As Gas Prices Skyrocket, One of Trump’s Top Oil Donors Could Be the Next Senator from Oklahoma

Hamm raised $75 million to elect Trump, and now he’s poised to be handed a seat in the U.S. Senate 

Washington, DC – Today, Donald Trump is meeting with Oklahoma Governor Kevin Stitt about appointing oil billionaire Harold Hamm to replace Markwayne Mullin in the Senate. Hamm, the chairman of Continental Resources, raised $75 million from the oil and gas industry to elect Trump. Trump’s war is causing gas prices to skyrocket, creating a potential windfall for oil companies. While working families are burdened by soaring gas prices, Trump is celebrating the high oil prices caused by the war. 

Climate Power Senior Advisor Alex Witt issued the following statement: “In Trump’s first term, he struck a deal with Saudi Arabia and Russia to artificially raise oil prices, forcing Americans to pay more at the pump, just to bail out his buddy Harold Hamm. Now, as Trump’s war is sending gas prices through the roof, Republicans are considering giving Hamm a Senate seat. Hamm has spent decades getting rich while people paid for it at the pump – and he may be on his way to the Senate as gas prices reach record highs. Trump will always put Hamm and his billionaire oil donors first, while working families are left to foot the bill.”  

Trump puts Hamm and his Big Oil donors first, while Americans are stuck with higher gas prices: 

• At a time when costs are soaring and 84% of people in battleground states say their utility costs have gone up, Trump’s war is now driving up gas prices across the country — forcing working families to pay more at the pump.
• Trump has a long history of putting Hamm and his Big Oil donors first. In 2020, Trump struck a deal with OPEC and Russia to cut oil production and raise oil prices to bail out Hamm—driving up gas prices for Americans.
• In 2024, Trump asked Hamm and other oil and gas executives to raise $1 billion for his campaign and promised to enact their wishlist on day one.
• Big Oil spent $445 million to influence Congress and the 2024 election. In the 2025 reconciliation bill, Trump and congressional Republicans gave the oil and gas industry an additional $18 billion in tax breaks.  

• Hamm has also proven that he is willing to bail out Trump. Hamm reportedly was part of helping Donald Trump pay off hundreds of millions of dollars in a civil fraud bond in New York.