Tyson Slocum of Public Citizen writes that Chevron is banking on a profitable political agenda:

Second, Chevron produced 260,000 barrels of oil and natural gas per day from the Gulf of Mexico, so preventing Congress from reforming offshore drilling rules in the wake of the BP disaster will be key.

Third, Chevron will join forces with the US Chamber of Commerce and others to demonize pending Environmental Protection Agency (EPA) rules limiting greenhouse gas emissions, and continue opposing efforts for the US to lead the way in battling climate change.

Fourth, look to Chevron to help lead the chant of "Drill Baby Drill!" as the company seeks to exploit the Presidential race to open new areas to oil and natural gas drilling.

Fifth, expect the company to take evasive action against efforts to revoke billions of dollars in oil company tax breaks and royalty relief.

Finally, Chevron will probably seek to protect investments overseas from meddlesome foreign government actions on prioritizing the environment and workers' rights by getting the US to enact favorable trade agreements.

Chevron's lobbyists are a Who's Who of former government officials. DC's rule of thumb: corporations ensure better access to lawmakers when they put their former colleagues from government on their payroll.

Chevron pays the Breaux Lott Leadership Group of the law firm Patton Boggs $135,000 every three months to lobby members of Congress. That means former Senators John Breaux and Trent Lott hobnob with their Senate contemporaries, and ask whatever Chevron tells them to ask for. Chevron has lobbyist Richard Hohlt on retainer, close friend of Karl Rove, and the kingmaker of a monthly gathering of GOP leaders inside DC called the "Off the Record Club." Chevron pays the law firm Akin Gump $90,000 every three months to take advantage of the firm's Democratic stars, including Al From, and former top staffers to Senator Max Baucus and Rahm Emanuel. ...

So why does Chevron bother spending this kind of money on the political system? Because, dollar for dollar, nothing provides a better financial return than investing in politicians. With environmentalists pushing to hold oil companies accountable for their pollution, corporations like Chevron would be forced to spend millions of dollars to make their oil and natural gas drilling operations and oil refineries cleaner and safer.