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Just dropped · Trial Balloon · Ep. 192

November Surprises

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Trial Balloon · Ep. 192: November Surprises

Trump Asks Oil Executives for $1 Billion

May 9, 2024 · 8:42 am ET · Leave a Comment

“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,” the Washington Post reports.

“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.”

“Giving $1 billion would be a ‘deal,’ Trump said, because of the taxation and regulation they would avoid thanks to him.”

“Trump’s remarkably blunt and transactional pitch reveals how the former president is targeting the oil industry to finance his reelection bid.”

Financial Times: Big Oil boomed under Biden. So why does it hate him?

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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