Oil Moguls Emerge as Key Cash Source for Trump as Race Nears End
Source: Bloomberg
October 6, 2024 at 8:00 AM EDT
Oil executives have emerged as an increasingly important source of funding for Donald Trump, as industry titans open their wallets to bolster the Republican nominees campaign for a second term in the White House.
The billionaires backing Trump include Kelcy Warren, chief executive officer of pipeline operator Energy Transfer LP; Harold Hamm, the founder of Continental Resources Inc.; and Jeff Hildebrand, CEO of Hilcorp Energy Co.
Trump sought more support last week with fundraisers in Midland, Texas, the heart of the prolific Permian Basin, and Houston, the self-styled energy capital of the world. The latest swing builds on May events with donors in Dallas and Houston and a closed-door energy roundtable with executives at Trumps Mar-a-Lago Club in Florida.
Oil executives and employees have grown in significance for Trump as his fundraising base has narrowed. The industry is now his fourth-biggest source of cash, up six places from the 2020 election cycle, according to campaign data analyzed by OpenSecrets.
Read more: https://www.bloomberg.com/news/articles/2024-10-06/oil-moguls-emerge-as-key-cash-source-for-trump-as-race-nears-end
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Vogon_Glory
(9,592 posts)bankrolled Ted Cruz, as well as Texas Governor Greg Abbot and Texas Lieutenant Governor Dan Patrick and Texas Attorney General Ken Paxton. Theyre also the guys who let loose the so-called RINO hunters who ousted more moderate Texas Republicans in the legislature (Who werent much to begin with, but actually believed in governing).
Martin68
(24,711 posts)Bayard
(24,145 posts)kimbutgar
(23,572 posts)By throwing money at an unhinged insane man who is imploding in front of us.
twodogsbarking
(12,265 posts)StClone
(11,869 posts)twodogsbarking
(12,265 posts)Evolve Dammit
(19,033 posts)wolfie001
(3,831 posts)Blast this far and wide and loud!!! These fuckers have zero interest in the lives of regular Americans and their families. Only tax cuts for the uber wealthy.
Hotler
(12,368 posts)ck4829
(36,107 posts)And we need to remember that all lives matter more than fossil fuel profits.