Republican presidential candidate Donald Trump vowed to reverse dozens of the Biden administration's environmental rules and policies at a meeting with top U.S. oil executives, where he also asked them to raise $1 billion for his presidential campaign, the Washington Post reported on May 9.
The Post, citing unidentified sources familiar with the meeting last month in Florida, said Trump promised to end President Joe Biden's emissions rules aimed at promoting electric vehicles and halt the Biden administration's freeze on permits for new liquefied natural gas exports, among other actions.
Trump told the chief executives that giving $1 billion would be a "deal" for them, according to the report. Invited guests included the CEOs of Venture Global, Cheniere Energy as well as representatives from Chevron, Continental Resources, Exxon Mobil and Occidental Petroleum, it said.
Representatives for Trump's campaign could not be immediately reached for comment. Representatives for the companies also could not be immediately reached.
Trump, who faces a rematch with Biden in the Nov. 5 presidential election, has vowed to undo much of the Democratic president's work to fight climate change.
Biden has touted his administration's climate efforts — including its tailpipe rules — as both good for the environment and for the economy, which is a factor in his re-election campaign.
At the meeting in Trump's private club, the Republican presidential contender also said he would auction off more leases for oil drilling in the Gulf of Mexico and reverse drilling restrictions in the Alaskan Arctic, the Post reported. He also reiterated his complaints about wind power, it added.
Recommended Reading
Seatrium Awarded Contract for FPSO Bound for Guyana’s Stabroek
2024-05-17 - The topsides fabrication and integration contract will be for the FPSO Jaguar, bound for the Whiptail Field in the Stabroek block offshore Guyana for Exxon Mobil.
Third Suriname Find for Petronas, Exxon Could Support 100,000 bbl/d FPSO
2024-05-17 - A recent find offshore Suriname in Block 52 by Petronas and Exxon Mobil could support a 100,000 bbl/d FPSO development, according to Wood Mackenzie.
US Drillers Add Oil, Gas Rigs for First Time in Four Weeks: Baker Hughes
2024-05-17 - The oil and gas rig count rose by one to 604 in the week to May 17.
BPX Looks to Ramp US Production Over 60% by 2030
2024-05-16 - BPX Energy is looking to boost its U.S. production over 60% by 2030 as it considers bringing online a fourth processing facility in the Permian by mid-year 2025, Clark Edwards, the company’s vice president of development, said during SUPER DUG in Fort Worth.
Empire Petroleum’s Williston Drilling Program Identifies New Zones
2024-05-16 - Empire Petroleum provided updates on its Williston Basin development drilling program in its first quarter 2024 earnings results.