Oil Moguls Emerge as Key Cash Source for Trump as Race Nears End
- Trump helped broker plan to cut oil production, boost prices
- Petroleum chiefs’ support increasingly important to campaign
An oilfield worker in downtown Midland, Texas.
Photographer: Jordan Vonderhaar/Bloomberg
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Oil executives have emerged as an increasingly important source of funding for Donald Trump, as industry titans open their wallets to bolster the Republican nominee’s campaign for a second term in the White House.
The billionaires backing Trump include Kelcy Warren, chief executive officer of pipeline operator Energy Transfer LP; Harold Hamm, the founder of Continental Resources Inc.; and Jeff Hildebrand, CEO of Hilcorp Energy Co.