Continental Resources executive chairman Harold Hamm, center right, is surrounded by Summit representatives during a December 21, 2023 hearing of the North Dakota Public Service Commission. From left to right are Summit Carbon’s general counsel Jess Vilsack; Summit Carbon CEO Lee Blank; Summit Carbon COO James “Jimmy” Powell (seated in the row behind the others); North Dakota Petroleum Council president Ron Ness; Hamm; and Summit Agricultural Group CEO Justin Kirchhoff. (Photo by Kyle Martin, published with permission)
Nancy Dugan lives in Altoona, Iowa and has worked as an online editor for the past 12 years.
While billionaire wildcatter and Summit Carbon Solutions investor Harold Hamm appears to be hedging his bets, Bruce Rastetter, founder of Summit Agricultural Group, which launched the CO2 pipeline project, announced his support for Donald Trump during a Bloomberg News roundtable on January 13 in Des Moines. A Summit Agricultural Group news release also announced the endorsement, which came just two days before Trump’s decisive caucus victory in Iowa.
Meanwhile, Trump lambasted former presidential candidate Vivek Ramaswamy, a vocal opponent of using eminent domain to build the Summit Carbon pipeline, in a January 13 post on his Truth Social platform. Trump declared Ramaswamy “not MAGA” and accused him of using “deceitful campaign tricks.” It was the first time the front-runner publicly criticized Ramaswamy, who ended his campaign and endorsed Trump immediately following the Iowa caucuses on January 15.
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