Hamm warns US cannot afford to shut down shale oil operations

 

Oil billionaire Harold Hamm warns US can't shut shale down while China,  India continue to build coal plants | Fox Business

 

Are $100 a barrel oil prices realistic?  Continental Resources Executive chairman Harold Hamm in Oklahoma City says they are possible.

“Is it possible? Sure it’s possible,” he told Maria Bartiromo during a Thursday morning interview on Fox Business News.

In the same interview he said the world cannot allow China and India to continue building 300 coal-fired generating plants a year while the U.S. makes strides in cleaning its air.

He warned the US cannot afford to put restrictions on its shale operations.

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