall Street Reform and Consumer Protections Act of 2010, Title VII and Title XV, Section 1504; H.R. 2682, Business Risk Mitigation and Price Stabilization Act; H.R. 2779, A bill to exempt inter-affiliate swaps from certain regulatory requirements put in place by the Dodd-Frank Wall Street Reform and Consumer Protection Act; 75 Fed. Reg. 51429, Definitions Contained in Title VII of Dodd-Frank Wall Street Reform and Consumer Protection Act.
Issues related to the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act, regulatory reform and derivatives.
Issues related to the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act, regulatory reform and derivatives.
Pub. Law No. 111-203, Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, Title I, Section 1504 and Title VII, provisions relating to authority of SEC to oversee activities and entities associated with the national securities exchanges. 75 Fed. Reg. 80978, Disclosure of Payments by Resource Extractions Issuers.
Issues related to the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act, regulatory reform and derivatives.
Pub. Law No. 111-203, Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, Title I, Section 1504.
Issues related to the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act, regulatory reform and derivatives.
Pub. Law No. 111-203, Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. Efforts concerning U.S. implementation of the Extractive Industries Transparency Initiative.

2010

H.R. 4173, Dodd-Frank Wall Street Reform and Consumer Protection Act; Issues related to regulatory reform and derivatives.
Restoring American Financial Stability Act of 2010 (Dodd), issues related to regulatory reform. H.R.4173, Consumer Financial Protection Agency Act of 2009; issues related to derivatives.
H.R. 4173, Dodd-Frank Wall Street Reform and Consumer Protection Act, Title I, Section 1504 and Title VII, provisions relating to authority of the SEC to oversee activities and entities associated with the national securities exchanges; Draft amendment (unnumbered) to H.R. 6398, To require the Federal Deposit Insurance Corporation to fully insure Interest on Lawyers Trust Accounts. Regulatory efforts concerning implementation of H.R. 4173, Section 1504.
H.R. 4173, Dodd-Frank Wall Street Reform and Consumer Protection Act; Issues related to regulatory reform and derivatives.
H.R. 4173, Wall Street Reform and Consumer Protection Act, Title VII, provisions relating to authority of the SEC to oversee activities and entities associated with the national securities exchanges, Section 1504, Disclosure of Payments by Resource Extraction Issuers.
H.R. 4173, Dodd-Frank Wall Street Reform and Consumer Protection Act; S. 3217, Restoring American Financial Stability Act of 2010; Issues related to regulatory reform and derivatives.
S. 3217, Restoring American Financial Stability Act, Title I and VII, provisions relating to Section 527 of EISA 2007, the authority of the CFTC to regulate certain derivatives transactions on over-the-counter markets, the establishment of the Financial Stability Oversight Council and the Office of Financial Research (OFR) and Amendments 3732, 3980, 4050, 4141 and 4142 relating to extractive industries; H.R. 4173, Restoring American Financial Stability Act, Title VII, provisions relating to authority of the SEC to oversee activities and entities associated with the national securities exchanges, Leahy amendment.

2009

Whole Bills: H.R. 4173, Wall Street Reform and Consumer Protection Act of 2009; H.R. 3795, The -the-Counter Derivatives Markets Act.
H.R.4173, Consumer Financial Protection Agency Act of 2009; issues related to derivatives.
Legislative efforts concerning S. 3389 and H.R. 6066, Extractive Industries Transparency Disclosure Act of 2008.
Legislative efforts concerning S. 3389 and H.R. 6066, Extractive Industries Transparency Disclosure Act of 2008.

2008

Whole Bills: S. 3389, Extractive Industries Transparency Disclosure Act; H.R. 6066, Extractive Industries Transparency Disclosure Act.