By GLENN THRUSH|
3/23/12 9:39 AM EDT
Mitt Romney has been slamming President Obama over the spike in gas prices, and will (presumably) deliver a Keystone-themed blistering attack on the administration this morning at a Louisiana oil and gas exploration company, QEP Resources.
Romney has been touting his understanding of the industry on the trail, but his ties to Big Oil – and a handful of wealthy investors who have made cash on the rise in oil prices — could come back to bite him. And it will certainly, I am told, be a big part of the Obama team’s counterattack, hitting Romney on his connections with rich guys they consider to be gas-spike profiteers.
I reached out to a Democratic source, who passed along a list of potential problems. Two jumped out. The first was none other Romney’s top energy adviser, Harold Hamm, who promised to provide “a stark alternative to President Obama’s goal of driving prices higher” in a statement published in the Tulsa World around the time of his appointment.
But in 2008, when gas was hitting $4/a gallon, Forbes put the self-made billionaire on its list of “petro princes” whose “fortunes… are driven higher every time you feel pain at the pump.”
A year later, however, when the global recession pushed per-barrel prices down about 70 percent, Hamm was touting a different line, and urged state and federal authorities to blame Canada, and probe whether Canadian producers were glutting the market – which was good for consumers but poison for his business.