Shale King Hamm: Obama Regulations Death by a 1,000 Cuts

The transcript discusses the impact of trade wars with Mexico and China on demand, highlighting the importance of favorable trade relationships for oil exports. It touches on the lifting of a crude oil export ban and the potential benefits of Donald Trump's trade policies. The conversation shifts to business growth under regulatory constraints, contrasting the pro-business stance of Trump with the previous administration. Finally, it addresses economic growth challenges, emphasizing the regulatory burden and its impact on GDP growth during the Obama administration.

What is a potential consequence of trade wars with countries like Mexico and China?

• Improved trade relationships

• Material impact on demand and job shifts

• Decrease in oil exports

• Increased demand for American products

What significant change occurred regarding crude oil exports in the US?

• Only refined oil could be exported

• Exports were limited to Mexico

• A new ban was implemented

• The 40-year ban was lifted

How does Donald Trump's trade stance potentially benefit oil exporters?

• By increasing tariffs on oil

• By promoting fair trade and reducing restrictions

• By banning oil exports

• By focusing on domestic oil consumption

What is one reason Harold Hamm feels optimistic about Donald Trump's presidency?

• Trump's focus on increasing regulations

• Trump's pro-business and pro-America stance

• Trump's plan to reduce oil production

• Trump's support for higher corporate taxes

What challenge did businesses face during the previous administration?

• Death by 1000 cuts due to regulations

• Excessive economic growth

• Oversupply of oil

• Lack of regulations