Energy Industry Already Giving Trump Millions—While He Promises Big Cutbacks In Seeking $1 Billion Donation

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Energy Industry News

Donald Trump,Joe Biden,Dan Eberhart

Sara Dorn is a Forbes news reporter who covers politics, with a focus on elections and Capitol Hill. She joined Forbes in 2022 and is based in New York.

Stormy Daniels Testifies: Trump Lawyer Accuses Her Of Lying As Adult Film Star Claims She’s Trying To ‘Trick Me’Former President Donald Trump suggested oil and gas executives donate $1 billion to his campaign during a dinner at Mar-A-Lago last month while simultaneously proposing rollbacks to environmental regulations enacted by President Joe Biden, according toSpeaker of the House Mike Johnson at Mar-a-Lago on April 12, 2024, in Palm Beach, Florida. The oil and gas industry has donated $7.

Trump’s one-time challengers, former South Carolina Gov. Nikki Haley and political groups backing her candidacy also received $3 million, while Florida Gov. Ron DeSantis and political groups supporting him received $1.3 million. At the dinner, Trump promised he would lift a moratorium on permits for liquefied natural gas exports on his “first day” in office, undo the Biden administration’s limitations on drilling in the Alaskan Arctic and pave the way for more drilling in the Gulf of Mexico, the Washington Post

Trump then suggested he should be compensated for the industry-friendly proposals in the form of a $1 billion donation to his campaign, what he said would be a “deal” compared to the benefits he would bring the industry.

 

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