What Trump promised oil CEOs as he asked them to steer $1 billion to his campaign [View all]
By Josh Dawsey and Maxine Joselow
May 9, 2024 at 6:00 a.m.
As Donald Trump sat with some of the country’s top oil executives at his Mar-a-Lago Club last month, one executive complained about how they continued to face burdensome environmental regulations despite spending $400 million to lobby the Biden administration in the last year.
Trump’s response stunned several of the executives in the room overlooking the ocean: You all are wealthy enough, he said, that you should raise $1 billion to return me to the White House. At the dinner, he vowed to immediately reverse dozens of President Biden’s environmental rules and policies and stop new ones from being enacted, according to people with knowledge of the meeting, who spoke on the condition of anonymity to describe a private conversation.
Giving $1 billion would be a “deal,” Trump said, because of the taxation and regulation they would avoid thanks to him, according to the people.
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Burgum’s approach to climate policy makes him an unusual messenger for Trump, who has falsely called global warming a hoax invented by China. But many oil executives view Burgum — a possible contender to lead the Energy Department in a second Trump term — as sympathetic to their concerns, and he has cultivated deep support among oil donors.
https://www.washingtonpost.com/politics/2024/05/09/trump-oil-industry-campaign-money/
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