OGJ Editorial: Energy policy—1: Time for new approach

A new Congress provides new hope for enactment of meaningful energy policy in the US. The politics of midterm elections fouled the latest effort. For the oil and gas industry, the challenges are to learn and to persevere.To some observers in the industry, any declaration of hope for energy policy might seem wishful. Prospects for passage of comprehensive energy legislation were better in the 107th Congress than they had been at any time in recent history. Yet they didn't yield comprehensive results (see related story, this issue).Why? In the answer lie the lesson and the hope.Ambitious packageThe latest energy initiative began as a reasonable if overly ambitious package of constructiv...

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