[LFC Comments: Thanks to a Lake County lobbyist for sending us the most recent Financial Disclosure statements submitted to the State of Ohio Ethics Commission by Jerry Cirino, Candidate for the Ohio State Senate, Governor Mike DeWine, and current Juvenile Court Judge Karen Lawson.
The Financial Disclosure statements provide the sources of income for all political candidates and office holders.]
We decided to do further investigations into Mr. Cirino’s investments, and we saw that he has diversified his portfolio to include energy stocks. If you remember, Mr. Cirino was a very strong advocate for the debacle known as House Bill 6 that was a bail out for the nuclear power plants. First Energy stockholders got a stock buy back, and a few hundred million was sent to the Perry Nuclear Plant to keep it operational for a few years. The F.B.I. is still investigating the $61 million payments from First Energy to a political non-profit. Here is a link to the articles we wrote about H.B. 6 and the corruption surrounding it.
Here are the energy companies in which Cirino has made investments:
HELIX Energy Solutions GRP INC is an off shore drilling company. https://www.helixesg.com/
WPX Energy Inc. is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Tulsa, Oklahoma. All of the company’s assets are in either the Williston Basin or the Permian Basin. https://www.wpxenergy.com/
Advanced Energy Industries, Inc. is an American company that develops power and control technologies for the manufacture of semiconductors, flat panel displays, data storage products, industrial coatings, medical devices, solar cells and architectural glass. https://www.advancedenergy.com/
Cheniere Energy, Inc. is a liquefied natural gas company headquartered in Houston, Texas. In February 2016 it became the first US company to export liquefied natural gas. https://www.cheniere.com/
China Shenhua Energy Company Limited known as Shenhua or China Shenhua or Shenhua Energy is the largest coal mining state-owned enterprise in Mainland China, and the largest coal mining enterprise in the world. It is a subsidiary of Shenhua Group. http://www.csec.com/
Diamondback Energy is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Midland, Texas. https://ir.diamondbackenergy.com/home
ENN Energy Holdings Limited is a company listed on the Hong Kong Stock Exchange. It is one of the four listed companies owned by ENN Group, one of the largest private energy groups in China. The other three are ENN Ecological Holdings, ENC Digital Technology Co., Ltd and Tibet Tourism Co., Ltd. http://ir.ennenergy.com/en/global/home.php
Suncor Energy is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. Suncor ranks number 134 in the Forbes Global 2000 list. https://www.suncor.com/en-ca
Superior Energy Services is an oilfield services company. In 2014 it ranked 534 on the Fortune 1000. https://superiorenergy.com/
We were told the the electric grid, from which we get our electricity, surrounds the Great Lakes. All creators of electricity, coal, nuclear, wind, solar panels, natural gas, all tie in to the grid, and increase the generation of the electricity as is needed.
We will let the voters decide the appropriateness of a State Senator having investments in energy stocks.