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Monday, August 29, 2016

Harold Hamm Warns Hillary Clinton Would Kill the Oil and Gas Industry as President

From NGI:
Continental Resources Inc. founder Harold Hamm, an unabashed supporter of GOP presidential nominee Donald Trump, on Tuesday warned a Denver audience in a provocative speech that Democrat Hillary Clinton, if elected in November, would doom the U.S. oil and natural gas industry. 
Hamm, who was Mitt Romney's energy adviser in his failed presidential bid in 2012, was named to Trump's economic advisory panel earlier this month (see Shale Daily, Aug. 5). Trump last month surprisingly embraced local control over fracturing (fracking) in horizontal drilling during an exchange with a television reporter -- even though his energy agenda calls for more U.S. production. The hot button issue, which could be on the ballot in Colorado in November, is roundly opposed by the oil and gas industry (see Shale Daily, Aug. 23). 
"I'm in favor of fracking, but I think that voters should have a big say in it," Trump said in July. "I mean, there's some areas, maybe, that don't want to have fracking, and I think if the voters are voting for it that's up to them." 
In his luncheon keynote to the COGA audience, Hamm interpreted Trump's remarks and said the billionaire businessman would not support local control measures to restrict development. 
"That kind of sounds Republican, local control," Hamm said of Trump's remarks. "Let me tell you, Donald Trump is pro-business. He is pro-energy, and he is not going to shut down fracking or drilling or anything else."
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