A new report from Climate Power reveals that fossil fuel executives are financially supporting President Donald Trump's 2024 election campaign, contributing a staggering $445 million—$96 million directly to Trump and additional millions on lobbying and advertising. The report indicates a direct correlation between these investments and potential deregulations benefiting the oil and gas industry. It also highlights the opacity surrounding some donations, complicating efforts to gauge the full extent of Big Oil's political influence, particularly through dark money channels.
Big Oil's total financial influence this election cycle amounts to an astounding $445 million, including $96 million directly to Trump's campaign.
Executives reportedly helped finance Trump’s 2024 presidential campaign to influence the race, with $243 million spent on lobbying Congress.
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