Shell Association Explores Political Action Committee

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Shell Association Explores Political Action Committee

SPRINGFIELD, Va. -- The National Association of Shell Marketers (NASM) is surveying members to determine whether a political action committee (PAC) would be beneficial to its constituents, CSNews Online has learned.

PACs are legal means for corporations, trade associations, unions or other groups to make financial contributions to candidates for Federal office, according to NASM. PACs solicit contributions only from individuals associated with the sponsoring organization. NASM is conducting a survey to help assess the viability of a NASM PAC.

"Participative political action on the part of petroleum marketers and others in the petroleum industry has never been more important than today," Darrell Smith, president of NASM, told CSNews Online via email. "We are witnessing an extraordinary amount of legislative activity on Capitol Hill relative to such issues as anti-price gouging, temperature compensation, and biofuels. It is vital that Shell marketers aggressively voice their opinions on these critical issues. NASM provides a forum to accomplish this."

Following the results of the survey, NASM's membership will decide what direction to take on a potential PAC, Smith added.