DAVID BLACKMON: What 2026 Will Deliver On Energy Policy |
As the end of 2025 nears, the question arises: What can Americans expect in the world of energy policy in 2026?
Predicting future events where energy is concerned is always a risky enterprise. After all, if anyone could accurately foresee where, say, the Brent price for crude oil would sit a week from today, that person would soon become fabulously wealthy and never have to work another day in his or her life. But no one can actually do that because too many widely disparate factors impact where prices will head on a daily basis. This overarching theme holds true in most areas of the widely diverse energy space.
Still, just as energy details like exact future oil prices or rig count levels are impossible to know with certainty, some overarching trends are entirely foreseeable. As an example, it was entirely predictable a year ago that 2025 would become a year in which an energy policy revolution would take place. Donald Trump had been elected to a second term and was in the process of naming cabinet nominees who would lead an effort to reverse the onerous regulations and economically ruinous subsidy spending of the Biden years.
A policy revolution was entirely predictable, even though, as I wrote at the time, it would take a somewhat different form than many were expecting. There would be no replay of the........