STOCK Act Opponent Sen. Burr Stands To Gain From NatGas Investments

"Sen. Richard Burr's vocal opposition to the STOCK Act raised some eyebrows in Washington this week, and with good reason. Burr, a North Carolina Republican who was one of just three senators to vote against the ban on congressional insider trading Thursday, owns investments in the natural gas industry that would benefit from legislation he co-sponsored offering tax credits for natural gas-fueled vehicles."

"Burr has investments in the gas industry valued from $133,298 to $219,337, according to his 2010 filings. His portfolio includes $36,000 worth of stock in Chesapeake Energy Corp., the second-largest U.S. producer of natural gas. He also holds more than $25,000 in shares of Loews Corp., a holding company with subsidiaries engaged in the exploration, production, marketing and transmission of natural gas."

Lucia Graves reports for the Huffington Post February 4, 2012.