and harold hamm knows this. when i visited continental resource, we're going down to two miles and wide two miles. the president needs to spend time on rigs and needs to know fossil fuel is better to get from ourselves. >> you have people say we go have a couple hundred years worth of fossil fuel. that's an economic growth model. >> 15% of growth in the oil and gas industry. the president wants to kur trail the drilling. my friend aubrey mcclinton is saying the president doesn't want to do the right thing. the president is letting the market forces do their thing. i think the problem there is it's not enough. i think you need to have a natural gas act that was just turned down. it wouldn't cost people money. we needed to have the truckers literally embrace natural gas the way they embraced diesel. that's how we get all these years of natural gas fossil fuels -- >> get it into the trucks -- >> cleaner, abundant, cheaper. i'm talking about breaking opec. how many times does the president say there's nothing we can

joining us harold hamm, founder of continental resources and larry nichols, chairman and former ceo ofith would one on day one to increase oil prok pr -- production in the united states? >> increase supply, drill more wells, produce more oil, get it to market. these bottle necks of cushing and other places certainly doesn't help or in the bakken. we need to move the oil to market just quickly and as efficiently as we can. it winds up costing 25 cents or so to the consumer if we can't get the oil to market. that's some of the answers. >> so the key here you're saying is to permit the keystone pipeline project and that will resolve the bottle neck issues and that will bring prices down? >> well, the delay, add that's what we've had, we've had an extensive delay that continues. it does drive prices up at the pump, 25 cents a gallon or so just delaying the project. we need the cushing to houston segment. that's been talked about a couple years and been in the works for a couple years. it's time that got done. and certainly everybody support it is and we're glad to have the president here i

because of the harold hamms of the world it's almost exponential the kind of growth.ont page of the wall street journal. it's already down sized the cost of homes and businesses, natural gas. >> are they preventing drilling? do you hear there is a lot less drilling going on that might be accomplished otherwise? >> 90% of oil and gas is on nonfederal lands. great american companies embraced hall burton and others. what you're seeing is inventive. harold hamm took the oil rig down two miles and two miles flat either way is where the oil is. the only big problem here, just so you know, is we have so much of it and we don't have the infrastructure to bring it out. this oil isn't -- >> it's a pipeline infrastructure. >> keystone. >> which would -- i know. keystone is so important to this. there is more oil in the oklahoma depot and they can't get it to the gulf coast for refining. that's a pity. energy is really helping production and the production of business equipment. energy which is growing as a sector and the numbers out today. i know the top line production number w

harold hamm, the man who advises romney. >> jeanine: stop fighting. here's the bottom line. 20,000 people would have been working. he got blowback from the insurance and the catholic church. the guy is -- he's changing course many other etch-a-sketch i've heard of. >> noelle should call the governor of ne fish out to get the big fish. >> jeanine: are you kidding? >> it was a bad program, but not a program unique to this administration. >> jeanine: yes, it was, because they didn't track the guns. >> it's going to hurt his re-election. number two, he's stand buying eric holder. he doesn't want him to resign. number one, eric holder is close to the president. >> absolutely. >> they're comrades. he was part of the vice president's celtics committee. >> this is an attempt by darrell issa and other republicans in congress to distract eric holder from the real problem in this country, people being denied the franchise to vote in america. this is a way to keep him out of the news. >> eric holder is a joke. >> he's been a fine attorney general. >> jeanine: do

larry it talking to harold hamm from continental resource.

. >> i want to bring in oklahoma oil man harold hamm from oklahoma city.ell everyone you are mitt romney's energy advisor. that said, you heard the president today. big news, good news, right? >> yes, it is good. it is really good news that he is pushing for this pipeline and it is certainly needed and the whole pipeline was needed and it is kind of ironic that he is standing in front of the pipe that could be in the ground right now if he hadn't stopped it. it is goddess pushing for it. >> let many he get to that point i think you're alluding to. you and some of your colleagues write this letter entitled actions not words will determine energy future. your basic message, five paragraphs in, approval of the entire keystone excel pipeline should happen now, not after the election. why now? >> well, it is needed now. it is the cost to the consumer money to pump every day and because this oil, he is right, it is bottlenecked in cushing, oklahoma, instead of being able to get to the consumers, and to the refineries where we need it. that delay is costing every

coming up, we got harold hamm, named mitt romney's top energy advisor for his campaign.us about the candidate's plan to help america get off foreign oil and later treasury secretary geithner talking about the economy. ices? they don't get me. they're all like, "hey, brother, doesn't it bother you that no one notices you?" and i'm like, "doesn't it bother you you're not reliable?" and they say, "shut up!" and i'm like, "you shut up." in business, it's all about reliability. 'cause these guys aren't just hitting "print." they're hitting "dream." so that's what i do. i print dreams, baby. [whispering] big dreams. is now within your grasp with the all-new e-trade 360 investing dashboard. e-trade 360 is the world's first investing homepage that shows you where all your investments are and what they're doing with free streaming quotes, news, analysis and even your trade ticket. everything exactly the way you want it, all on one page. transform your investing with the all-new e-trade 360 investing dashboard. >>> mitt romney turning to america's richest oil man to advise him on

. >>> tonight on "the kudlow report" mitt romney's right-hand man on energy, harold hamm, will be joiningre you tune in to "the kudlow report" tonight starting at 7:00 p.m. eastern. has been working hard for their clients' futures. never taking a bailout. helping generations achieve dreams. buy homes. put their kids through college. retire how they want to. ameriprise. the strength of america's largest financial planning company. the heart of 10,000 advisors working with you, one-to-one. together, for your future. ♪ >>> up >>> up next, he warned of the housing crisis in 2005 and he's been consistently on target with other economic predictions including a turnaround in the economy in the second half of 2011. so what's ian shepherdson predicting for the remainder of this year and beyond? we ask him, after the break. ol to follow me around. ew. seriously? so gross. ew. seriously? that is so gross. ew. seriously? dude that is so totally gross. so gross...i know. there's an easier way to save. geico. fifteen minutes could save you fifteen percent or more. all of a sudden, when you have been ma

in oklahoma, thank you to senator tom coburn, ryan leonard, fred hall and harold hamm. haslem, sno alexander and commissioner big hagerty. in voth darcy johnson and state senators randy brock and vince eluzi, thank you. more states, guys, sorry. in virginia, a big thank you to governor bob mcdonald. we love him. [cheers and applause] also, lieutenant governor bilbaoing, and eric cantor. eric, thank you for that endorsement. bobby killburg, jack gerrard and tom farrell, and finally, massachusetts, thank you! [cheers and applause] [crowd chanting "we want mitt"] >> i have to thank senator scott brown, who's going to be your next senator. [cheers and applause] some of our favorite governors, bill weld and paul saluchi. our heart goes out to paul and his struggles. house minority leader, oh, thank you, brad jones. kris collins, sandy and paul, bob mcginn and ron kauffman and a special thank you to the thousands and thousands of volunteers all across this country. 10 states tonight. we have thousands of people making phone calls. thank you. we could not do it without all of