On Monday, Jan. 18, 2021, Phillips Murrah Director Jim Roth was featured as a source in the USA Today energy article titled “Biden’s administration could affect Oklahoma’s energy industry in surprising ways.”
From the article:
Presidential administrations and Congresses throughout the past 40 years undoubtedly worked to nudge the nation’s energy and climate-related policies one way or another.
Debates about ways to support the energy industry both in Oklahoma and across the nation have been part of every presidential and congressional election since the 1980s, and subsequent governmental actions have prompted applause or angst as they have helped or hurt energy production along the way.
That’s no surprise. While the number of Oklahomans employed by oil and gas companies in the state is relatively small, the industry’s impact on the overall health of the state’s economy and the services provided by state and local governments is huge.
Roth is referenced and quoted after after remarks by Mike Cantrell, co-chairman of the Oklahoma Energy Producers Alliance.
“I have done my fair share of that, looking back and asking whether or not the positions I took were right,” Cantrell said. “The question is, should we have let the marketplace decide?”
His thoughts are similar to those of Jim Roth, an attorney who is the dean of Oklahoma City University’s School of Law and a past Oklahoma Corporation Commissioner.
Roth said past Congresses and administrations indeed have been able to influence rises and falls in domestic energy production through regulatory and tax-related policies.
“But there are market forces that are evolving, regardless who is in control,” Roth said.
To read the entire story, click HERE.