When President Donald Trump took office in January, one of his first acts was to sign an executive order that would speed up the approval of several pipelines. We wondered why this was such a priority. Today, we got a clue.
Contribution records from Trump’s inaugural committee, were released Wednesday by the Federal Election Commission. Energy companies and their executives donated at least $7 million to President Trump’s inauguration committee. Some examples are:
Hess Corp. CEO John Hess, massive chemical manufacturer Dow Chemical Corp. and Nebraska-based ethanol producer Green Plains Renewable Energy were among the biggest donors to the inauguration, each giving $1 million.
Chevron Corp. donated $525,000, while Exxon Mobil Corp., BP and Citgo each contributed $500,000.
Murray Energy Corp., a major coal mining company donated $300,000.
Fuel refiner Valero Energy Corp., natural gas exporter Cheniere Energy Inc., oil and gas drillers Anadarko Petroleum Corp. and Continental Resources Inc. each donated $100,000.
Kelcy Warren, the CEO of Dakota Access oil pipeline developer Energy Transfer Partners, contributed $250,000.
Other big energy companies that chipped in include Southern Co., White Stallion Energy, NextEra Energy Inc. and Clean Energy California.
Asked whether the president feels conflicted about his committee accepting so much corporate and wealthy donor money, spokesman Sean Spicer said Wednesday that financing the inaugural is “a time-honored tradition” and there are “a lot of people who really take pride in helping us show the world a peaceful transformation of power.”