Trump Rakes in Millions from Oil Industry, Outpaces Biden in Campaign Funds

The oil industry is contributing millions to the Trump presidential campaign, helping the Republican candidate top his rival Joe Biden 's campaign war chest. And the Biden admin did a lot of this to itself. Bloomberg reported this week that the Trump campaign had raised a total of $76 million last month, which compared to a much lower $51 million for Biden . Per the New York Times, the Trump campaign has raised $7.3 million from the oil industry since the start of the year.

The argument implies oil executives would better think twice before pledging their support for him and giving his campaign money. The argument noted Trump's asking OPEC for more production and ending some policies that the oil industry did not want to end. Yet, while Trump was a notoriously unpredictable president as a whole, his support for oil and gas was, in fact, quite consistent.

Source: News Formal (newsformal.com)

Biden Elections Campaign Oil Gas Regulation Fundraising

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