July 19, 2007
Dubbed an “honorary Texas oil lawyer” by Time Magazine, records show that Rudy Giuliani’s business ties to Big Oil rival that of another Texas oil man: President George W. Bush. In Iowa today, Giuliani will have to explain how he can “commit” to energy independence when his businesses have profited from the same oil and gas interests that benefit from President Bush’s failed energy policies and the country’s over-dependence on foreign oil.
In addition to netting hundreds of thousands of dollars lobbying for Citgo, the giant oil company which is controlled by Venezuela’s President Hugo Chavez, Rudy’s Houston law firm, Bracewell & Giuliani, also has lobbied on the behalf of Saudi Arabia’s oil ministry and BMB Munai, which develops oil wells in Kazakhstan. In fact, Giuliani’s law firm has operated an office in the Republic of Kazakhstan”to service oil producers and their lenders in the Caspian Sea region” since 1997. [Associated Press, 3/20/07, 5/15/07, Bloomberg, 3/14/07; Newsday (New York), 6/22/07] read more
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