In some presidential election years, voters have struggled to discern substantive differences between the positions of the major party candidates. Not this year.
The energy and environmental policies of President Donald Trump and former Vice President Joe Biden reveal “a night and day difference between the two approaches,” Kevin Garber, a shareholder in the Babst Calland law firm told Hart Energy’s Joseph Markman and Len Vermillion.
But oil and gas executives need to focus their attention beyond the presidential race.
“Looking at the real local level, there are task forces, there are climate plans, there are initiatives for electric vehicles and renewables and building codes—whether you can or cannot have gas hookup in new construction,” said Jean Mosites, also a Babst Calland shareholder who practices environmental law. “A lot of interesting things are going on and certainly not just federal.”
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2022-03-22 - Russel Hardy, CEO of the world's largest oil trader Vitol, also said on March 22 customers did not want to buy Russian oil.
2022-03-21 - Germany and the Netherlands said the EU was dependent on Russian oil and gas and could not cut itself off tomorrow.
2022-03-23 - “Obviously, oil and gas markets would collapse without Russian hydrocarbons in the event that sanctions were imposed,” Russian Deputy Prime Minister Alexander Novak says.
2022-03-15 - OPEC said the war in Ukraine and continued concerns about COVID-19 would have a negative short-term impact on global oil demand growth.
2022-03-16 - As the war between Russia and Ukraine intensifies, Putin’s end game is not so clear.