PA Barletta has stocks and voting conflict?

[Hydr...@aol.com]

 

Interesting how this elected official can get away with this but a sign of (Republican) times.

 

 

 In March of 2011 his records show stock was purchased in Seadrill Limited, a company specializing in offshore drilling. In May he voted for three bills designed to increase offshore drilling: H.R. 1231, which called for an end to the president’s moratorium on drilling set up in the wake of the BP oil spill; H.R. 1229, which called for the sale of four leases for offshore drilling, and H.R. 2021 calling for changes in the Clean Air Act impacting offshore operations.

• His records show capital gains from Conoco in 2011, and in July, 2011, Barletta voted to expedite the controversial Keystone XL pipeline. Conoco is a partner in that project.

• Records for 2011 show Barletta owns stock in Denver-based Kodiak Oil & Gas Corp., which, along with conventional drilling, is involved in recovery of oil shale, oil trapped in rock. In February 2012 Barletta voted for a bill that, among other things, set standards for oil shale regulation and directed the sale of leases for land in states where Kodiak operated, and expresses Congress’s intent to promote development of oil shale.

• In September 2011, Barletta voted to nullify rules regarding emissions at coal- and oil-fired electricity generation plants. His records show stock ownership in PPL in 2011.

Read More http://timesleader.com/stories/Barlettas-votes-impact-his-portfolio,183012?search_filter=barletta&town_id=1&sub_type=stories#ixzz221eqQGSQ