A six-page letter sent by Smith and a**ther Republican lawmaker on June 29, asks Treasury Secretary Steven Mnuchin to launch an investigation into "what appears to be a concerted effort by foreign entities to funnel millions of dollars through various **n-profit entities to influence the U.S. energy market." The letter was revealed in a Friday press release from the Science Committee.
The Russians' goal, Smith and Rep. Randy Weber of Texas wrote, is to prop up their domestic oil and gas industry by stymying the hydraulic fracturing, k**wn as fracking, for oil and gas resources in the U.S.* Read more...