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Western Pa. Oil Company Offers Direct Support for Pat Toomey, Other GOPers

Finally, a company with the temerity to go out and make a direct corporate expenditure on behalf of a candidate, or three. The Penneco Oil Company, an oil and

Jul 31, 2020
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Finally, a company with the temerity to go out and make a direct corporate expenditureon behalf of a candidate, or three. The Penneco Oil Company, an oil and gas exploration company in Western Pennsylvania, has bypassed the shell game of giving to PACs and 501(c) organizations and decided to just throw up some billboardsin favor of Pennsylvania GOP Senate candidate Pat Toomey and local House seat challengers Tim Burns (R) and Keith Rothfus (R).
The total of the company’s itemized independent expenditures on billboards comes out to a mere $9,260.24, so the decision itself is more significant than the size of the ad purchases. Of course, it’s no indication that the company hasn’t made other contributions of the less trackable sort, but something about an oil company proudly advertising its self-interest in this year of cloak-and-dagger election spending is both quite wonderful and strange.
Camilo Wood

Camilo Wood

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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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