During his presidency, Joe Biden has overseen a significant boom in the U.S. oil and gas industry, with production reaching record levels of over 13 million barrels per day, nearly tripling since the Obama era, and substantial increases in exports and profits. Despite this growth, industry leaders attribute their success to their own resilience rather than Biden's policies. Concurrently, Donald Trump has been actively courting the oil industry for support in his potential return to the presidency, promising to dismantle Biden's environmental regulations in exchange for campaign donations. Reports indicate Trump has explicitly requested $1 billion from oil executives, offering substantial regulatory rollbacks as a quid pro quo. This has raised concerns about corruption and the ethical implications of such promises, as well as Trump's anti-green culture war.
It's a quid pro quo so shocking that while we don’t know the sources of these articles, it sure looks like Trump's offer managed to stun even a bunch of oil executives, says @chrislhayes on reporting that Trump vowed to gut climate laws for a $1B donation. https://t.co/NwYrZWCou7
Donald Trump reportedly told oil industry executives that he'd open the floodgates for drilling and take a sledgehammer to President Joe Biden's environmental initiatives. https://t.co/jkXhpWx5Wg
Donald Trump held an “energy round table” at his Florida resort where a number of oil company CEOs were present. Donald made them a stunning offer: “Give me a Billion dollars in donations and I will overturn all Joe Biden anti-oil environmental regulations and EV mandates”.
While Donald Trump is on trial for his previous crimes, he’s actively committing even more: A quid-pro-quo with Oil Execs, promising to give them dirty energy handouts on day 1 if they help re-elect him. This is an unbelievable, illegal sell out of our planet. https://t.co/olFi0yHGD6
Why big oil executives are already salivating over a second Trump term. https://t.co/FBEpQY4VyI
In case it's unclear to anyone... this is naked corruption. Trump would sell our climate and our kids' future to the highest bidder. https://t.co/1jsi6TNaTR https://t.co/q0do97v4VL
While climate change continues to worsen in our country and around the world, the former president is making high-priced promises to oil companies. https://t.co/B92map4lcq
Trump thinks his anti-green culture war is worth a $1 billion donation https://t.co/09X8zJhYr6
What Trump offered oil executives for a $1 billion boost to his candidacy was what he offers all of his supporters: to advocate their side in their cultural battle. https://t.co/2SWFtGmKrn
Give him a billion and he will let them scorch the earth, poison the water, filth up the air that we breathe and more. Trump is selling our health in order to stay out of prison….because unless he wins, he knows he will be found guilty and prosecuted to the fullest. https://t.co/WBeyvXfnKI
"Trump ‘offered to block electric car rollout’ as he asked oil bosses for $1bn." Quid Pro Quo. Something for Something. It's Red Line, or line separating sleazy or even corrupting from criminal, in US. That line was crossed in Ohio electricity scandal. https://t.co/hOWtJfERHt
Column | Big Oil is doing way better under Biden than under Trump https://t.co/saP343GvU9 by @rickjnewman
Trump teams up with Big Oil on plan to dismantle Biden's green agenda - Axios https://t.co/OnAW8eCosP
“Remarkably blunt and transactional”: Pay me a billion dollars, Trump tells oil co bosses, and he’ll happily help hasten the planet’s demise. The Republican front-runner, folks. https://t.co/fo48zt7CMI
Trump has promised to cater to the oil-and-gas industry's every wish if it helps him regain the White House, but that would be shortsighted, @markgongloff says https://t.co/wa51baDpok via @opinion
Trump has promised to cater to the oil-and-gas industry's every wish if it helps him regain the White House, but that would be shortsighted, @markgongloff says https://t.co/UGcOXc3df7
Trump and the oil industry are sketching out audacious plans to begin dismantling Biden's fossil fuel regulations on Jan. 20, 2025. https://t.co/x3BwQXKO5D
Big Oil wants Trump back in the White House so he can repeal all the progress we've made on climate. He's asking them for $1 billion to help him win. We cannot afford to let an arsonist run this country for four more years. This election is crucial. https://t.co/OINZNaCxrR
