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Trump asks oil companies to raise $1B, vows rollback of Biden’s green policies
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TRUMP WANTS BACK IN THE WHITE HOUSE, AND IF RE-ELECTED HE’LL BE LEAVING MANY OF BIDEN’S ENVIRONMENTAL POLICIES AT THE DOOR.
[FMR. PRESIDENT TRUMP]
We’re going to drill baby drill
[JACK AYLMER]
HE JUST NEEDS BIG OIL TO PAY UP AND HELP.
ACCORDING TO THE WASHINGTON POST, TRUMP HAS VOWED TO END THE CURRENT RULES AROUND EMISSIONS AIMED AT PROMOTING ELECTRIC VEHICLES.
THIS PROMISE WAS REPORTEDLY MADE DURING A MEETING LAST MONTH WITH TOP U.S. OIL EXECUTIVES.
IN EXCHANGE FOR THE ROLLBACK, TRUMP WANTS THESE COMPANIES TO RAISE ONE BILLION DOLLARS FOR HIS PRESIDENTIAL CAMPAIGN.
AS PART OF THE FORMER PRESIDENT’S ATTEMPT TO PROCURE THOSE FUNDS, HE ALSO INDICATED A NUMBER OF OTHER CONCESSIONS TO BIG OIL WERE ON THE TABLE.
THIS WOULD INCLUDE REVERSING THE CURRENT FREEZE ON PERMITS FOR NEW LIQUEFIED NATURAL GAS EXPORTS-
MORE LEASE AUCTIONS FOR OIL DRILLING IN THE GULF OF MEXICO-
AND A REMOVAL OF DRILLING RESTRICTIONS IN THE ALASKAN ARCTIC.
TRUMP ALLEGEDLY CALLED THE BILLION DOLLAR PROPOSAL A QUOTE “DEAL,” BECAUSE OF THE REGULATIONS THE OIL INDUSTRY WOULD AVOID THANKS TO HIM.
AND IT JUST MIGHT ACTUALLY BE A BARGAIN FOR THEM.
ONE OIL INDUSTRY EXEC IS SAID TO HAVE COMPLAINED ABOUT CONTINUED FRUSTRATION WITH BIDEN’S ENVIRONMENTAL POLICIES-
DESPITE SPENDING 400 MILLION DOLLARS TO LOBBY THE WHITE HOUSE IN THE LAST YEAR ALONE.
JACK AYLMER – STRAIGHT ARROW NEWS.