Daniel B. Markind, Esq.
Weir and Partners, LLP
Natural gas usage keeps rising, despite the hurdles it has faced. Daniel Markind highlights accomplishments and challenges at the state level.
Without a doubt, the election of Donald Trump was the big story of 2016. While Barak Obama never came out fully against shale gas and oil, and indeed reaped its benefits, their production did not fit his “clean” agenda and the Obama Administration never was welcoming to the new technology or the industry. The new President will have a different mindset. It remains to be seen what specific steps Donald Trump will take, and what reaction those steps will engender.
At the state level, the gas and oil supply glut is over and 2017 looks more promising than 2016, albeit with numerous challenges. Among the most interesting states, here are some of the highlights: