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US Lawmakers With Pipeline Stocks Profit as Gas Exports to Europe Soar

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'Members of Congress who own stock in pipeline companies like Enterprise Products stand to profit from the push to export liquid fossil gas amid Russia-Ukraine tensions,' according to a new investigation by ppolitics.

its operations with a proposed offshore exporting terminal that would be the first in the U.S. big enough to serve the largest class of supertankers.

At the end of 2020, Rep. Trey Hollingsworth's only pipeline investment was up to $15,000 worth of stock in Enterprise. Last year, however, he as much as $1.55 million in Enterprise shares and up to $3.65 million in Magellan Midstream Partners—his sole areas of investment.Other House members with stock in Enterprise Products as of the end of 2020 include the following: Rep. Patrick Fallon , up to $50,000 worth; Rep. David Price , up to $50,000 worth; Rep. Brian Babin , up to $15,000 worth; Rep. August Pfluger , up to $15,000 worth; Pep. Pete Sessions , up to $15,000 worth; and Rep.

 

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ppolitics Owning stocks leads to corruption. They are so predictable, aren’t they?

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