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September 9th, 2006:

Petroleum News: Alaska raids seen as second step in FBI crackdown on suspected public corruption

EXTRACTS: More fallout from the scandal is expected in the November elections when some congressmen implicated in the scandal will stand for re-election. These include Rep. William Jefferson, D-La., who was found with $90,000 in his freezer. Oil industry lavished lawmakers with gifts. Lobbying by the three largest oil companies doubled from 2004 to 2005.  At this pace, more than $9 million are projected be spent by the three major oil companies and the rest of the oil industry for lobbying expenses in 2006, the group noted. read more

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