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this post was submitted on 23 May 2024
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politics
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This is the best summary I could come up with:
Over a chopped steak dinner, Mr. Trump told about 20 oil and gas executives that they would save far more than $1 billion in avoided taxes and legal fees after he repealed environmental regulations, according to several people who were present and who requested anonymity to discuss a private event.
On Wednesday Mr. Trump headlined a fund-raiser for MAGA Inc., a super PAC, that was hosted by three oil executives at a five-star hotel in Houston.
One host was Kelcy Warren, a billionaire who owns a pipeline empire with an ambitious international expansion plan that depends on new export terminals.
Andrea Woods, a spokeswoman for the American Petroleum Institute said in a statement “This is yet another election-year stunt to distract from America’s need for more energy, including more oil and natural gas, to power our economy and combat persistent inflation.”
At the Mar-a-Lago dinner, Mr. Trump promised to immediately end the Biden administration’s pause on permits for new facilities that export liquefied natural gas, according to people who attended the meeting.
Representative Jamie Raskin of Maryland, the top Democrat on the House Oversight Committee, is seeking similar information from the companies.
The original article contains 751 words, the summary contains 192 words. Saved 74%. I'm a bot and I'm open source!