Dr. Mehmet Oz He has fought for the oil and natural gas industry in his bid to win a coveted Senate Sit in Pennsylvania.
The CNBC reviewed financial records and found that former TV personality has vocally supported the energy industry after years of industry donations. Oz According to his financial disclosures he also owns a personal stake oil and gas through investments made in two major energy companies.
Pennsylvania’s The next senator will be a crucial vote for the energy sector, which has a significant presence in the Keystone State. Pennsylvania The nation’s second largest natural gas producer is after Texas The third-largest producer of coal, According to the U.S. Energy Information Administration.
Oz Assist the energy industry in this year’s election Americans The strain of rising gas prices has been felt. In In a recent interview, he said that he had ripped President Joe Biden after he Call it Gas stations run by companies to lower pump prices
“Now, they’re blaming the energy companies for the gas prices. And I’m thinking, like most Americans, what are you talking about? I mean, you did things that make it, make it impossible for these companies to exist,” Oz This was said in a July Interview With Fox News Host Sean Hannity. He called Biden’s Comments “class warfare.”
As Oz He champions oil & gas in his bid for representation Pennsylvania The SenateBoth his campaign and his personal finances have been enriched by the industry and its executives.
OzVeteran physician and TV host, he is running against Democrat John Fetterman For more information, please visit: Senate Seat being vacated Republican Sen. Pat Toomey. Oz It is trailing Fetterman RealClearPolitics reports that the average polling result was just 8 percent. Fetterman’s Campaign has raised more than $25 million. Oz According to OpenSecrets data and nonpartisan OpenSecrets, he and his team have earned just over $18million.
Oz His wife LisaThey have an investment in the industry that he championed as they own shares in oil and natural gas giants ConocoPhillips. Pioneer Natural ResourcesAccording to their financial disclosure reports, The Filings show that the couple has shares in ConocoPhillips worth between $15,001 to $50,000. They Stock can also be purchased Pioneer The value of the property is between $1,001-$15,000.
Oz’s Before he became a politician, he had connections in the industry.
Oz’s Nonprofit HealthCorps has at least $210,000 in contributions from oil and gas producer. Continental Resources According to the annual financial reports of the group, this has been happening since 2016. Continental ResourcesThe support for the project has been ongoing into Oz’s Senate bid — the company’s founder and chairman Harold Hamm endorsed Oz For Senate In April Video of the campaign.
The Energy industry leaders have supported contributions. Oz’s campaign.
Hamm She is part of a group over a dozen industry leaders who have collectively contributed more than $200,000 to the oil and natural gas industry. Oz’s Campaign since he “a href=”https://www.cnbc.com/2021/11/30/dr-oz-will-run-for-senate-in-pennsylvania-as-a-republican.html”>announced His run for Senate According to CNBC’s review, this was late last year. Federal Election Commission filings. Others People who are connected to the oil-and-gas industry and have donated at least $2900 Oz’s Campaign include Jimmy HaslamThe owner of the Cleveland Browns Chairman of the Board of Directors Pilot CompanyA business that owns fueling stations throughout the country. His Father and founder Pilot Company, James Haslam II, also donated by the Oz campaign.
Other The top energy donors to Oz Recent campaign include Brad CoxThe chairman of the oil producer Cox OperatingAnd Janet CafaroThe president of Silcor Oilfield ServicesFEC records.
Jimmy Haslam His wife Susan “Dee” HaslamThe total amount of these funds is $50,000 for the pro-Oz super PAC American Leadership Action.
Jimmy And Dee Haslam CNBC reported that they have “tremendous respect for the long, successful career Dr. Oz has had in the private sector and appreciate that he now wants to serve his country by bringing his expertise and experience to the United States Senate.” The Haslam According to Forbes, the family’s net worth was $6 billion as of 2015. Forbes.
Representatives For Cox And Cafaro The company did not respond to requests for comment.
