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Regulatory: The challenges of newfound energy wealth

While energy regulators struggle to address issues related to fracking, the U.S. could be missing out on opportunities to strategically use its new energy wealth

Since the 1973 Arab oil embargo, the United States has felt “energy poor,” heavily dependent on energy imports. The past few years have seen a revolution. Increased energy efficiency in every sector of the economy, rapid growth in renewable energy sources and, most importantly, the development of vast unconventional natural gas resources, so-called “shale gas,” have made America “energy rich” even though it continues to lead the world in per capita energy consumption.

The opportunities

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Mary Anne Sullivan

Mary Anne Sullivan is the practice group leader for Hogan Lovells’ energy regulatory practice and a former general counsel of the U.S. Department of...

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