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.