President Donald Trump’s “swamp” is particularly rich in fossil fuels.
Oil, gas and coal interests together poured millions of dollars into Trump’s inaugural fund and re-energized their federal government lobbying efforts during the year’s first three months, according to a Center for Public Integrity analysis of federal disclosures.
It’s a two-pronged strategy that’s apparently paying dividends: The new administration has spent its early days ticking items off the industry wish list.
In all, oil, gas and coal companies and executives contributed more than $1 out of every $10 raised for Trump’s inauguration, for which he raised nearly $107 million overall. That’s significantly more than the $1 the sector contributed for every $34 President Barack Obama raised overall for his second inauguration, per an analysis from the Center for Responsive Politics.
Meanwhile, the oil and gas industry spent $36.1 million on federal lobbying efforts from Jan. 1 through March 31. That’s an 11 percent increase over the same period last year, Center for Responsive Politics data shows.
Corporations buying influence muscle during the early days of a new presidential administration is hardly a new tactic. For example, ExxonMobil — No. 2 on the Fortune 500 list — increased its lobbying expenditures during the months immediately following Obama’s 2009 and 2013 inaugurations, federal records show.