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Wednesday, November 12, 2014

Bloomberg Businessweek Interviews Harold Hamm -- November 12, 2014

There's a one-page Q&A with Harold Hamm in this week's issue of Bloomberg Businessweek.

The last question in the interview is, well, ... entertaining. It provides an opportunity for a new poll.

First, the results of the poll in which we asked, in light of the oil price slump, is it better to be a:
  • a small privately held company .....  74%
  • a small publicly traded company .... 26%
I tend to agree, but it's all about liquidity, not profitability.

Now, the question that Mr Hamm was asked by Bloomberg Businessweek. Does President Obama get credit for overseeing the fastest increase ever in US oil production?
  • Yes
  • No
  • Are you kidding?

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