API's partnership with Newsweek raises ad cash and ethics questions

Source New York Times

Newsweek since 2007 has sold advertising packages to the oil industry's biggest influence group that included the right to co-host forums on energy issues, including two where members of Congress sat side-by-side on panels with the association's president. American Petroleum Institute ranks among advertisers that have reached a spending threshold that allows them to attach their name to a Newsweek event and have their top executive as a panel speaker. API President and Chief Executive Jack Gerard was the sole industry speaker joining Sen. Mary Landrieu (D-La.) and Reps. Nick Rahall (D-W.Va.) and Doc Hastings (R-Wash.) at an "executive forum" the magazine and API held at the U.S. Capitol in March.