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Billionaires are putting their influence and money behind Donald Trump, a wave of support that is helping the former President narrow his fundraising gap with President Joe Biden. The latest example came last week with the news that Blackstone CEO Steve Schwarzman, after years of keeping his distance from Trump, is now a supporter. A collection of familiar GOP names announced their support for Trump in recent months. They include figures like Robert Bigelow and Nelson Peltz. Both have donated to Republicans for years. Both distanced themselves from Trump after Jan. 6. Both are now back on board. Robert Bigelow,...

HOUSTON, May 23 (Reuters) - Republican presidential candidate Donald Trump raised tens of millions of dollars during a fundraising swing through Texas this week, promising he would support the oil and gas industry by backing new pipelines and restoring fracking on federal land. [cut] A Houston fundraiser on Wednesday was hosted by oil billionaires Jeff Hildebrand, founder of Hilcorp Energy, the largest closely held U.S. oil firm; George Bishop, founder of GeoSouthern Energy; Harold Hamm, founder of Continental Resources; and Kelcy Warren, head of pipeline firm Energy Transfer Partners. Trump drew standing ovations when he promised to get more natural...

In a rather unconventional warning, Continental Resources chief executive Harold Hamm said on Wednesday that should the U.S. oil industry embark on another spending spree, it could “kill” the market. Speaking at the CERAWeek conference in Houston – one of the largest gatherings of oil executives and ministers, including this year Saudi Arabia’s oil minister Khalid Al-Falih – Hamm said that U.S. crude oil output “could go pretty high”. But Hamm was quick to add, as quoted by Bloomberg: “But it’s going to have to be done in a measured way, or else we kill the market.”

CLEVELAND -- It's tough to be a speaker at a political convention who has something substantive to say, because the sizzle always consumes the steak at these events. So it's not surprising that energy company executive Harold Hamm was overlooked amid Wednesday night's political sparks. But he delivered one of the better, or arguably one of the more important, lines of the night:

With the Republican National Convention wrapping up this week, Republican presidential candidate Donald Trump is considering nominating one notable fracking CEO to become his Secretary of Energy if he wins the November election. Reuters reports that Donald Trump is leaning towards appointing Harold Hamm, CEO of Continental Resources, to take over the Department of Energy. If such an event were to occur, it would be the first time that an energy secretary came directly from the oil and gas industry. Harold Hamm spoke at the Republican Convention on Wednesday night, where he spoke about the need for the U.S. to...

WILLISTON N.D. (Reuters) - Harold Hamm, the chief executive of North Dakota oil producer Continental Resources Inc , has stunned a bearish crude market by scrapping all of the company's hedges - a bold bet that prices will recover soon after sliding some 25 percent. Related Stories [$$] Saudi Oil Price Cut Scrambles Market The Wall Street Journal Saudi price cuts send New York oil prices to 3-year low AFP [$$] Saudi Price Cut Upends Oil Market The Wall Street Journal Gulf oil producers seen riding out price plunge AFP [$$] Occidental Petroleum’s Profit Falls 24% The Wall Street Journal...

Republican oil mogul Harold Hamm says Congress is wasting its time debating the Keystone XL pipeline. “It’s not relevant at all, in my opinion. And here we are making it relevant now? Forget it,” the billionaire CEO of Oklahoma-based Continental Resources told Politoco in an interview Friday, just before the House passed a bill aimed at approving the pipeline. […] Hamm said his company, which had planned to use Keystone to ship some of its North Dakota crude, is already using other pipelines for half of its oil. And the percentage is growing. “We’re supporting other pipelines out there; we’re...