Thursday, September 13, 2012

Romney’s Energy Adviser Complains About His Company’s High Taxes, But It Pays Just 2.2 Percent

Romney’s Energy Adviser Complains About His Company’s High Taxes, But It Pays Just 2.2 Percent: In a congressional hearing Thursday, Continental CEO and Romney’s chief energy adviser Harold Hamm asked to preserve the oil industry’s billions in tax breaks, although his company pays little in federal taxes. The oil firm has earned more than $1.8 billion profit over five years by dominating the oil shale boom in North Dakota. In [...]/p