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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: