President Donald Trump's loyalty to the fossil fuel sector has been unremitting throughout his term, with government watchdog Public Citizen reporting Wednesday that nearly two-thirds of high-level meetings at the Interior Department since Trump took office have been attended by oil, gas, and coal companies and lobbyists.
In the group's new report, "Fossil Filled," Public Citizen revealed that out of 679 meetings between non-governmental groups and Interior Secretary David Bernhardt, his predecessor, Ryan Zinke, and five top aides in the first two years of Trump's term, 443 were attended by players in the fossil fuel sector.
As the Interior Department grants requests for relief from royalties for oil, gas drilling, my @public_citizen analysis finds 65% of top Interior Department meetings included energy groups, lobbyists https://t.co/YoTqozvj34 pic.twitter.com/ErAQ3g8wKa
— Alan Zibel (@AlanZibel) May 20, 2020
The report comes as the industry is working to secure benefits from the coronavirus economic relief packages passed in Congress, even as Wall Street analysts and renewable energy advocates alike warn that fossil fuels are in "the death knell phase."
"With energy corporations mounting an intense lobbying campaign to receive emergency bailouts from the government, it is important to know who has the ear of the Trump administration," said Alan Zibel, research director of Public Citizen's Corporate Presidency Project and author of the report.
Oil and gas companies met with Bernhardt and his senior staffers 225 times, or at 33% of the meetings.
During the same period, the Interior Department—which is tasked with conserving the nation's natural resources—met with conservation groups only 9% of the time and with renewable energy groups just 3% of the time.
The lobbying firm which formerly employed Bernhardt—who carried an index card with a list of all his energy conflicts of interest when he began working at the Interior Department—met with officials 13 times, more than any other lobbying firm.
Now, the companies and representatives who held the Trump administration's attention for more than two years before the pandemic began stand to benefit from economic relief, even as 75% of Americans say the government should prioritize giving financial aid to the renewable energy sector instead.
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"In an effort to stabilize its finances, the oil industry and congressional oil state allies have been desperately pushing for federal assistance, including relief from the 12.5% federal royalty payment, which is already lower than typical royalties for land owned by states," Public Citizen reported. "The Trump administration, which has been eager to do favors for friends in the oil and gas industry, has moved to speed up requests for relief on royalty payments."
Trump has said he opposes blanket relief for the industry, but after meeting with Bernhardt in April, Sen. Bill Cassidy (R-La.) said the secretary had "promised to quickly process targeted royalty relief."
Such relief is likely to cut down on funds available for public services and be aimed at helping fossil fuel executives and shareholders rather than rank-and-file workers in the industry, the group said.
"Though laid-off oil workers may indeed need government help, there is no doubt that the Trump administration's sympathies lie with the executives who call Trump a personal friend," Zibel wrote.
In addition to royalties relief, the fossil fuel industry now stands to gain massive tax refunds thanks to the $2 trillion CARES Act that was signed into law in March.
"Tucked into the bill was a massive tax benefits for corporate America, letting all businesses use losses to offset profits for the past five years," the report said. "This tax benefit, while available to all businesses, is especially helpful for industries such as oil that rack up significant losses in bad years."
After aggressive lobbying from the energy industry and the White House, the Federal Reserve opened a lending program to oil and gas companies, and the administration is also reportedly considering bridge loans for the oil industry.
While Trump personally intervened in international oil markets last month to stabilize oil prices—which plunged to below $0 per barrel—the administration has slapped penalties on the steadily-growing renewable energy sector, ending a rent holiday and demanding $50 million in back payments from solar and wind companies this week.
"Under Bernhardt, the Trump administration has been able to exert influence at the highest levels and has consistently favored industry over conservation groups," said Zibel.