Archive for June, 2010

What he says in public:

· Just last month, Gavin Newsom told the San Diego area East County Magazine that “the environmental catastrophe devastating the Gulf of Mexico is a tragic reminder of why we must take a stand against the oil companies and oppose all offshore drilling off California’s precious coast.”

What he invests in when you’re not lookin’…

· Up to $100,000 invested in in Transocean Inc. – the company whose ruptured deepwater rig, which is leased to BP, is spewing millions of gallons of oil, endangering wildlife and beaches all along the Gulf Coast.

· Stock in three companies involved in oil and gas exploration: Dorchester Minerals, Resolute Energy and Schlumberger Ltd.

· Stock in Petroleo Brasileiro, Brazil’s largely state-owned oil company that has been looking to the United States to help finance exploration of a huge offshore oil discovery near Rio de Janeiro.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/06/29/BADT1E6N40.DTL#ixzz0sLlOQxyu

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