Donald Trump is bending over backwards to appease Big Oil, selling out the climate and the clean energy economy in the process. https://t.co/xXGpgqynrh
Biden Urged to Halt Oil Export Projects After Terminal Approved Climate activists taking a page from LNG export pause playbook Deepwater oil terminal approved in April, three others pending #oott https://t.co/ewTLuF0B3X
Climate activists who successfully pushed Joe Biden to halt new US liquefied natural gas exports are setting their sights on proposed crude oil shipping facilities https://t.co/unEGLXF8Dx
Donald Trump epitomizes Republicans’ polluters over people agenda and this blunt conversation exposes their shameful bargain with the oil and gas industry. Our nation and the world cannot bear to double down on dirty fossil fuels. https://t.co/Dpge64Ngnx
For the oil executives being asked to donate campaign money in exchange for environmental policy rollbacks: #OOTT @jdawsey1 https://t.co/4y4JtNYA08
“Despite the oil industry’s complaints about Biden’s policies, the US is now producing more oil than any country ever, pumping 13 million barrels per day last year. ExxonMobil and Chevron, the largest U.S. energy companies, had their biggest annual profits in a decade last year.” https://t.co/LdBjQeU8OJ
"Giving $1 billion would be a 'deal,' Trump said, because of the taxation and regulation they would avoid thanks to him, according to the people." https://t.co/CjV7SWhyi1
Trump’s reported shakedown of oil executives may not have been illegal, but it is scandalous, @GrahamDavidA writes. Voters don’t like corruption, and Trump’s “plainly corrupt” offer “cuts to the center of the political persona he has cultivated.” https://t.co/c1RzpwstOx
Big Oil is literally writing up Executive Orders for Trump to sign on Day 1 — with the promise of $1 billion in return. He’s giving away our planet in return for cash. Have we just accepted this as the new norm?? https://t.co/7XCWh1DygF
'member when he said we should vote for him because he was so rich he couldn't be bought? I 'member. Trump 'Stunned' Oil Execs Demanding They Raise $1 Billion for His Campaign, Promising 'Deal' of Lower Taxes, Regulations: Report https://t.co/ZOaeAw8Syx via @mediaite
Trump promised US oil bosses to scrap climate laws for $1bn donation: report https://t.co/KPr0WqxULv
Trump demanded a billion dollars from oil executives and other corporate chiefs at a recent fundraiser - in return for tax cuts and deregulation. Our government is an open auction. Our political leaders are the most corrupt people in the country. Brazen call for political bribes.
To be clear, the US oil industry has done MUCH BETTER under Biden than Trump. This is the performance of the Bloomberg Americas Oil & Gas Index since 2016: https://t.co/ICHxmoUWCb https://t.co/u2AdeCEAAV
Wow a report today finds donald trump demanded a straight up billion dollar bribe from oil executives. Republicans want to sell you out to big oil to line their pockets https://t.co/EiucIimZta
Big Oil boomed under Biden. So why does it hate him? https://t.co/MuhY92oPJG @mylesmccormick_ @JamieSmythF & @sam_learner via @ft
Trump vows to target EVs, LNG exports in meeting with oil CEOs -report #oott https://t.co/AVkLzZVO44
Big Oil boomed under Biden. So why does it hate him so much? And why is it backing Trump despite serious misgivings - a long read explainer on US oil politics by @mylesmccormick_ @sam_learner @JamieSmythF https://t.co/GqHrIvFXpU via @ft
The oil and gas industry is preparing for a potential second Donald Trump presidency with a slate of executive orders ready to be signed on day one. Story: https://t.co/xaerJQpaTs https://t.co/kmAghgNIK6
WaPo: "Donald Trump has pledged to scrap President Biden’s policies on electric vehicles and wind energy, as well as other initiatives opposed by the fossil fuel industry." https://t.co/56daNuTe5B
US oil production is now nearly three times what it was when Obama was elected. “Big Oil boomed under Biden. So why does it hate him?” https://t.co/DeT60BeOpN
US oil and gas companies have reached new highs in production — and profits — during Joe Biden's presidency. Industry bosses say this is in spite of the president, not because of him https://t.co/ZivAqiID2g https://t.co/Ygl0j9io62
“Yet the rhetoric of the 2 candidates belies an inconvenient truth…[the US] oil & gas industry has flourished under Biden. At more than 13mn b/d, production is at record levels, exports…have surged & the scale of annual profits has been unprecedented.” https://t.co/2LHbRsW1eU