Rep. Markey Concerned Chevron Ad Misleading

[alp227]

Source: Broadcasting & Cable

Rep. Ed Markey (D-Mass.) has referred his concerns about a Chevron TV ad to the Federal Trade Commission for a determination of whether or not it is misleading.

"Even as Chevron reported $6.2 billion in profits over the first three months of 2011," said Markey's office in a statement, "potentially questionable television advertisements by the company claim that it spent 'every penny and more' of the $19.1 billion in 2010 profits on "bringing energy to the world."

Markey has written the company to ask it to square that claim with the fact that it spent $6.5 billion buying back its own stock in 2010 and $1.1 billion on "exploration for energy."

Read more: http://www.broadcastingcable.com/article/467508-Rep_Markey_Concerned_Chevron_Ad_Misleading.php

[Snoutport]

1. EVERY American needs to be writing their legislators to break the power of the

gas companies. Hit them on every level...including making them tell the truth.

[alstephenson]

2. Terrible, B.S., self-serving ad.

I've seen it several times now.:puke: