In an article published in SHALE Oil & Gas Business Magazine on July 24, 2021, Shareholder Gregory Zerzan discusses congressional investigations and how oil and gas companies should prepare for these investigations.
“As long as a congressional committee is duly authorized and acting within the scope of its legislative powers, it has wide latitude to demand information and to call forth witnesses. When a particular business or industry becomes the object of such an investigation, the results can be devastating. For America’s oil and gas producers, there is reason to be concerned that they will soon be in Congress’ crosshairs,” Zerzan said.
While oil and gas companies will likely soon face inquiries into all aspects of their business, there are steps these companies can take to prepare themselves, including establishing strong relationships with policymakers and key staff; identifying Congress’ true interests in conducting an investigation; identifying allies and building coalitions; and honing communications and public relations messages before a crisis erupts.
“Preparing for climate-related investigations now is prudent. Congressional investigations can be daunting, but they don’t have to be disastrous,” Zerzan concluded.
For the full article, you may click here.