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AriesWarlock

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    The MEGASHOCK Saloon Thread 3: Chinder Chagger Edition

    in General Discussion

    Posted

     

    Trump ‘Stunned’ Oil Execs Demanding They Raise $1 Billion for His Campaign, Promising ‘Deal’ of Lower Taxes, Regulations: Report

     

     

    Former President Donald Trump made a “remarkably blunt and transactional pitch” to oil company executives at a meeting at Mar-a-Lago last month, demanding they raise $1 billion for his re-election campaign in exchange for a “deal” that they would benefit from the tax cuts and regulatory rollbacks he would support in his second term, reported The Washington Post.

     

    The Mar-a-Lago dinner in April had “roughly two dozen executives” among the attendees, reported the Post, including “Mike Sabel, the CEO and founder of Venture Global, and Jack Fusco, the CEO of Cheniere Energy,” and executives from “Chevron, Continental Resources, Exxon and Occidental Petroleum.”

     

    One of these oil bigwigs complained about the burden of environmental regulations imposed by the Biden administration on their industry, despite spending hundreds of millions of dollars on lobbyists, according to the Post, and then Trump offered a reply that “stunned” the attendees:

    Quote

     

    Trump’s response stunned several of the executives in the room overlooking the ocean: You all are wealthy enough, he said, that you should raise $1 billion to return me to the White House. At the dinner, he vowed to immediately reverse dozens of President Biden’s environmental rules and policies and stop new ones from being enacted, according to people with knowledge of the meeting, who spoke on the condition of anonymity to describe a private conversation.

    Giving $1 billion would be a “deal,” Trump said, because of the taxation and regulation they would avoid thanks to him, according to the people.

     

     

    The Post article goes on to spell out the differences between Biden and Trump’s approach to environmental and energy industry regulation, and notes that “[d]espite the oil industry’s complaints about Biden’s policies, the United States is now producing more oil than any country ever has, pumping nearly 13 million barrels per day on average last year,” with America’s two biggest energy companies, ExxonMobil and Chevron, raking in their largest annual profits in a decade in 2023.

     

    However, what Trump is promising is “an even greater windfall” for these companies, with their coffers to be bolstered by new offshore drilling permits, speedier review of permit applications, and relaxation or elimination of Biden-era regulations.

    Video Game Discussion Thread vol. 2

    in General Discussion

    Posted · Edited by AriesWarlock

    4 minutes ago, Sonichuman said:

    I need the next console to not be called the Snitch lol.  I know thats not actually what the new console will be named but after the explanation for Wii U its not outside of the realm of possibility.

    How about... U Switch!

     

     

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