U.S. Oil Industry Favors Trump for President

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The U.S. oil and gas industry has donated $7.36 million to Donald Trump's campaign, more than to Nikki Haley or Joe Biden.

The U.S. oil and gas industry has donated $7.36 million to Donald Trump’s campaign, clearly favoring him over his Republican rival for the nomination, Nikki Haley, and over incumbent President Joe Biden who has angered the sector with most of his energy policies since he took office.

The oil and gas sector hasn’t flocked to donate to President Biden’s campaign, even though American oil and gas production hit record-high levels during his current term serving as president. U.S. oil and gas production and exports of petroleum and LNG were booming last year, but most in the industry say this was despite Biden’s policies, not thanks to them.

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