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ExxonMobil and the American Petroleum Institute Spend $539 Million in the 2018 Election Cycle
The American Petroleum Institute still exists and currently spends its time lobbying against things like subsidies for electric cars. They spent an estimated $539 million during the 2018 election cycle. ExxonMobil was by far the most prolific spender, racking up over $400,000 in four weeks on over 360 individual political ads. The ads urge rejecting specific ballot initiatives while promoting the benefits of increased fossil fuel production. Facebook's data indicates that ExxonMobil's ads made over 10 million impressions in this time with users in Colorado, Texas, and Louisiana.