Trump seeks out loyal donors in West Texas fracking fields

Trump seeks out loyal donors in West Texas fracking fields

SeattlePI.com

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WASHINGTON (AP) — President Donald Trump's visit to a U.S. fracking hub on the West Texas plains comes during the state’s fierce coronavirus outbreak and a global oil and gas glut that is putting the squeeze on his loyal donors in the petroleum industry.

Trump is combining some fundraising Wednesday with his first trip to an oil and gas rig and to his first visit as president to the Permian Basin. He'll pull in up to $100,000 a person at a roundtable with supporters.

“The amount of money might be slightly off because the markets are down and they’re suffering a bit,” said Bill Miller, a prominent lobbyist and consultant in Austin. “But it’s the kind of industry that remembers their friends through thick and thin, and Trump has been their friend."

Texas over the past month has experienced a dramatic spike in newly confirmed coronavirus cases, hospitalizations and fatalities. The state became one of the nation's hot spots as Texas politicians debated masks and other measures.

The pandemic and the intensive oil and gas production that Trump encouraged have contributed to a stark drop in global energy demand and to market oversupply, driving down oil and gas prices and hitting the industry and economy.

Trump’s government has exerted itself for the oil and gas industry at least as hard it has any other sector. That includes rolling back environmental and public health protections while promoting a technology-driven surge in U.S. oil and gas production — begun under President Barack Obama — as part of what Trump describes as an American march to global energy dominance.

His administration has moved to open up vast wilderness areas to oil and gas interests over the objections of environmental groups. Trump also has sought to override various regional objections to oil and gas pipelines with executive...

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