Kathryn Burgum claps as her husband Republican Governor of North Dakota Doug Burgum shakes hands with former US President and 2024 presidential candidate Donald Trump during the Caucus Night watch party in Las Vegas, Nevada, on Nov. 8 February 2024.
Patrick T. Fallon | AFP | beautiful images
Governor of North Dakota Doug Burgum – One potential options be a former president Donald Trumphis running mate – is denying claims that the former president told oil executives he would ease regulations if elected in exchange for helping him raise money for his comeback The White House.
According to the Washington Post, Trump told some of the country’s top oil executives meeting with them earlier this year at his Mar-a-Lago club in Palm Beach, Florida, that he would reverse dozens of environmental rules and policies the Biden administration had put in place and prevent the implementation of new rules and policies. That is, if they raise $1 billion to re-elect him.
That donation, he said, would make it a “deal” because they would avoid taxes and regulations for him. Trump also reportedly told executives he would auction off more oil rig leases in the Gulf of Mexico.
“I was at that meeting — that didn’t happen,” Burgum said on CBS’s “Face the Nation” on Sunday. “He didn’t ask for billions of dollars in donations and there was no quid pro quo.”
Burgum also denied that Trump targeted the oil industry to fund his re-election bid, saying “he’s not targeting anyone” and is “doing what candidates do” by way to go and listen to an industry that is “fundamental to the entire economy.”
In January, Burgum endorsed Trump for president. He ended his bid became the Republican nominee a month early in December 2023 after launching his campaign that June and has since become an adviser to Trump on energy policy.
Burgum family leased 200 acres of agricultural land in Williams County, North Dakota, to Continental Resources – the largest oil and gas leasing company in that state – to pump oil and gas.
While his financial disclosure revealed that he has earned up to $50,000 in royalties since the end of 2022 from the deal with Continental, experts told CNBC that he and his family business may have earned thousands of dollars more since they signed with the company in 2009.
When asked whether his association with the energy industry was alienating young voters who say climate and environmental policy is important to them, Burgum was “absolutely not interested in that,” he said.
Burgum, also a software entrepreneur, announced earlier this year that he would not run for a third term as governor. His second term will end on December 14.
