NEW REPORT: Oil and Gas Industry Spent $450 Million to Influence Trump and the 119th Congress
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Washington, D.C. – According to a new analysis by Climate Power, Big Oil spent $450 million to influence Donald Trump and Republicans throughout the 2024 election cycle and 118th Congress. This funding includes direct donations, lobbying, and advertising to support Republicans and their policies.
Climate Power senior advisor for oil and gas Alex Witt issued the following statement:
“The oil and gas industry spent a whopping $450 million to influence Donald Trump and Republicans. That investment is already paying off. Donald Trump’s day-one actions have shown where his loyalties lie – executing the industry’s wishlist at the expense of working Americans. Trump’s energy agenda will raise costs for families, strip away energy choices, dirty our air and water, and put 400,000 new clean energy jobs at risk.”
Read the full analysis HERE
In the 2024 election cycle, oil and gas donors spent:
- $96 million in direct donations to support Donald Trump’s presidential campaign and super PACs between January 2023 and November 2024
- $243 million lobbying Congress
- Nearly $80 million on advertising supporting Trump and other Republicans or policy positions supported by their campaigns
- More than $25 million to Republican down-ballot races, including $16.3 million to Republican House races, $8.2 million to Republican Senate races, and $559,049 to Republican Governors