Hamm CNBC received a statement from him stating that he considereds Oz You can find more information at “friend.” He The two had been friends for nearly a decade and aimed to bring together their children. HealthCorps services into Oklahoma schools.
Hamm He stated that he believed Oz He will be a major advocate for the energy sector which has enriched billionaires like the oil industry. Hamm According to Forbes, his family has a net worth of $21 billion. Forbes.
“Dr. Oz will champion American energy in the U.S. Senate much like he’s championed health his entire career,” Hamm said.
The The annual reports of nonprofits from 2016 to 2020 provide a range in how much donors have contributed. HealthCorps. Continental Resources Regularly ranked among the Oz The group’s top backers The Companies are often listed as having donated between $50,000 and $99999 over the years. A HeAlthCorps filed that it received $10,000 to $25,000 from Continental Resources In 2018.
In The earlier filings were made before 2016. HealthCorps Lists Continental Resources You can choose to use either “national” Or a “community” sponsor. The The website of the group states that it has $1 million in national sponsorship and $250,000. It also lists that community donors have written checks for $250,000. The Pre-2016 disclosures do not include or show an estimate of how much. Continental Resources They were awarded those years.
Oz’s The massive energy industry supports him, but he seems to have changed his mind about fracking. This allows companies to drill into the ground for oil or gas resources. Critics Fracking is said to be harmful to the environment, as it pollutes the air and water supplies.
Before Oz ran for SenateHis columns repeatedly attacked fracking. Vice Reports.
“And in Pennsylvania, there are multiple reports of air and water contamination, possibly from hydraulic fracturing sites, causing folks breathing problems, rashes, headaches, nosebleeds, numbness, nausea and vomiting,” Oz This was said in a 2014 column that took aim towards fracking.
Brittany YanickA spokesperson for the Oz Campaign, stated that the candidate had not changed his views on fracking and was a strong supporter for the drilling method. She We also set our sights on Fetterman’s Position on the matter
“As a scientist, Dr. Oz understands that, like with COVID, the Biden administration is ignoring the science and the benefits of natural gas in order to satisfy the radical Left, the same liberal Democrats that are supporting radical environmental measures and funding John Fetterman’s campaign,” Yanick Statement sent by email “John Fetterman has called fracking a ‘stain’ on Pennsylvania, he’s called for a moratorium on fracking, and he would be a rubber stamp for the failing Biden Agenda.”
Fetterman Has a mixed past regarding where he stands on the issue of fracking. Inside Climate News It was reported that Fetterman Dropped His support for a fracking ban after his 2016 unsuccessful primary campaign. Senate. His Position evolved After the state made stricter regulations regarding fracking,
Emilia Rowland, a spokesperson for Fetterman’s Campaign, CNBC “John does not support a ban on fracking in Pennsylvania and that includes a moratorium on new fracking sites in PA.” She He stated that he had not taken campaign money from fossil fuel companies.
“John believes fully heartedly that we have to preserve the union way of life for the thousands of workers currently employed by the natural gas industry in Pennsylvania and the communities where they live. We can’t just abandon these people, and tell them to go learn how to code,” Rowland In a statement “It’s a total false choice that we have to choose between jobs and a clean environment. That’s just not true. We can have both.”
Still, Oz It is more vocal than Fetterman Public support for the oil and gas industry. In A recent Fetterman Authored Op-ed: He stated it’s “gross, and deeply unpatriotic” Oil companies can charge high prices for gas while making huge profits. Fetterman Name checked Chevron, ExxonAnd Shell In the op-ed.
Oz During his campaign, he had a lot of fun with representatives from the industry.
He He was invited to a June “energy industry meet and greet” Long-term lobbyist Missy Edwards. The invite states that the meeting was to take places at EdwardsIn the following cities: Washington. Her Current clients include Southern Company And General MotorsOpenSecrets.
A spokesperson for General Motors “She was,” she said. “not sure if GM had a representative in attendance.” Edwards Representative Southern Company The company did not respond to requests for comment.
