The energy markets recently have been more active than usual. With the next election just around the corner, bills are being proposed that will end up being passed depending on which side ends up winning America’s vote. While both sides can agree that we need to practice better conservation and efficiency, there naturally are disagreements as to how this is best done.
An example of this movement is the House’s recent passing of a Republican backed energy policy reform package, whose goal is to enhance the grids infrastructure, improve cybersecurity, and reduce federal energy regulations. Since there have been no changes to the laws and regulations since 2007, we’re long overdue, given how much has changed in the energy market over that period of time. This reform package is receiving resistance among Democrats after initial early support, due to some new provisions being added to the bill that they can’t support.