>>> LAST MONTH, DONALD TRUMP SUMMONED A WHO'S WHO OF LOBBYISTS AND EXECUTIVES IN THE INDUSTRY TO THE BRIBERY PALACE, MAR-A-LAGO. AND SOLICITED $1 BILLION FROM FOSSIL FUEL COMPANIES TO GET HIM ELECTED AS MULTIPLE OUTLETS REPORTED. IN EXCHANGE, HE VOWED TO IMMEDIATELY REVERSE DOZENS OF PRESIDENT BIDEN'S ENVIRONMENTAL RULES AND POLICIES AND STOP NEW ONES. THE NEW YORK TIMES SAID TRUMP TOLD THEM THEY SHOULD DONATE $1 BILLION TO THE CAMPAIGN BECAUSE IF ELECTED, HE WOULD ROLL BACK RULES THAT HE SAID HAMPER THE INDUSTRY. THEY TOLD ABOUT THE AMOUNT OF MONEY TO SAVE, TAXES AND LEGAL EXPENSES. THEY WOULD MORE THAN COVER ONE BILLION-DOLLAR CONTRIBUTION. IT WOULD NOT BE PROSECUTABLE UNDER CURRENT LAW. TICKLY THE WAY THE COURT DEFINED BRIBERY AS A CRIME. IT IS SAFE QUID PRO QUO. >> AND MANAGED TO IS DONE EVEN A BUNCH OF OIL EXECUTIVES. >> LISA FRIEDMAN IS THE AUTHOR OF THE ARTICLE FOR THE TIMES WERE SHE COVERS CLIMATE POLICY. >> IS UNDER THIS EVENT HAPPENED. WHAT THEY WERE TOLD. >> LAST MONTH, A NUMBER OF EXECUTIVES AND LOBBYISTS FOR OIL AND GAS COMPANIES ARRIVED AT MAR-A-LAGO FOR WHAT WAS DESCRIBED AS AN ENERGY ROUNDTABLE. >> THEY DINED ON STEAK AND DONALD TRUMP PROMISED TO UNRAVEL PRESIDENT BIDEN'S AGENDA. TOP ON THE LIST WERE TOLD REGULATIONS THAT WERE PUT IN PLACE RECENTLY, ENCOURAGING ELECTRIC VEHICLE DEPLOYMENT, WIND ENERGY WAS A TARGET AND A TEMPORARY BAN THAT THE ADMINISTRATION IMPOSED ON PERMITTING NEW LIQUEFIED NATURAL GAS TERMINALS. THE FORMER PRESIDENT THEN TOLD THE CROWD, THEY SHOULD WANT TO RAISE $1 BILLION. THIS WAS GOING TO HELP THE INDUSTRY IN THE MONEY THAT THEY WOULD SAVE IN TAXES AND LEGAL FEES. FIGHTING REGULATIONS. IT WOULD BE THE WORST. >> THERE ARE TWO PIECES OF CONTEXT. BEFORE CITIZENS UNITED, THIS WOULDN'T EVEN BE A PLAUSIBLE ASK. IF YOU'RE TRYING TO RAISE $1 BILLION IN HARD MONEY, CAMPAIGN LIMITED $2600 BITE IT'S NOT GOING TO HAPPEN. IT IS IN THE ENVIRONMENT NOW WHERE THE ASK IF AUDACIOUS IS PLAUSIBLE IN THE SENSE THAT THE PETROLEUM INSTITUTE COULD GET $1 BILLION CHANNELED INTO SOMETHING. >> I WOULD NOTE THE WAY IT WAS RELAYED TO US WAS LESS OF A YOU DO THIS FOR ME AND I WILL DO IT FOR YOU AND MORE OF A YOU IN THE ROOM SHOULD WANT TO RAISE $1 BILLION FOR THE CAMPAIGN. TRUMP WILL BE READY ON DAY 1 TO UNRAVEL THE REGULATIONS AND POLICIES HURTING BUSINESS. >> ONE OF THE OTHER BITS OF CONTEXT, THE PEOPLE ARE OPPOSED TO THE CLIMATE AGENDA. ALSO OPPOSED TO REGULATORY STANCES. A PAUSE ON PERMITS -- TAKING ALASKA OFF-LINE AND ET CETERA. >> IF I AM NOT MISTAKEN, WE ARE PUMPING MORE OIL AND GAS THAN ANY COUNTRY IN HISTORY EVER. THEY ARE MAKING RECORD PROFITS. >> IT IS IN CONGRESS, IS AND IT'S? >> THE BIDEN ADMINISTRATION IS OVERSEEING RECORD OIL AND GAS PRODUCTION. HE IS GETTING NO CREDIT FROM THE INDUSTRY. THE ADMINISTRATION ALSO HAS BEEN PRETTY QUIET ABOUT THAT FACT. THEY ARE NOT EAGER TO TELL THAT. THEY ARE VERY WORRIED THAT ENVIRONMENTAL GROUPS, ESPECIALLY YOUNG PEOPLE, REMAIN CONCERNED ABOUT A NUMBER OF GREEN LIGHTS THE ADMINISTRATION OFFERED LAST YEAR. THE MAJOR OIL DEVELOPMENT IN ALASKA. THERE IS A LOT OF LINGERING ANGER, ESPECIALLY WITH YOUNG PEOPLE. WE ARE FINDING THE ADMINISTRATION IS NOT OR ISN'T OUT THERE TELLING PEOPLE THEY ARE DOING A LOT OF DEVELOPMENTS. >> THEY PROBABLY KNOW THEY ARE PUMPING MORE OIL AND GAS AND DOING PRETTY WELL. THEY ARE STILL VERY ANGRY AT HIM FROM PEOPLE I TALKED TO INSIDE THE ENERGY WORLD. >> I TALKED WITH EXECUTIVES WHO ARE IN FAVOR OF THE INFLATION REDUCTION ACT. THE LANDMARK CLIMATE LAW THAT HAS PUMPED $370 BILLION INTO RENEWABLE ENERGY AND CARBON CAPTURE AND STORAGE. SOMETHING THE INDUSTRY IS EAGER FOR. ALSO DIRECT AIR CAPTURE AND HYDROGEN. WHEN PRESIDENT BIDEN MADE THE DECISION TO PAUSE LNG EXPORTS IT TOUCHED A NERVE WITHIN THE OIL AND GAS COMMUNITY THAT WAS ALREADY ANGRY AND FRUSTRATED OVER DECISIONS LIKE CURTAILING DRILLING IN THE GULF OF MEXICO AND OTHER PLACES. THIS REALLY STRUCK A NERVE. CERTAINLY NO CREDIT GIVEN TO THE ADMINISTRATION FOR THE OUTPUT. THE ARGUMENT FROM THE INDUSTRY IS IT IS BECAUSE OF POLICIES THAT PRECEDED THE ADMINISTRATION. >> THEY ARE GENTLE SOULS. THEY GET UPSET WHEN THINGS
