Harold Hamm attacks Obama’s energy plan in CNBC appearance

Continental Resources Inc. CEO Harold Hamm lobbied for increase support for the oil and natural gas industry Thursday in an appearance on CNBC’s “The Kudlow Report.”

Hamm, who recently pledged his support to GOP presidential candidate Mitt Romney, also criticized President Barack Obama’s energy policies.

Hamm struck back at Obama’s claim that supporters of the oil and gas industry are stuck in the past.

“The technology that’s out there today, what we’re doing with horizontal drilling, unlocking a virtual renaissance of new development of oil and gas in this country, I can’t believe the president would say anything like that. We’ve obviously brought drilling into another realm, whole new paradigm.”

Hamm also discussed his view of the potential of the Bakken Shale in North Dakota and Montana and his opposition to releasing oil from the Strategic Petroleum Reserve because of high gasoline prices.

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