Buddy Clark in Dallas Business Journal: Impact of Shale Gas Boom Shaping Energy Law

06/23/2012


As the industry goes, so goes the law governing it, energy lawyers say. Consequently, much of the legal trends in the space are being dictated by an unexpected abundance of shale gas and its depression on natural gas prices.

Buddy Clark, head of the energy practice at the Haynes and Boone, LLP law firm in Houston, said the discovery has shifted the paradigm of how businesses engage in the commodities market.

"The low-price environment for natural gas is creating an entire sea change, not only in oil and gas production, but whether it will be shipped to other markets or converted into power," Clark said.

Excerpted from Dallas Business Journal, June 23, 2012. To view full article, click here (subscription required).

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