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    Forbes: Russians Financed The U.S. Anti-Fracking Movement: Oil Tycoon

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Summary

Continental Resources Chairman and CEO Harold Hamm said Russians financed the anti-fracking movement in the United States

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Forbes: Russians Financed The U.S. Anti-Fracking Movement: Oil Tycoon

Russians financed the anti-fracking movement in the United States, an American oil tycoon alleged today during the Forbes Reinventing America Summit in Chicago.

“Russia’s spent a great deal of money over here to cause a panic in the United States over fracking to stop it,  because suddenly their market share is going away,” Continental Resources Chairman and CEO Harold Hamm said during an on-stage interview with Christopher Helman, the southwest bureau chief for Forbes Media.

“There was a lot of money spent in the U.S. to send people into a panic over fracking because they wanted to stop what we were doing. They saw this coming,”

Hamm’s comments bring to American soil an allegation made last year by NATO chief Anders Fogh Rasmussen, who charged that Russians were funding anti-fracking movements in Europe and the former Soviet Union.

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