Attorney: Wind energy, oil should be united focus
Less than 60 days into the new administration, all eyes are on Washington, D.C., to see how the new president’s policies on energy will take shape. McAfee & Taft energy lawyer Tracy Poole was interviewed by the Tulsa Business and Legal News on his take on the situation and how those policies will affect both the traditional oil and gas industry and the renewable and sustainable energy industry.
“I believe it will be a hands-off approach, which generally is good for the fossil fuel industry, but this also is a wait-and-see time,” said Poole. “One of the first administration statements was positive for renewables. So far we think it will be supportive of all energy and generally good for Oklahoma.”
Poole acknowledges that while tensions have arisen between the fossil fuel and wind power producers who compete for the same space, he believes the two can and should co-exist.
The article noted that, according to a Southwest Power Pool report, Oklahoma produces more than 50 percent of the electricity on a daily basis to the state and parts of surrounding states, including Arkansas, Kansas, Louisiana, and Missouri.