Wednesday, May 23, 2012

Oil Billionaire Harold Hamm chairs Romney energy advisers.



Harold Hamm an Oklahoma oil billionaire became one of Romney's top energy advisers in March. A few weeks later he also gave985,000 dollars to the Restore Our Future Super PAC a pro Romney PAC.

Continental Resources, Hamm's company has oil fields in North Dakota and Montana. On his website Hamm complains that the Obama administration has done everything in its power to stop fossil fuel usage. I doubt that many environmentalists would agree with that assessment!

Although PACs are by law supposed to be independent the contributions do not contravene the law even though the optics may not be good! The overlaps between campaigns and PACs is bipartisan it would seem.

The pro-Obama Priorities USA Action Super PAC was co-founded by Bill Burton a former Obama press official. Romney's 2008 national political director Carl Fort co-founded Restore Our Future.

Hamm has been named chair of Romney's Energy Policy Advisory Group. Hamm debunks Obama's emphasis on "green" energy. Hamm is an avid supporter of the oil industry and an advocate of less regulation. He also promotes a quick building of the Keystone XL Pipe line project and is critical of Obama's subsidies to green energy projects. For much more see this article.

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