RFK Jr.'s family trust earns thousands from an oil and gas company

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He is a longtime fossil fuel critic and anti-pollution activist.

Robert F. Kennedy Jr., who built his public profile as an environmental activist and crusader against polluters, earned tens of thousands of dollars from an oil and gas rights leasing company.

“I sold all my stake in this company in December. I still indirectly own a very small interest in Arctic Royalty through my brother David’s estate. It generates approximately $1,000 per year. I own 1/10 of that estate. Because other family members are also owners, I have no power to sell off this investment,” he said in a statement.

The complete and transparent disclosure of a candidate’s financial investments and holdings is a vital part of the public vetting process, experts say. while it agreed with the “legislative intent,” it opposed reforms not directly related to the cause of that specific train derailment. This included opposing an accelerated phase-out of the tank car fleet.

Kennedy did not mention in the campaign video about East Palestine that he received revenue from Arctic Royalty, which does business with the Occidental Petroleum’s subsidiary.

 

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