For oil and gas pros drowning in angst over the election of Joe Biden as the 46th president, an energy litigator offers this advice: chill.

“Sorry to disappoint but it does not matter who wins this election as far as the energy industry is concerned,” George H. Lugrin IV, shareholder, director and president of Houston-based Hall Maines Lugrin PC, told Hart Energy before Biden was projected as the winner. “Bigger factors are at play. Short-term regulatory tweaks, renewable credits and tax changes are not drivers.”

After all, ConocoPhillips Co. just bought Concho Resources Inc. and Pioneer Natural Resources Co. just merged with Parsley Energy Inc. with nary a thought as to who would win the election. Of course not. That’s not how this industry works.

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