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Trump Courts Oil Executives for $1 Billion Campaign Boost


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Former President Donald Trump's pitch to top oil executives for a $1 billion campaign contribution sheds light on his strategy to overturn Biden's environmental policies and secure industry support.

During a dinner at Mar-a-Lago, Trump urged oil executives to raise $1 billion for his re-election bid, promising to reverse President Biden's environmental regulations in return. His transactional approach underscores his focus on leveraging the oil industry's financial power to shape his environmental agenda.

 

In contrast to Biden's climate policies, which prioritize environmental regulations and clean energy initiatives, Trump has openly dismissed climate change as a "hoax" and rolled back numerous environmental protections during his presidency. Trump's promise to dismantle Biden's environmental actions aligns with his pro-fossil fuel stance and commitment to boosting oil production.

 

Despite the oil industry's concerns about Biden's policies, the United States has witnessed record oil production under his administration. However, Trump's pledge to further relax regulations and expedite permits for oil drilling suggests an even greater windfall for oil companies in a potential second term.

 

At the Mar-a-Lago dinner, Trump assured executives of immediate actions to benefit the oil industry, including lifting the freeze on permits for liquefied natural gas (LNG) exports and expediting oil drilling leases in the Gulf of Mexico. His promises directly catered to the interests of companies like Venture Global and Cheniere Energy, which stand to gain from increased LNG exports.

 

Moreover, Trump vowed to scrap Biden's perceived "mandate" on electric vehicles, mischaracterizing EPA regulations aimed at reducing emissions from car tailpipes. The move reflects the oil industry's opposition to measures that could diminish demand for petroleum products, prompting lobbying efforts against the EPA's tailpipe rules.

 

While the oil industry may not present a unified front in its requests to the Trump administration, Trump's alignment with its priorities highlights the significance of addressing industry concerns. As Trump seeks to secure industry support for his re-election bid, his pledges to roll back environmental regulations and prioritize fossil fuel interests underscore the stakes of the upcoming election for both the oil industry and environmental advocates.

 

2024-05-10

 

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5 hours ago, eisfeld said:

Presidential policies openly for sale. Fantastic. Whenever you think he cant drag things lower he comes in with another punch in the face. An infinite fractal of a disaster. Just kinda from the inside out because the disasters get bigger not smaller.

Be real... these types of deals are made with so many types of industries. It has been happening since elections began. Only because this is Trump is it dragged into the social networks views and most likely made into worse than it really is. You really need to look at both parties and who supports them financially.

 

If money is sent to elect or re-elect a prez. You can be sure their campaigns are supported by some large industry. With trump it may be oil and gas. With Biden it may be or been with the pharmaceutical companies. 

What would you say if you learned Bidens campaign last term was financially backed by drug companies? Maybe even the same companies that pushed the Covid vaccine into everyone's bodies? This is all part of the normal process to get money to pay for their campaign. 

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On 5/10/2024 at 2:12 AM, Skeptic7 said:

Be a "dick-tator"🤣

 

As in "Tater tot" ?   I thought the lady said mushroom.

:cheesy:

 

On 5/10/2024 at 4:16 AM, Cory1848 said:

Trump’s agenda all along has been to rake in buckets of money by catering to the desires of the billionaire and corporate class, while diverting the lower classes with lies about immigration, election fraud, and other lurid topics. Anyone who doesn’t see this should qualify for a tax break, as they are legally blind.

It was reported that in 2021 he was offered US$25 million for a season of The Apprentice.  These days he can pull in that much in month with small dollar donations.

I'm noticing a quiet display of backbone on the rise in the GOP, little hints are being dropped in the media.  Only 2 months until the convention.

 

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Posted (edited)
On 5/10/2024 at 11:03 AM, Chomper Higgot said:

Out declaring that he’s for sale.

 

’Russia, if you’re listening’!

USA politicians and presidents have been for sale for a very longtime through lobbyists, system is rotten to the core.

Edited by FritsSikkink
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On 5/10/2024 at 4:01 PM, Thingamabob said:

Not a bad idea for any country to maximise the use of it's natural resources. Biden doing a good job in this context re oil, gas and shale. I doubt Trump could do any better.

Texas Tea! The climate freaks dont like it much.

I couldn’t care less who makes billions from it!

Nothing wrong with being rich.It usually comes from working hard and investing!

 

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3 hours ago, Chomper Higgot said:


I agree that money needs to be taken out of politics legislation needs bringing in to annul ‘Citizens United’ and lobbying needs to be regulated better.

 

But Trump isn’t responding to lobbying or funding, he’s offering the power of the Presidency for sale.

 

That’s corruption on a whole different scale.

Corruption is corruption no matter which scale you use. 

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On 5/10/2024 at 1:21 PM, klauskunkel said:

His Russian handlers refer to him as Agent Orange

Would that be because he contaminates everything he touches?

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