Energy Industry Jilts Trump With Curb on Campaign Donations
- Slimmer wallets, crude price drops and distrust among reasons
- Some in industry say relationship with Trump is improving
Energy companies and their employees are donating far less to Donald Trump’s re-election campaign than they did to his first run.
Photographer: Yuri Gripas/Abaca Press/Bloomberg
This article is for subscribers only.
The oil and gas industry, long one of the most reliable sources of campaign cash for Republican candidates at all levels, is turning a cold shoulder to President Donald Trump.
Reeling from the worst oil-price crash on record and wary of Trump at the best of times, energy companies and their employees are donating far less to his re-election campaign than they did to his first run, and also much less than they’ve showered on Republican presidential candidates in the past.