Study: Democrats could face substantial financial pressure from oil industry over Keystone XL

A recent study has enumerated the size of the "huge political consequences" for refusing to allow the Keystone XL oil pipeline that American Petroleum Institute president Jack Gerard hinted at in a recent talk, according to The Guardian.

The study, released by Berkeley, California-based research group Maplight, details the size of political campaign contributions for those in the House of Representatives that list the oil and gas industry among their top 10 contributors.

Maplight also pointed out each representative's vote on imposing a deadline for the pipeline project.

The group includes 118 representatives in total, including 108 Republicans and 10 Democrats. The top of the list sees as much as $370,000 - Steven Pearce, Republican from New Mexico - while the bottom of the list amounts to only $6,400 - Todd Platts, Republican from Pennsylvania.

Of this group only two representatives, Edward Markey of Massachusetts and Charles Bass of New Hampshire, voted no on an extension. Markey is a Democrat, while Bass is a Republican.

Total contributions to Democratic representatives amounted to more than $763,000.

The Associated Press reports that President Barack Obama could face some added pressure with comments from the oil pipeline's owner, TransCanada, suggesting it could explore Asian markets without access to American pipelines.

Outlooks for the U.S. oil and gas pipeline industry can be found at PennEnergy's Research area.



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