The U.S. House Energy & Commerce Committee has extended an invitation for interested stakeholders to provide feedback to the Committee on a particular set of questions aimed at analyzing and guiding the direction of future energy policy in the U.S. The Committee initiated the comment request recognizing that the circumstances that drove the development of existing federal energy policy have changed dramatically in the face of increasing supplies of domestic energy sources and slowing global demand growth.
Dealing with policy that may be outdated and new energy challenges on the horizon, the Committee is seeking answers to the following questions from all interested parties by March 17, 2015:
- What is the impact of the rapidly changing energy market on: (A) the U.S. economy and on jobs; (B) consumers; (C) fuel consumption and alternatives; and, (D) the environment?
- What are the new benefits and challenges facing: (A) oil producers; (B) refiners; (C) midstream entities; (D) workers; and (E) landowners and the public?
- What is the impact of these rapid market changes on: (A) energy security; (B) the quantity, diversity, and reliability of oil and refined product supplies; (C) demand for oil and refined product supplies; and (D) demand for fuel alternatives to oil and refined product supplies?
- What is the geopolitical impact of falling oil prices?
- Will U.S. energy supplies remain competitive on the global market? Are there ways to improve efficiency, reduce cost, or manage the supply chain?
- What role have federal energy policies played in helping or hindering the recent energy transformation?
- Do federal policies need to be revised to better reflect current energy supply and demand realities and mitigate emerging risks?
Please don’t hesitate to contact us if you have questions regarding submitting comments to the House Committee or the energy policy issues raised by the Committee’s request. All comments submitted will be made available to the public by the Committee.