Meet Harold Hamm. Energy industry pioneer. One of 13 children born to sharecroppers who never owned a single piece of land. Lacking the money to attend college as a teenager, he took a job pumping gas and repairing cars in Enid, Oklahoma.
Today Harold Hamm is a billionaire. The CEO of Continental Resources, the 14th largest oil company in America. Thanks to his tenacity, his pioneering spirit, and his ingenuity, he helped discover the Bakken oil fields in Montana and North Dakota…fields that contain as much as 24 billion barrels of oil, twice the size of the oil reserves in Prudhoe Bay, Alaska.
Harold Hamm has been a pioneer in developing new technology like horizontal drilling, an innovation that has unlocked vast new sources of fossil fuels and helped us to break what used to be OPEC’s strangle hold on America. Thanks to him, we have vast new sources of energy we can tap on our own soil instead of buying oil from overseas dictators who do not wish us well.
And thanks to him, North Dakota has the lowest unemployment rate of any state in the nation.
Why do I mention Harold Hamm? Because I’m tired of hearing our President tell us that we are suppose to hate people like Harold Hamm. Because I’m tired of hearing the liberals in Congress vilify people who are in the business of energy exploration. Because I’m tired of hearing people like Nancy Pelosi and Harry Reid say that people like Harold Hamm are blood sucking capitalists who don’t create jobs or help our economy grow.
Because I think that every once in a while, it is nice to celebrate American ingenuity, American technology, American engineering and American Exceptionalism.
And one more thing. I mentioned that Mr. Hamm is a billionaire. He is also one of those Americans who is giving away half their wealth to charity; a man who has already given millions to colleges and to fund state of the art diabetes research. Buried in Mr. Obama’s tax plan is a provision that would penalize Mr. Hamm for giving his money away, and require Mr. Hamm to instead give more money to Obama bureaucrats who say they need it to create new jobs. With all due respect to the President, I think Mr. Hamm knows how to do that better than any of Obama’s bureaucrats.