Oil Moguls Emerge as Key Cash Source for Trump as Race Nears End

[BumRushDaShow]

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 nominee’s 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 Trump’s 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]

1. FYI These are the social reactionaries who

bankrolled Ted Cruz, as well as Texas Governor Greg Abbot and Texas Lieutenant Governor Dan Patrick and Texas Attorney General Ken Paxton. They’re also the guys who let loose the so-called RINO hunters who ousted more moderate Texas Republicans in the legislature (Who weren’t much to begin with, but actually believed in governing).

[Martin68]

2. Quid pro quo.

[Bayard]

3. Oil execs make too much money

[kimbutgar]

4. Sounds like they are trying to make a silk purse out of a sows ear

By throwing money at an unhinged insane man who is imploding in front of us.

[twodogsbarking]

5. The least surprising thing in the news, but still newsworthy.

[StClone]

7. Trump flame out fueled by Big oil, is that irony or just the way it is?

[twodogsbarking]

9. They have JDV. Bye DJT.

[Evolve Dammit]

6. They can scrape a billion together. No problem. And hide it all thanks to Citizens United.

[wolfie001]

8. Let's hope it's all wasted money

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]

10. Fascist. nt

[ck4829]

11. Very disturbing

And we need to remember that all lives matter more than fossil fuel profits.

[Kid Berwyn]

12. Pig Oil. Big Oil. Drill. Drill. Drill.