2016 Postmortem
Related: About this forumHaven't heard a peep about this romney fundraiser...
Lots of analysis and criticism about Clooney's soiree tonight, but crickets on this...
http://www.nationalmemo.com/exclusive-the-crude-intentions-of-romneys-keystone-billionaire-bundler/
Exclusive: The Crude Intentions Of Romneys Keystone Billionaire Bundler
May 10th, 2012 2:01 pm KyleRoerink
Mitt Romneys fundraiser on Wednesday night in Oklahoma City was not just another chance for wealthy donors to fill the candidates campaign coffers, but reveals the GOP presidential candidates special relationship with oil tycoon Harold Hamm, chairman of Romneys Energy Policy Advisory Council and host of the quiet soirée. What Hamm and Romney share, aside from great wealth, is a powerful desire to complete the Keystone XL Pipeline.
Hamm is the chairman and CEO of Continental Resources, one of the nations largest independent energy companies and leading developer and owner of more than 600,000 acres in the Bakken Oil Field in North Dakota. If the northern section of the pipeline were complete, it would connect to Hamms oil field, giving him a 1,700-mile conduit to the Gulf of Mexico. Hamm ranks 33rd on the Forbes wealth list and is worth around $12 billion. He estimates 24 billion barrels of crude at Bakken, mostly still underground, so Keystone XL which would run down from Canada would expedite his ascent up the billionaire ladder.
With sponsorships ranging up to $50,000 a head, the fundraiser drew roughly 200 attendees to hear Romney speak at Hamms home in Nichols Hills, Oklahoma. When asked about the fundraisers attendees prior to the event, Hamm didnt mention names but told The Oklahoman he knows a lot of oil folks and invited everybody he knows. Hamm and his publicists did not return calls to The National Memo.
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No wonder Romney says the president doesnt see the value in the XL pipeline. In this election cycle so far, Romney has received more than $2.5 million in campaign contributions from Big Oil, and super PAC oilmen like the Koch brothers plan to pump more than $200 million into attacks on Obama. According to Think Progress, in the first quarter of 2012, the American Petroleum Institute, Crossroads GPS and the American Energy Alliance spent more than $16 million on ads blasting the presidents energy policies. Hamm and his wife Sue have contributed $9,600 to Romney since 2008. Opening their home to the oil folks represented a much bigger contribution by proxy.
On the campaign trail Romneys vowed to build the XL pipeline himself if necessary. But Hamms fundraiser suggests why Romney chose an oil billionaire to chair his Energy Policy Advisory Council.
GoCubsGo
(32,075 posts)The President's fundraiser involves those eeeevil Hollywood types. I never heard how much was raised at the fund-raiser held at the home of Papa John's CEO, either. You know the place. It's the one Rmoney claimed that "Democrats don't want anyone to live like this." or some such nonsense.
jenmito
(37,326 posts)"abortive pill" as Romney called it when he spoke out against it.