As If There Was Ever Any Doubt.
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[TD]Billionaire oil driller Harold Hamm is serving as an advisor to the Romney campaign and believes that America can drill its way out of its energy problems. (Photo: WaPo)
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While the election isn’t until November, it’s clear that Mitt Romney has won over the oil and gas industry.
Days removed from Romney fundraisers attended by Exxon Mobil Corp’s CEO Rex Tillerson and Continental Resources Inc. Chairman Harold Hamm, Romney is calling for the aggressive development of fossil fuels to make the US an “energy superpower.”
While every US president since Richard Nixon has promoted American energy independence, Romney told supporters that his plan to increase US reliance on fossil fuel was achievable. “This is not some pie-in-the-sky kind of thing,” he said.
North American dependence on foreign oil is now at its lowest level in almost 20 years.
Opening the Atlantic coast to oil and gas production and giving individual states control over oil on federal lands within their borders should achieve North American energy independence by 2020, according to Romney.
Oil industry executives lauded his proposal.
"The Romney plan demonstrates a very clear understanding of how America’s oil and natural gas companies - like mine - work,” Virginia Lazenby, the chairman of Bretagne LLC, an oil and gas company based in Nashville, said in a statement released yesterday by the Independent Petroleum Association of America.
“The states, not bureaucrats from Washington, best know how to protect the environment...” Chairman Lazenby added.
Oil and gas employees contributed $4.2 million to the Republican National Committee, according to the Center for Responsive Politics. On Tuesday, Romney raised roughly $7 million during a fundraising swing through Texas, which included a finance luncheon with big oil leaders.
But the Romney campaign has rejected criticism of Romney's ties to the oil industry, and insisted his proposals benefit all Americans.
[Bloomberg, 23 Aug 2012]
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[TD]Billionaire oil driller Harold Hamm is serving as an advisor to the Romney campaign and believes that America can drill its way out of its energy problems. (Photo: WaPo)
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While the election isn’t until November, it’s clear that Mitt Romney has won over the oil and gas industry.
Days removed from Romney fundraisers attended by Exxon Mobil Corp’s CEO Rex Tillerson and Continental Resources Inc. Chairman Harold Hamm, Romney is calling for the aggressive development of fossil fuels to make the US an “energy superpower.”
While every US president since Richard Nixon has promoted American energy independence, Romney told supporters that his plan to increase US reliance on fossil fuel was achievable. “This is not some pie-in-the-sky kind of thing,” he said.
North American dependence on foreign oil is now at its lowest level in almost 20 years.
Opening the Atlantic coast to oil and gas production and giving individual states control over oil on federal lands within their borders should achieve North American energy independence by 2020, according to Romney.
Oil industry executives lauded his proposal.
"The Romney plan demonstrates a very clear understanding of how America’s oil and natural gas companies - like mine - work,” Virginia Lazenby, the chairman of Bretagne LLC, an oil and gas company based in Nashville, said in a statement released yesterday by the Independent Petroleum Association of America.
“The states, not bureaucrats from Washington, best know how to protect the environment...” Chairman Lazenby added.
Oil and gas employees contributed $4.2 million to the Republican National Committee, according to the Center for Responsive Politics. On Tuesday, Romney raised roughly $7 million during a fundraising swing through Texas, which included a finance luncheon with big oil leaders.
But the Romney campaign has rejected criticism of Romney's ties to the oil industry, and insisted his proposals benefit all Americans.
[Bloomberg, 23 Aug 2012]