National Fuel advocates for policies to our business that benefit our customers, employees, shareholders, and the communities we serve. As the natural gas industry is highly regulated at the local, state, and federal levels, the decisions made by policy makers directly impact all aspects of the Company’s operations. We believe our participation in the political process serves all of our stakeholders’ interests by creating a more informed policy-making process. Supporting sound legislation and public policies that advance the safe exploration, development, production, transportation and use of natural gas is important to National Fuel not only for our success, but for the success of our industry, our stakeholders, and our communities. We also believe it is vital that our directors, officers, and employees exercise their rights as citizens to vote and to participate in the political process in the states and communities in which they live.
National Fuel’s participation in the political process is guided by a set of fundamental principles that govern our corporate policies on lobbying, political spending, and engagement in the political process:
|Funding Source||Beneficiaries of Contributions||Amount|
|National Fuel FEDPAC||Candidates for U.S. Senate and U.S. House of Representatives; trade association PACs.||$65,200|
|National Fuel Pennsylvania PAC||Candidates for Pennsylvania Senate, House of Representatives; and municipal offices; business association PACs.||$59,200|
|National Fuel New York PAC||Candidates for New York Senate, Assembly, and municipal offices; business association PACs.||$41,700|
|Association Name||Membership Dues||Dues Allocated to Lobbying|
|American Gas Association||$373,831||$14,205|
|Interstate National Gas Association of America||$277,590||$44,414|
|American Exploration and Production Council||$120,000||$84,000|
|Marcellus Shale Coalition||$107,000||$23,200|
(1) Includes trade and business associations to which National Fuel paid $50,000 or greater in annual dues or payments. Reported amounts based on information provided by the trade associations to National Fuel.