The Senate Energy and Natural Resources Committee held hearings April 30 to consider Tristan Abbey as head of the US Energy Information Administration (EIA). The agency could lose up to 100 staffers, leaving energy experts worried about the fate and quality of closely watched reports.
“EIA’s task is essential to making markets work,” Bracewell’s Frank Maisano told Oil & Gas Journal. He expressed concern that steep staff cuts could threaten EIA’s data.
EIA, an independent agency, is respected globally, Maisano noted, with its data used and trusted by traders, companies, and nearly all sectors of the energy industry. “I’m sure there are ways to pare down, but if you want to be energy dominant, you have to have an EIA,” he said.
