Energy Executives Have Affordability on Their Minds

KPMG’s energy practice leaders discussed energy security and affordability, and just how governments and investors may react.

Energy security and affordability need to be dealt with first and foremost, said Regina Mayor, current global head of energy at KPMG. (Source:

HOUSTON—With high oil and gas prices expected through at least the rest of the calendar year, energy affordability is on the minds of both consumers and governments around the globe. At the same time, energy executives are struggling with constraints in supply chains and limited spare capacity.

It all comes together to form a worrisome situation for the sector in the short term, but there’s light at the end of the tunnel, according to top executives from KPMG’s energy practice.

Regina Mayor, current global head of energy at KPMG, and Angie Gildea, the firm’s U.S. energy, natural resources and chemicals leader, met with members of the press at KPMG’s downtown Houston office on Aug. 1 and discussed a wide range of topics including prices, energy transition, production increases, the energy deal market, jobs and investment strategies.

Energy security and affordability need to be dealt with first and foremost, according to Mayor.

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Len Vermillion

Len Vermillion is Hart Energy's editorial director. Based in Houston, Texas, he manages an editorial department consisting of, Oil and Gas Investor, E&P and Midstream Business, as well as nine digital newsletters and several special projects.