
Xenophon Strategies scored a major public affairs victory as part of the Stop Oil Speculation Now (SOS Now) campaign when President Barack Obama signed the most sweeping financial reform bill since the Great Depression last week. Two years after the start of our campaign with the Air Transport Association (ATA), the President’s signature insured passage of the campaign’s number one goal: ending excessive oil speculation.
Economic analysis indicated that unregulated speculation added as much as $30 to $60 to a barrel of oil which was a major burden on the nation’s commercial air carriers, in addition to prices at the gas pump. ATA spearheaded the SOS Now Coalition and brought together 85 businesses, associations, and labor groups united in support of lower oil prices. The coalition grew quickly through use of media relations, grassroots advocacy, advertising, digital engagement, coalition building, and Congressional outreach to influence target audiences.
While the public was deeply concerned with skyrocketing gas prices the past two years, they were largely unaware of rampant speculation. Xenophon created an intense messaging strategy boost awareness of the issue:
The campaign became an overnight success when Members of Congress repeated SOS Now messages during floor debates and later passed this bill. Though summertime can often be a quiet time in Washington, on July 15th, 2010 Congress successfully passed historic legislation — we’re happy to have played a part!
“Xenophon’s vital support allowed the Coast Guard to leverage an unprecedented level of cutting-edge social media venues and technology to reach the broadest audience possible.”