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