Political Wire

  • Front Page
  • Trending
  • Reader Wire
  • Members
    • Subscribe
    • Sign In
  • Contact Us
You are here: Home / 2024 Campaign / Trump Asks Oil Executives for $1 Billion

Trump Asks Oil Executives for $1 Billion

May 9, 2024 at 8:42 am EDT By Taegan Goddard 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?

FavoriteLoadingSave to Favorites
  • Bluesky
  • X
  • Threads
  • Facebook
  • Email

Filed Under: 2024 Campaign, Energy

« It’s Fine to Ignore the Polls
Trump Stays Quiet After Stormy Daniels Testifies »

Your Account

Sign in

Members Only

  • The Problem With Being Trump’s Heir
  • Why Trump Is Picking a Fight with the Pope
  • When the Iran War Gets Real for Most Americans
  • Weekly News Quiz
  • Who’s Happy Now?

Trial Balloon

Add Trial Balloon to your podcast player to get new episodes each week.


About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

Praise for Political Wire

“There are a lot of blogs and news sites claiming to understand politics, but only a few actually do. Political Wire is one of them.”

— Chuck Todd, host of “Meet the Press”

“Concise. Relevant. To the point. Political Wire is the first site I check when I’m looking for the latest political nugget. That pretty much says it all.”

— Stuart Rothenberg, editor of the Rothenberg Political Report

“Political Wire is one of only four or five sites that I check every day and sometimes several times a day, for the latest political news and developments.”

— Charlie Cook, editor of the Cook Political Report

“The big news, delicious tidbits, pearls of wisdom — nicely packaged, constantly updated… What political junkie could ask for more?”

— Larry Sabato, Center for Politics, University of Virginia

“Political Wire is a great, great site.”

— Joe Scarborough, host of MSNBC’s “Morning Joe”

“Taegan Goddard has a knack for digging out political gems that too often get passed over by the mainstream press, and for delivering the latest electoral developments in a sharp, no frills style that makes his Political Wire an addictive blog habit you don’t want to kick.”

— Arianna Huffington, founder of The Huffington Post

“Political Wire is one of the absolute must-read sites in the blogosphere.”

— Glenn Reynolds, founder of Instapundit

“I rely on Taegan Goddard’s Political Wire for straight, fair political news, he gets right to the point. It’s an eagerly anticipated part of my news reading.”

— Craig Newmark, founder of Craigslist.

Copyright © 2026 · Goddard Media LLC | Privacy Policy | Corrections Policy

Political Wire ® is a registered trademark of Goddard Media LLC