Trump promises oil execs to end EVs once and for all in exchange for $1 billion in campaign donations, Washington Post reports [Fortune]
Occidental Petroleum Corporation (OXY)
Last occidental petroleum corporation earnings: 2/27 04:13 pm
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Source: Fortune
During a meeting in Florida, Trump told a room full of oil executives that in exchange for raising $1 billion in campaign funds for his reelection bid he would roll back a slew of environmental regulations , according to a report from the Washington Post . The oil executives reportedly balked at the transactional nature of Trump's comments. Spending $1 billion to send him back to the White House would be a “deal” for the executives in attendance because of all the regulation and taxes they would avoid if he were in office, Trump said, according to the Post. Executives from Chevron , Exxon, and Occidental Petroleum were among the attendees, the Post reported. The Trump campaign, Chevron, and Occidental Petroleum did not respond to a request for comment from Fortune . Representatives from Exxon declined to comment. Included in those future regulatory cuts was a promise to undo a series of regulations meant to encourage automakers to invest in and manufacture more electric vehicle
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OXY
News
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- Business Insider logo [Business Insider]Business Insider
- Column: Whatever Big Oil wants, Big Oil gets. As long as it bankrolls Trump [Los Angeles Times (CA)]Los Angeles Times
- Occidental Petroleum Corporation's (NYSE:OXY) Intrinsic Value Is Potentially 30% Above Its Share Price [Yahoo! Finance]Yahoo! Finance
- Occidental Petroleum (NYSE:OXY): Is This Buffett Stock a Buy Now? [Yahoo! Finance]Yahoo! Finance
OXY
Earnings
- 5/7/24 - Beat
OXY
Sec Filings
- 5/7/24 - Form 4
- 5/7/24 - Form 4
- 5/7/24 - Form 4
- OXY's page on the SEC website