Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

Trump’s Promise to Oil Tycoons: Give Me a Billion, I’ll Scrap Climate Policies

Daniel Kim Views  

Former President Donald Trump met and reportedly told major U.S. oil company executives, promising to scrap the Biden administration’s climate policies and asking for one billion dollars in campaign funds, according to a report by The Washington Post (WP) on the 9th.

According to WP, at a dinner held last month at Trump’s Mar-a-Lago residence, one executive complained, “We spent 400 million dollars on lobbying the Biden administration last year, but burdensome environmental regulations continue.” In response, Trump proposed this deal.

At the dinner, Trump emphasized that oil companies would greatly benefit from new offshore drilling, swift approvals, and more during his term. He also promised to end the delay in exporting new liquefied natural gas (LNG) projects on his first day in office.

WP reported, “Trump’s astonishingly straightforward and transactional remarks show that he is targeting the oil industry to raise funds for his re-election campaign.”

CEOs from Venture Global LNG and Cheniere Energy, two companies that would benefit if the LNG export permit suspension is lifted, attended the dinner. Other attendees reportedly included executives from Chevron, Continental Resources, Exxon, and Occidental Petroleum. Trump promised to allow more drilling in the Gulf of Mexico and northern Alaska and criticized wind power.

Trump also reiterated his promise to repeal President Biden’s electric vehicle mandate, another issue closely watched by the fossil fuel industry. The oil industry has opposed the Biden administration’s strengthened emission regulations, calling them “restricting consumer choice.”

Trump’s energy policy is led by Doug Burgum, the Governor of North Dakota, who dropped out of the Republican presidential primaries. He, a strong vice presidential candidate, said at a fundraising event on the 4th, “If there’s one thing President Trump can do on his first day in office, it’s to stop the hostile attack on all American energy.”

Daniel Kim
content@viewusglobal.com

Comments0

300

Comments0

[WORLD] Latest Stories

  • President Biden's Attempt to Appeal to Black Voters
  • Will Donald Trump's Return as US President Boost Bitcoin Value?
  • U.S. Defense Vulnerability Exposed by Rising Climate Extremes
  • U.S. and Allies Slam ICC's 'Outrageous' Warrant Against Israeli Leaders
  • From Diplomacy to Outrage: How ICC's Recent Decisions Complicate U.S. Foreign Policy
  • Middle East Unrest Pushes Investors Towards Gold and Silver

Weekly Best Articles

  • President Biden’s Attempt to Appeal to Black Voters
  • North Korean Golfers Seen Wearing Nike Gear: Contraband or Elite Privilege?
  • Will Donald Trump’s Return as US President Boost Bitcoin Value?
  • U.S. Defense Vulnerability Exposed by Rising Climate Extremes
  • Amal Clooney Advocates for Arrest Warrants in War Crimes Case Involving Israel and Hamas
  • TikTok Video Praising Kim Jong Un Blocked: Sparks National Security Concerns in South Korea
  • Online Shopping Addiction? More Americans Buying During Work
  • U.S. and Allies Slam ICC’s ‘Outrageous’ Warrant Against Israeli Leaders
  • From Diplomacy to Outrage: How ICC’s Recent Decisions Complicate U.S. Foreign Policy
  • Kang Daniel to Close His Entertainment Business Following Major Scandals
  • Why Google’s Choosing Finland for Its AI Expansion
  • Unexpected Friendship: Elon Musk and South Korean President Yoon Suk Yeol

You May Also Like

  • 1
    Why Google's Choosing Finland for Its AI Expansion

    BUSINESS 

  • 2
    Unexpected Friendship: Elon Musk and South Korean President Yoon Suk Yeol

    BUSINESS 

  • 3
    South Korean Court Orders Parents to Pay Compensation in Place of Their Minor

    ASIA 

  • 4
    Steel Showdown: U.S. Industry Braces for Surge in Chinese Imports

    ASIA 

  • 5
    iPhone 16 Color Update: What's In and What's Out This Season

    LATEST 

Popular Now

  • 1
    Marriage Reboot: Over Half of Married Couples Would Opt Out If Given a Second Chance

    LIFESTYLE 

  • 2
    North Korean Hackers Strike Again

    ASIA 

  • 3
    Target Slashes Prices on Thousands of Items: From Diapers to Dairy!

    BUSINESS 

  • 4
    China Warns: Taiwan's Push for Independence is a 'Dead-End Road'

    ASIA 

  • 5
    Apple Cuts iPhone Prices by Over 20% in China to Boost Sales

    BUSINESS 

Weekly Best Articles

  • President Biden’s Attempt to Appeal to Black Voters
  • North Korean Golfers Seen Wearing Nike Gear: Contraband or Elite Privilege?
  • Will Donald Trump’s Return as US President Boost Bitcoin Value?
  • U.S. Defense Vulnerability Exposed by Rising Climate Extremes
  • Amal Clooney Advocates for Arrest Warrants in War Crimes Case Involving Israel and Hamas
  • TikTok Video Praising Kim Jong Un Blocked: Sparks National Security Concerns in South Korea
  • Online Shopping Addiction? More Americans Buying During Work
  • U.S. and Allies Slam ICC’s ‘Outrageous’ Warrant Against Israeli Leaders
  • From Diplomacy to Outrage: How ICC’s Recent Decisions Complicate U.S. Foreign Policy
  • Kang Daniel to Close His Entertainment Business Following Major Scandals
  • Why Google’s Choosing Finland for Its AI Expansion
  • Unexpected Friendship: Elon Musk and South Korean President Yoon Suk Yeol

Must-Reads

  • 1
    Why Google's Choosing Finland for Its AI Expansion

    BUSINESS 

  • 2
    Unexpected Friendship: Elon Musk and South Korean President Yoon Suk Yeol

    BUSINESS 

  • 3
    South Korean Court Orders Parents to Pay Compensation in Place of Their Minor

    ASIA 

  • 4
    Steel Showdown: U.S. Industry Braces for Surge in Chinese Imports

    ASIA 

  • 5
    iPhone 16 Color Update: What's In and What's Out This Season

    LATEST 

Popular Now

  • 1
    Marriage Reboot: Over Half of Married Couples Would Opt Out If Given a Second Chance

    LIFESTYLE 

  • 2
    North Korean Hackers Strike Again

    ASIA 

  • 3
    Target Slashes Prices on Thousands of Items: From Diapers to Dairy!

    BUSINESS 

  • 4
    China Warns: Taiwan's Push for Independence is a 'Dead-End Road'

    ASIA 

  • 5
    Apple Cuts iPhone Prices by Over 20% in China to Boost Sales

    BUSINESS 

Share it on...