Introduction
On August 8, 2005, the Energy Policy Act of 2005 (Act) was enacted. It has been almost 13 years since the enactment of major energy legislation. The primary concern driving the Act is the belief that the United States needs an assured domestic fuel and energy supply, particularly in the face of gasoline prices at historic highs.
Thelen Reid’s Energy Policy and Regulatory Group believes that this Act and its policies are certain to have a significant impact on energy industry participants. With this in mind, we have prepared this Executive Summary to provide an overview of certain provisions of the Act and our team’s analysis.
This summary is intended to provide a brief synopsis of the Act and its possible ramifications....
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