Oil Industry Helps Trump's Texas Fundraising Efforts

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Oil executives contributed to Trump's fundraising efforts in Texas, raising as much as $40 million this week alone.

Oil executives contributed to Donald Trump’s fundraising efforts, which raised as much as $40 million in Texas alone this week, people who attended the events and are familiar with the fundraising haul told Bloomberg. Continental Resources chair Harold Hamm and Occidental Petroleum’s chief executive Vicki Hollub were among the attendees of a fundraising event in Houston on Wednesday, Bloomberg’s sources said.

A lot of oil tycoons have been supporters of the Republican Party. But now, this support has become more marked in light of the Biden Administration's energy policies—especially some of them, which have reduced federal leasing for oil and gas drilling and introduced stricter emissions regulations. Trump has asked executives of some of the largest U.S.

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