Justice Alito's Financial Ties to Oil Industry Raise Ethical Concerns
Justice Samuel Alito's financial disclosures have revealed significant investments in the oil and gas industry, raising questions about potential conflicts of interest. According to a recent analysis by True North Research, Alito's net worth, estimated at $10 million by Forbes, includes up to $2.9 million attributable to oil and gas interests. His holdings include stock in Phillips 66, valued between $15,001 and $50,000, and a mineral interest in Oklahoma worth between $100,001 and $250,000. These investments have reportedly earned him over $330,000 while serving on the Supreme Court. Alito's financial ties to the fossil fuel sector have sparked debate over the adequacy of the Supreme Court's ethics rules, as he is one of only two justices, alongside Chief Justice John Roberts, with significant individual stock holdings.