American Oil and Gas Reporter - August 2017 - 20

IndustryDigest
suppress our domestic oil and gas
industry, and specifically hydraulic
fracturing," a Science Committee
release quotes Chairman Smith.
In a June 29 letter from the Science
Committee to Treasury Secretary Steve
Mnuchin, Weber and Smith speculate
the scheme likely "is reflective of the
Russian government's concern about
the impact of fracturing and U.S.
natural gas production on the global
energy market and the potential
challenges to Gazprom's profitability."
According to the letter, which is
available on the Science Committee's
website at https://science.house.gov, the
money moves from Russia through
Klein Ltd., a shell company registered
in Bermuda, to the Sea Change
Foundation, a U.S.-based 501(c)(3) also
registered in Bermuda, which was
founded by Nat Simons "to facilitate the
transfer of money and advance a shift
away from carbon-based energy."
The Science Committee letter says
Sea Change passes the money to U.S.
environmental organizations such as the

20 THE AMERICAN OIL & GAS REPORTER

Sierra Club Foundation, the League of
Conservation Voters Education Fund,
and the Natural Resources Defense
Council. Citing Sea Change's IRS Forms
990, the letter says Klein contributed
$23.0 million to Sea Change in 2010 and
2011, and in turn, Sea Change made
grants totaling $10.9 million in 2010 and
$10.0 million in 2011 to U.S.
environmental groups in order to "reduce
reliance on high carbon energy."
"The scheme described in this letter
raises questions about whether these
foreign entities working to influence
U.S. policy are in violation of federal
statutes pertaining to agents of foreign
governments or those lobbying on
behalf of domestic and foreign
interests," Weber and Smith write.
Separately, The Washington Times
reported in an Oct. 10, 2016, article that
then Secretary of State Hillary Clinton
acknowledged Russian funding of antihydrocarbon efforts as far back as June
2014. The newspaper cites documents
released by WikiLeaks that claim
Clinton recognized Russian interference

in a speech to "a private audience" that
was sponsored by a Canadian
promotional group.
"We were up against phony
environmental groups . . . funded by the
Russians to stand against any effort,
'Oh that pipeline, that fracking, that
whatever will be a problem for you,'"
Clinton is quoted as saying. r

Texas Democrat Forms
House Oil & Gas Caucus

WICHITA FALLS, TX.-A freshman
congressman from South Texas has been
granted approval to form a Democratic
House Oil & Gas Caucus, the Texas
Alliance of Energy Producers reports.
The Alliance says U.S.
Representative Vicente Gonzalez's 15th
District stretches from the Rio Grande
Valley to Alice, Beeville and Cuero,
Tx., in the state's Eagle Ford Shale
producing region.
Citing local press accounts, the
Alliance says the Democrat from


https://science.house.gov http://www.latshawdrilling.com

Table of Contents for the Digital Edition of American Oil and Gas Reporter - August 2017

Contents
American Oil and Gas Reporter - August 2017 - 1
American Oil and Gas Reporter - August 2017 - 2
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American Oil and Gas Reporter - August 2017 - Contents
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