Eyes on the Ties’ Fracketeer of the Month: Stephen Schwarzman

Blackstone Group CEO Stephen Schwarzman has bet billions of dollars on the oil and gas industry, buying interests in drilling fields, fracking companies, major pipeline projects, power plants and export facilities. If Trump continues to make good on his pledge to expand fracking and pipeline infrastructure, Blackstone’s oil and gas bets could prove incredibly lucrative for Schwarzman, whose $425 million 2016 pay package mainly came in the form of stock dividends.

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Oil pipeline company spends heavily on Cuomo-tied lobbying firm

PAI’s most recent report showed how companies behind major New York State natural gas infrastructure projects have been increasing lobbying expenditures and contracting with firms tied to New York Governor Andrew Cuomo’s family and administration. This trend is not confined to the natural gas sector: at least one oil infrastructure company is employing the same …

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