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BumRushDaShow

(166,282 posts)
10. Remember this?
Mon Jan 12, 2026, 07:44 AM
Jan 12
Trump promised to scrap climate laws if US oil bosses donated $1bn – report

Ed Pilkington in New York

Thu 9 May 2024 11.16 EDT
Last modified on Thu 9 May 2024 15.36 EDT




Donald Trump dangled a brazen “deal” in front of some of the top US oil bosses last month, proposing that they give him $1bn for his White House re-election campaign and vowing that once back in office he would instantly tear up Joe Biden’s environmental regulations and prevent any new ones, according to a bombshell new report.

According to the Washington Post, the former US president made his jaw-dropping pitch, which the paper described as “remarkably blunt and transactional”, at a dinner at his Mar-a-Lago home and club.

In front of more than 20 executives, including from Chevron, Exxon and Occidental Petroleum, he promised to increase oil drilling in the Gulf of Mexico, remove hurdles to drilling in the Alaskan Arctic, and reverse new rules designed to cut car pollution. He would also overturn the Biden administration’s decision in January to pause new natural gas export permits which have been denounced as “climate bombs”. “You’ll get it on the first day,” Trump said, according to the Post, citing an unnamed dinner attendee.

Trump’s exhortation to the oil executives that they were wealthy enough to pour $1bn into his campaign war-chest, at the same time pledging a U-turn on Biden’s efforts to combat the climate crisis, was immediately denounced on Wednesday by environmental groups. “$1bn for Trump, a devastating climate future for the rest of us,” said Pete Maysmith of the League of Conservation Voters (LCV).

(snip)

Recommendations

8 members have recommended this reply (displayed in chronological order):

Until he goes after Exxon's short term profits, they won't care Raven123 Jan 12 #1
Exxon Mobil's making a sensible call Vogon_Glory Jan 12 #2
In my opinion, they see trump lining up with the regime responsible for destroying Venezuela. Escurumbele Jan 12 #17
Yeah, right. He'll take investments wherever he can get them. Even Exxon. MLWR Jan 12 #3
"Watch what happens when you don't kiss my ass." KS Toronado Jan 12 #4
Exxon has more money than Trump lonely bird Jan 12 #5
Let me guess which presidential candidate the Exxon CEO Dr. T Jan 12 #6
Remember this? BumRushDaShow Jan 12 #10
They don't want it. So he's threatening to block them from something they don't want IronLionZion Jan 12 #7
That's what I was thinking. "You want to invest in this company!" Ray Bruns Jan 12 #8
But then there will be the "rest of the story..." BumRushDaShow Jan 12 #15
Ahhhh! Some good old fashioned extortion. Ray Bruns Jan 12 #25
"Transactional" as is often mentioned BumRushDaShow Jan 12 #27
"Oh please don't throw us into that briar patch!" 🤭 tanyev Jan 12 #13
This message was self-deleted by its author Old Crank Jan 12 #9
I never thought in a million years... LisaM Jan 12 #11
Break even for new wells in Texas $62 Old Crank Jan 12 #12
You can lead an oil company to oil but you can't make them drill. twodogsbarking Jan 12 #14
Trump is a lame-duck president. All his policies could be reversed with a Democratic president elected in 2028. Lonestarblue Jan 12 #16
The other oil companies probably feel likewise. JohnnyRingo Jan 12 #18
"But they're playing it out just in case sane people intercede and make it a moot issue." BumRushDaShow Jan 12 #19
Sir, redirect your thoughts to the disaster that is this country! Hope22 Jan 12 #20
I remember reading once a while back that the oil companies had agreed that the per barrel price... littlemissmartypants Jan 12 #21
The Dallas Federal Reserve does an annual survey to the oil producers asking about what their "breakeven" price is BumRushDaShow Jan 12 #28
So... littlemissmartypants Jan 12 #32
The next report won't happen until this March BumRushDaShow Jan 12 #35
It will be interesting to see that March report. ❤️ littlemissmartypants Jan 12 #40
Venezuelan oil needs a very certain type of refinery and Exxon doesn't have those refineries.... Botany Jan 12 #22
Orange Julius buddy does though, 3 of em Strelnikov_ Jan 12 #38
You mean the refineries on the Gulf Coast that are already set up for Venezuelan oil? Botany Jan 12 #41
Per Paul Krugman a week or so ago Strelnikov_ Jan 12 #42
The Republican/Rich shits along with various corps, thugs, crypto scammers, and ? have taken corruption to ... Botany Jan 12 #43
Much bigger than Teapot Dome Strelnikov_ Jan 12 #44
He is trying to get them to pay him some way JI7 Jan 12 #23
Is this the nwduke Jan 12 #24
Exactly! oasis Jan 12 #26
I need a tee shirt that reads ..... 70sEraVet Jan 12 #29
Great protest sign, 70sEraVet. There are shops on Etsy that can do that shirt for you. ❤️ littlemissmartypants Jan 12 #33
I'm near Houston and this is what I'm hearing - TBF Jan 12 #30
The numbers I just looked at, that BRDS shared, support that notion. littlemissmartypants Jan 12 #34
Oil is already barely at break even prices NickB79 Jan 12 #39
trump's feelings were hurt LetMyPeopleVote Jan 12 #31
Rex Tillerson looked at trump in the first term tonekat Jan 12 #36
I couldn't remember his name BumRushDaShow Jan 12 #37
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