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Expert Analysis

Oil And Gas Opportunities And Political Obstacles Ahead

Law360, New York (May 25, 2016, 1:35 PM EDT) -- As oil prices have slowly risen to near $50 a barrel, increasing the prospects for renewed operations in the oil and natural gas fields in the U.S., it is important to consider the implications on the supply of energy in the 21st century of the dramatic increase in domestic production of oil and natural gas, even taking the recent slowdown into consideration. The dramatic growth in production from domestic oil and natural gas sources has reignited calls for the nation to achieve "energy independence," and led to the reconsideration of the ban on the exportation of domestically produced crude oil....

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