Presidential candidate Donald Trump offered oil industry a wishlist of policy items while asking for money
At a Mar-a-Lago event last month, former President Trump asked oil executives to donate $1 billion to his campaign. At the same event, Trump promised to satisfy a variety of industry demands, including a reversal of automotive emissions regulations introduced under Biden. The industry is already spending an eight-figure amount of money campaigning against the climate policy.
To be sure, the oil industry is opposed to Biden, funneling an eight-figure amount of money into a national advertising campaign to dismantle policy threats, such as the EPA's new emissions targets for passenger vehicles. The White House described the new rules as the most ambitious tailpipe restrictions ever, but they have been described as an EV mandate those who oppose them, and challenged in court by Republicans.
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