Sunday, April 24, 2016

US ELECTION 2016_ US elections 2016: Oil baron Harold Hamm endorses Donald Trump for president

The Sydney Morning Herald

US elections 2016: Oil baron Harold Hamm endorses Donald Trump for president


Date April 23, 2016
Ernest Scheyder



Republican presidential candidate Donald Trump on his mobile phone during a lunch stop in South Carolina. He's been picked by an oil baron as a "business leader's candidate". Photo: AP

Houston: Harold Hamm, chief executive of shale oil producer Continental Resources and Mitt Romney's 2012 energy adviser, has endorsed US presidential candidate Donald Trump, saying he has the "fortitude to make tough decisions".

Mr Hamm, who had previously donated to Senator Marco Rubio's presidential campaign, called the real estate mogul a "business leader's candidate" who has the will to right what he called a series of mistakes from politicians in Washington, including "burdensome government regulations".

"The next president of the United States must have the courage, determination and intelligence to disrupt politics as usual," Mr Hamm wrote in a public letter.

Photo: Mike Landis of Perry County, Pennsylvania, looks for a seat at a rally for Republican presidential candidate Donald Trump on Thursday. Photo: AP

"Such an honour to get the endorsement of Harold Hamm, one of the great men in the history of the oil and energy business," Mr Trump said in a statement.

Known for his outspoken views on US energy policy and other matters, Mr Hamm once referred to OPEC leader Saudi Arabia as a "toothless tiger" in the face of growing US oil output.

OPEC and Saudi Arabia eventually proved Mr Hamm wrong by using its influence to keep prices low for more than 18 months, exerting sharp pain on American oil producers.

American entrepreneur and oil baron Harold Hamm. American entrepreneur and oil baron Harold Hamm. Photo: David Shankbone/Commons Mr Hamm's endorsement followed President Barack Obama's meeting with Saudi Arabia's King Salman in Riyadh this week.

By endorsing Mr Trump, Mr Hamm has parted ways with former Massachusetts Governor Romney, the 2012 Republican candidate for the White House, who has vigorously opposed Mr Trump's candidacy.

Photo: American entrepreneur and oil baron Harold Hamm. Photo: David Shankbone/Commons

Reuters 


Read more: http://www.smh.com.au/world/us-election/us-elections-2016-oil-baron-harold-hamm-endorses-donald-trump-for-president-20160422-goddh8.html#ixzz46l8QfYUb

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