Harold Hamm This Election is Oil Industry's Most Important Ever

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Harold Hamm Nouvelles

Donald Trump,Oil Industry,Political Donations

Billionaire oil magnate Harold Hamm is mobilizing industry executives to back Donald Trump's reelection bid, driven by hopes of favorable regulatory changes under a potential second Trump term.

Harold Hamm, the founder of Continental Holdings, is rallying Big Oil executives to support former President Donald Trump's reelection bid, according to a report from The Washington Post. Hamm, a notable billionaire in the energy sector, has stressed the importance of this election to his oil peers, urging them to contribute to Trump's campaign in hopes of receiving regulatory benefits should Trump return to the White House.

This, despite some arguing that former President Trump is no friend of the oil industry, pointing to the fact that he has boasted about the lower gasoline prices during his term while criticizing the current Biden/Harris Administration for the current high price at the pump and the resulting burden on U.S. consumers.

 

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