Continental Resources Founder Harold Hamm and CEO of Continental Resources Doug Lawler discuss their newly announced Venezuela oil deal, its impact on energy markets and the future of domestic production. #foxbusiness #fox #haroldhamm #douglawler #continentalresources #venezuela #oilandgas #energy #pdvsa #orinoco #shale #usnews #business
Over decades, America's shale oil and gas wells will decline. Companies have been exploring opportunities abroad, as there are plenty of shale-rich basins for companies to tap.
We have communicated the terms under which we are prepared to bring the current conflict with Iran to a conclusion. The Iranians have responded by dictating what can only be described as an absurd series of demands of their own. There can only be one reasonable response. We need to stand up, walk out of the room, and then inflict maximum pain. Anybody who has followed my comments about the ongoing war is well aware that I would not have advised beginning this conflict, and I certainly would not have suggested prosecuting it the way we have. That does not matter now. We are in this. We cannot allow the Iranians to walk away believing they have won. If we do, we will feel the ripple effects immediately worldwide, from Taiwan to Cuba. The…Open