ICYMI: Financial Times, Donald Trump touts fossil fuel agenda in bid for cash from Texas oil donors
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Washington, D.C. — As millions of Americans are still reeling from the devastation of Hurricane Helene, Kamala Harris is volunteering in impacted communities while Trump is on a Big Oil fundraising swing. Trump’s ties to the oil industry run deep – and he’s promised to grant them their wishlist on his ‘Day One dictatorship’ if elected.
Financial Times: Donald Trump touts fossil fuel agenda in bid for cash from Texas oil donors
Donald Trump touted his pro-fossil fuel agenda and accused President Joe Biden of holding back the US’s oil and gas industry on Wednesday during a closed-door meeting in Midland, Texas, where he courted deep-pocketed industry barons for cash…
The former president’s pitch to oil donors came as he raced through Texas on Wednesday in a bid to rustle up more cash and close the fundraising gap with Democratic candidate Kamala Harris as the tight race for the White House enters its final month.
Trump has tried to make fossil fuels central to his campaign, railing against Biden’s “war on American energy” even as US oil and gas production has hit record highs during the current administration.
The lunch event at the plush country club in Midland was chaired by Javaid Anwar, chief executive of Midland Energy and one of Trump’s biggest industry supporters, and his wife, Vicky, alongside Bubba Saulsbury of construction group Saulsbury Industries and Doug Scharbauer, another prominent local oilman and horse breeder.
According to an invitation seen by the FT, event chairs paid $924,600 per couple; co-chairs $300,000 per couple; and regular sponsors $25,000 per couple. Photos with the former president cost $50,000 each.
The former president has curried favour with US oil executives with his vow, if elected, to rip up environmental regulations imposed by the Biden administration and encourage companies to “drill, baby, drill”…
The oil industry has proved fertile fundraising territory for the Republican candidate as executives smart over environmental restrictions imposed by the Biden administration that they say will hinder investment…
Trump’s descriptions of climate change as a “hoax” and Biden’s clean energy programme as a “scam” have also drawn backing from some people in the fossil fuel industry.