Oil & Gas Industry Fuelling Trump Campaign and GOP Contenders
Sputnik International
According to an analysis by OpenSecrets, the oil industry currently ranks as Trump’s fourth-largest source of donations, climbing six positions higher than the 2020 election cycle.
Prominent oil executives have ramped up their support for Republican nominee Donald Trump, with top five contributors from the oil and gas industry identified for the 2023-2024 election cycle. These donations are mostly directed towards Republicans and conservative organizations, with a substantial amount allocated to Trump and other GOP candidates.
Contrastingly, only 7% of Hillary Clinton’s campaign funding came from fossil fuel companies. Since 1990, the majority of contributions from the US oil and gas industry have been directed towards the GOP, highlighting the industry’s significant influence on politics.
With key players in the oil and gas sector backing Republican candidates, the 2024 US election campaign is set to be heavily fueled by these contributions, shaping the political landscape for the upcoming race.