President Donald Trump’s visit to a U.S. fracking hub on the West Texas plains comes during the state’s fierce coronavirus outbreak and a global oil and gas glut that is putting the squeeze on his loyal donors in the petroleum industry. Trump is combining some fundraising Wednesday with his first trip to an oil and gas rig and to his first visit as president to the Permian Basin. “The amount of money might be slightly off because the markets are down and they’re suffering a bit,” said Bill Miller, a prominent lobbyist and consultant in Austin.
President Donald Trump’s visit to a U.S. fracking hub on the West Texas plains comes during the state’s fierce coronavirus outbreak and a global oil and gas glut that is putting the squeeze on his loyal donors in the petroleum industry. Trump is combining some fundraising Wednesday with his first trip to an oil and gas rig and to his first visit as president to the Permian Basin. “The amount of money might be slightly off because the markets are down and they’re suffering a bit,” said Bill Miller, a prominent lobbyist and consultant in Austin.