Abstract
For decades, oil and gas development in the Gulf of Mexico represented a model of political and regulatory predictability for all the world – companies knew that regardless of which party held power, following the rules meant projects could move forward. Today, that certainty has vanished, with each new administration seemingly determined to reverse course on energy priorities. This volatility creates massive challenges for industries where planning horizons stretch decades beyond presidential terms.
In this episode, hosts Jim Bennett and Ian Voparil are joined by Jon Hrobski, Policy Director at Brownstein Hyatt Farber Schreck, to dive deep into how political volatility has reshaped America's energy landscape and what it means for our offshore future.
Uncertainty affects capital investment. When offshore projects require billions in upfront investment and years of development before Forst Oil or First Electron, companies must factor in political risk. This political risk was once minimal in U.S. energy markets but has become a major consideration, potentially driving investment to more predictable regions.
Come listen and see how we can keep responsible, resilient development offshore moving forward.