Shale Billionaire Hamm on Boone Pickens, Private Equity, Trump

The video features a conversation with Harold Hamm, CEO of Continental Resources, discussing his relationship with T Boone Pickens, T Boone's career in energy, and the transition from oil to renewables. Harold reflects on the US surpassing Saudi Arabia in oil production due to horizontal drilling and addresses challenges in US shale production. He also talks about Continental Resources' market strategy, the impact of private equity, and international demand, including US-China trade relations.

What was one of T. Boone Pickens' significant contributions to Oklahoma?

• Founding a new oil company

• Establishing a renewable energy fund

• Supporting Oklahoma State University

• Creating a scholarship for engineers

How did T. Boone Pickens' career evolve over time?

• From coal to nuclear energy

• From natural gas to coal

• From oil to wind and natural gas

• From solar to oil

What technological advancement significantly changed the U.S. energy landscape?

• Horizontal drilling

• Vertical drilling

• Deep-sea drilling

• Offshore wind farms

What was a surprising outcome of the U.S. energy production in recent years?

• U.S. surpassed Russia in coal production

• U.S. became a leader in solar energy

• U.S. surpassed Saudi Arabia in oil production

• U.S. reduced its natural gas exports

What is a current concern regarding U.S. shale production?

• Potential peak in production

• Environmental regulations

• High transportation costs

• Lack of skilled labor

Why might Continental Resources consider buying back its stock?

• To expand into new markets

• If it's a good bargain

• To reduce competition

• To increase market share

What is a factor affecting international demand for U.S. oil?

• Tariffs in the U.S.-China trade deal

• European Union regulations

• Middle Eastern oil prices

• U.S. domestic policies