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Dr. Oz sides with energy after he received donations from heads of


Dr. Mehmet Oz has championed the oil and gas industry as he vies to win a coveted Senate seat in Pennsylvania.

The former TV personality’s vocal support for the energy business follows years of industry donations to his nonprofit and then his campaign, according to financial records reviewed by CNBC. Oz also has a personal stake in oil and gas through investments in two major energy companies, according to his financial disclosures.

Pennsylvania’s next senator will be a key vote for the energy industry, as it has a major presence in the Keystone State. Pennsylvania is the nation’s second-largest natural gas producer after Texas and the third-largest coal producer, according to the U.S. Energy Information Administration.

Oz backed the energy industry this year as Americans felt the strain from spiking gas prices. In a recent interview, he ripped President Joe Biden after he called on companies that run gas stations to bring down prices at the pump.

“Now, they’re blaming the energy companies for the gas prices. And I’m thinking, like most Americans, what are you talking about? I mean, you did things that make it, make it impossible for these companies to exist,” Oz said in a July interview with Fox News host Sean Hannity. He called Biden’s comments “class warfare.”

As Oz champions oil and gas in his bid to represent Pennsylvania in the Senate, both his campaign and personal coffers have benefited from the industry and its executives.

Oz, a veteran physician and television host, is running against Democrat John Fetterman for a Senate seat being vacated by Republican Sen. Pat Toomey. Oz is trailing Fetterman by just under 8 percentage points in an average of recent polls, according to RealClearPolitics. Fetterman’s campaign has raised over $25 million, while Oz and his team have brought in just over $18 million, according to data from the nonpartisan OpenSecrets.

Oz and his wife, Lisa, have a financial stake in the industry he has championed, as they own shares of oil and gas giants ConocoPhillips and Pioneer Natural Resources, according to their financial disclosure report. The filing shows that the couple owns shares of ConocoPhillips valued between $15,001 and $50,000. They also own stock in Pioneer valued between $1,001 and $15,000.

Oz’s connections to the industry formed before he pursued politics.

Oz’s nonprofit HealthCorps, which promotes itself as a group aiming to help teens with their health and wellness, has seen at least $210,000 in contributions from gas and oil producer Continental Resources since 2016, according to the group’s annual financial reports. Continental Resources’ support has continued into Oz’s Senate bid — the company’s founder and chairman Harold Hamm endorsed Oz for Senate in an April campaign video.

The backing from energy industry leaders has led to contributions to Oz’s campaign.

Hamm is among a group of over a dozen oil and gas industry leaders who have combined to contribute over $200,000 to Oz’s campaign since he



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