Daily Traders Edge

Oil industry bet big on Jeb Bush for president, Reuters review shows. Now what?

February 19
17:39 2016

U.S. oil and gas executives bet big on 2016 Republican presidential candidate Jeb Bush – they donated more to his White House run than to all of his rivals combined, according to a Reuters review of campaign disclosures. Now Bush faces what party strategists and donors view as a make or break moment on Saturday in South Carolina's Republican primary, or early nominating contest. The main beneficiaries in the Republican race would likely be Ted Cruz, a U.S. Senator from Texas, and Marco Rubio, a U.S. Senator from Florida.

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