Latest News and Comment from Education

Wednesday, October 12, 2016

Schooling in the Ownership Society: Billionaire pipeline investor Hamm is also a big charter school backer

Schooling in the Ownership Society: Billionaire pipeline investor Hamm is also a big charter school backer:

Billionaire pipeline investor Hamm is also a big charter school backer




Billionaire Hamm is Trump's main energy advisor. 
Billionaire Harold Hamm is the founder CEO of energy giant, Continental Resources. Continental is the largest leaseholder in the nation’s premier oil play, the Bakken Play of North Dakota and Montana. Based in Oklahoma City, the company also has a leading presence in the Anadarko Woodford Play of Oklahoma and the Red River Units Play of North Dakota, South Dakota and Montana.

Hamm recently announced to investors that oil it obtains via hydraulic fracturing (“fracking”) from North Dakota’s Bakken Shale basin is destined for transport through Standing Rock Sioux territory via the Dakota Access pipeline.

MORE ABOUT HAMM... He's Donald Trump's energy adviser and a likely pick for U.S. Energy Sec. should Trump be elected.

As you might have already guessed, Philanthro-capitalist Hamm is also a big player in the world of school privatization and charter schools. His favorite seems to beASTEC charters, the first charter in Oklahoma.

He's also appealing his divorce settlement which called for him paying out $1B to ex-wife Sue Ann. He claims a drop in oil prices negatively affected his finances. It seems that $18 billion doesn't go as far as it used to.

Will ASTEC be next on the chopping block? Schooling in the Ownership Society: Billionaire pipeline investor Hamm is also a big charter school backer: