Promising pipelines and fracking, Trump rakes in millions at Texas fundraisers

In this photo taken on April 10, 2019, then US President Donald Trump arrives to deliver remarks and sign an executive order on energy and infrastructure at the International Union of Operating Engineers International Training and Education Center in Crosby, Texas. (REUTERS/File Photo)
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Updated 24 May 2024
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Promising pipelines and fracking, Trump rakes in millions at Texas fundraisers

  • While the oil and gas industry has boomed under Biden despite increased regulation, they are pushing back against Biden’s ban on fracking on federal land a recent halt in approving new gas export facilities

HOUSTON: Republican presidential candidate Donald Trump raised tens of millions of dollars during a fundraising swing through Texas this week, promising he would support the oil and gas industry by backing new pipelines and restoring fracking on federal land.

Trump has courted support from the energy industry with a pro-fossil fuel and anti-regulation agenda and regularly criticizes President Joe Biden’s policies to accelerate the energy transition toward a low-carbon economy.
The oil and gas industry has boomed under Biden despite increased regulation and the more climate-focused administration, making record profits and pumping more oil and gas than ever before. The industry has pushed back against Biden’s ban on fracking on federal land a recent halt in approving new gas export facilities.
A Houston fundraiser on Wednesday was hosted by oil billionaires Jeff Hildebrand, founder of Hilcorp Energy, the largest closely held US oil firm; George Bishop, founder of GeoSouthern Energy; Harold Hamm, founder of Continental Resources; and Kelcy Warren, head of pipeline firm Energy Transfer Partners.
Trump drew standing ovations when he promised to get more natural gas pipelines built if elected and to restore fracking to areas barred under Biden, said Mark Carr, a Houston entrepreneur who was in attendance. Many oil and gas pipelines were delayed or abandoned under both Trump and Biden’s administrations due to community opposition, legal challenges and lengthy permitting processes.
“He’s going to get energy going again in the United States,” said Carr, who founded the Houston-area Christian Brothers Automotive chain.
Trump said America needs to quit taking Venezuelan “tar” oil and instead use American oil, said another attendee, who declined to be named. The United States has resumed limited imports of Venezuelan crude under Biden for processing at US refineries.
Trump has emphasized tax cuts for the industry, “streamlining” the permitting process, and removing certain regulations, said donor and oil executive Dan Eberhart, who was in Houston for the event. “We can drill our way to energy security and low gas prices,” said Eberhart.
The Houston fundraiser was held by the Trump 47 Committee, a fundraising tie-up between the Trump campaign, the Republican National Committee, a fundraising group that has spent tens of millions of dollars on Trump’s legal fees, and a raft of Republican state parties. The Houston luncheon and a smaller, more intimate roundtable with a group of about 45 executives was followed by a fundraising event in Dallas on Wednesday night.
A Trump campaign official said the Texas swing brought in at least $15 million. Two sources told Reuters the various Texas events took in a total of around $40 million. Reuters was not immediately able to confirm that number.
After a raft of high-dollar donor events across the country, Trump overtook Biden in fundraising last month for the first time.
Meanwhile, the US Senate finance and budget committees on Thursday launched an investigation into Trump’s reported offer to roll back a slew of environmental regulations in exchange for $1 billion in campaign contributions.
The investigation came a week after the top Democratic lawmaker on a US House oversight panel sought information from nine oil companies about reports about “quid pro quo propositions” made by the former president at a campaign event this spring at his Mar-a-Lago resort in Florida.
The Texas events were pricy affairs: Host committee members were asked to pay $250,000 per couple and agree to raise another $500,000, according to the invitations. The chair was asked to donate about $845,000 per couple and raise another $1.69 million.
An after-luncheon roundtable drew Occidental Petroleum CEO Vicki Hollub and Houston entertainment and sports magnate Tillman Fertitta, who owns the hotel where the event was held. They were offered a question-and-answer period with the candidate.
Also in attendance in Houston was North Dakota Governor Doug Burgum, a former Trump rival for the Republican nomination and now a possible running mate, according to another attendee.
Teofilo Lingi, chief operating officer of EK-Petrol, said the former president was “good for the oil industry” and relations with Angola, where his trading and oil exploration company was founded.
Stricter environmental regulations since Trump’s term in office have “made it more difficult for us to import from Angola,” Lingi said, citing customs duties.


