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Harold Hamm

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energy2 years ago

"Billionaire Harold Hamm Exposes Biden's Energy Hostage Crisis"

Oil billionaire Harold Hamm hosted the first-ever American Energy Security Summit, where speakers criticized President Joe Biden's energy policies. Nikki Haley, who has received financial support from Hamm, accused Biden of demonizing American energy companies and promised to cut federal gasoline and diesel taxes if elected president. Other speakers, including CEOs of major oil companies, emphasized the importance of traditional energy and argued that a low-carbon transition cannot happen without their industry. Hamm believes that Biden's energy policies are holding American energy hostage and criticized the administration's use of the Strategic Petroleum Reserve. He also highlighted the role of fracking in making the United States the world's largest oil producer and advocated for the continued use of fossil fuels alongside carbon capture and sequestration technologies.