Pelosi #dontgo Bombshell: MONEY

Posted on Monday, August 11th, 2008

Pelosi Money

Money.  It would appear that the driving force behind Madam Speaker’s quick and forceful adjournment of Congress is money.

According to Michigan Taxes Too Much blog, Madam Speaker has a substantial amount of money invested in Clean Energy Fuels Corporation. 

Clean Energy Fuels Corporation is a business venture started by none other than T. Boone Pickens.

Based in California, Clean Energy is the biggest provider of natural gas for transportation needs.
-=SOURCE=- 

Clean Energy Fuels Corp, stands to gain substantially from the higher prices of gasoline and are even flaunting it on their website.

Speaker of the House Nancy Pelosi purchased between $50K and $100K of stock on May 25th 2007, the day of the initial public offering.

She, and other investors, stand to gain a substantial return on their investment if gasoline prices stay high and municipal, state and even the Federal governments start using natural gas as their primary fuel source.

If gasoline prices fall?  Alternative fuels and the cost to convert fleets over to them becomes less and less attractive.

CLICK HERE for Madam Speaker’s financial disclosures for 2007. The purchase of CLNE appears on page 7 of the document.

READ MORE HERE and join our forums HERE

SIGN THE petition to call back congress HERE

Categorized as General Politics

27 Responses to
“Pelosi #dontgo Bombshell: MONEY”

Leave a Reply