How decades of deforestation led to catastrophic Sumatra floods

Updated 10 December 2025
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How decades of deforestation led to catastrophic Sumatra floods

  • At least 1.4m hectares of forest in flood-affected provinces were lost to deforestation since 2016
  • Indonesian officials vow to review permits, investigate companies suspected of worsening the disasters

JAKARTA: About a week after floods and landslides devastated three provinces in Indonesia’s Sumatra island, Rubama witnessed firsthand how the deluge left not only debris and rubble but also log after log of timber.

They were the first thing that she saw when she arrived in the Beutong Ateuh Banggalang district of Aceh, where at least two villages were wiped out by floodwaters.

“We saw these neatly cut logs moving down the river. Some were uprooted from the ground, but there are logs cut into specific sizes. This shows that the disaster in Aceh, in Sumatra, it’s all linked to illegal forestry practices,” Rubama, empowerment manager at Aceh-based environmental organization HAKA, told Arab News.

Monsoon rains exacerbated by a rare tropical storm caused flash floods and triggered landslides across Aceh, North Sumatra, and West Sumatra in late November, killing 969 people and injuring more than 5,000 as of Wednesday, as search efforts continue for 252 others who remain missing.

In the worst-hit areas, residents were cut off from power and communication for days, as floodwater destroyed bridges and torrents of mud from landslides blocked roads, hampering rescue efforts and aid delivery to isolated villages.

When access to the affected regions gradually improved and the scale of the disaster became clearer, clips of washed-up trunks and piles of timber crashing into residential areas circulated widely online, showing how the catastrophic nature of the storm was compounded by deforestation.

“This is real, we’re seeing the evidence today of what happens when a disaster strikes, how deforestation plays a major role in the aftermath,” Rubama said.

For decades, vast sections of Sumatra’s natural forest have been razed and converted for mining, palm oil plantations and pulpwood farms.

Around 1.4 million hectares of forest in Aceh, North Sumatra and West Sumatra were lost to deforestation between 2016 and 2025 alone, according to Indonesian environmental group WALHI, citing operations by 631 permit-holding companies.

Deforestation in Sumatra stripped away natural defenses that once absorbed rainfall and stabilized soil, making the island more vulnerable to extreme weather, said Riandra Purba, executive director of WALHI’s chapter in North Sumatra.

Purba said the Sumatra floods should serve as a “serious warning” for the government to issue permits more carefully.

“Balancing natural resource management requires a sustainable approach. We must not sacrifice natural benefits for the financial benefit of a select few,” he told Arab News.

“(The government) must evaluate all the environmental policies in the region … (and) implement strict monitoring, including law enforcement that will create a deterrent effect to those who violate existing laws.”

In Batang Toru, one of the worst-hit areas in North Sumatra where seven companies operate, hundreds of hectares had been cleared for gold mining and energy projects, leaving slopes exposed and riverbeds choked with sediment.

When torrential rains hit last month, rivers in the area were swollen with runoff and timber, while villages were buried or swept away.

As public outrage grew in the wake of the Sumatra floods, Indonesian officials, including Environment Minister Hanif Faisol Nurofiq, have moved to review existing permits and investigate companies suspected of worsening the disaster. 

“Our focus is to ensure whether company activities are influencing land stability and (increasing) risks of landslides or floods,” Nurofiq told Indonesian magazine Tempo on Saturday.

Sumatra’s natural forest cover stood at about 11.6 million hectares as of 2023, or about 24 percent of the island’s total area, falling short of the 30 to 33 percent forest coverage needed to maintain ecological balance.

The deadly floods and landslides in Sumatra also highlighted the urgency of disaster mitigation in Indonesia, especially amid the global climate crisis, said Kiki Taufik, forest campaigner at Greenpeace Indonesia. 

Over two weeks since floods and landslides inundated communities in Sumatra, a few villages remain isolated and over 800,000 people are still displaced. 

“This tropical cyclone, Senyar, in theory, experts said that it has a very low probability of forming near the equator, but what we have seen is that it happened, and this is caused by rapid global warming … which is triggering hydrometeorological disasters,” Taufik told Arab News.

“The government needs to give more attention, and even more budget allocation, to mitigate disaster risks … Prevention is much more important than (disaster) management, so this must be a priority for the government.”