Chevron’s $53 billion bid for Hess may drive consolidation in the oil patch. Meanwhile, investors are pulling back from climate-focused investment products.
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In filings with the State Elections Enforcement Commission, the source of the new committee’s funding is relatively opaque: Advancing Connecticut’s only donor is a pass-through entity, the Republican Governors Association.
CT Truth PAC, launched in February by Old Lyme businessman J. David Kelsey to produce TV commercials opposing the reelection of Gov. Ned Lamont, quit the race surprisingly early, making its last TV ad expenditure in June.
Happily for the Republican nominee, Bob Stefanowski, a new political action committee with twice the budget, Advancing Connecticut, quickly filled the void and has been airing ads questioning the integrity of Lamont and his wife.
And Kelsey, as it turns out, didn’t stop spending on trying to unseat the governor. Not by a long shot.