POLITICS
09/07/2008 05:12 am ET Updated May 25, 2011

Oil Industry Likes Obama -- But They Love McCain

Much has been made of Barack Obama's TV ad this week that accuses John McCain of being "in the pocket" of the oil industry, and yesterday the Democratic Party launched a website pairing McCain and Exxon Mobil as running-mates. While McCain has raised considerably more money from this unpopular industry, CRP was surprised to notice that it's actually Obama who has received more from the pockets of employees at several of Big Oil's biggest and most recognizable companies. Tallying contributions by employees in the industry and their families, we found that Exxon, Chevron and BP have all contributed more money to Obama than to McCain.

Through June, Exxon employees have given Obama $42,100 to McCain's $35,166. Chevron favors Obama $35,157 to $28,500, and Obama edges out McCain with BP $16,046 vs. $11,500. McCain leads the money race with nearly every other top giver in the oil and gas industry, though -- Koch Industries, Valero, Marathon Oil, Occidental Petroleum, ConocoPhillips, the list goes on. (You can see detail on all these companies in the spreadsheet linked below.) McCain also has a big edge with Hess Corp. -- $91,000 to Obama's $8,000 -- which has gotten some attention. And, overall, McCain's campaign has gotten three times more money from the industry than Obama's has -- $1.3 million compared to about $394,000.

Read more on Open Secrets