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Biden time: New US policies for oil and gas

March 31, 2021

RESEARCH REPORT

In brief

Those that correctly target their response to the new agenda will be the likely leaders in the energy transition—for the next four years and beyond.

Brace for impact

Driving a sustainable economic recovery through equitable job creation.

Achieving a 100 percent clean energy economy with net-zero emissions by 2050.

Impact on markets

Impact on competitiveness

Impact on oil and gas operations

Increase collaboration

To offset the pending rise in operating costs and tariffs, all players should look for opportunities to come together to reduce expenses.

Rebalance portfolios

Success in O&G will be measured by value created—not by the volumes of oil and gas produced.

Boost digital investments

To offset some of the industry costs associated with the policies, companies should accelerate their investments in digital technologies and AI.

Meet the moment

About the Authors

Rami ElDebs

Managing Director – Strategy & Consulting, Energy


SHREYA MEHENDALE

Senior Manager – Strategy & Consulting, Energy


Lasse Kari

Senior Principal – Accenture Research, Energy


BEN CAREY

Managing Director – Strategy & Consulting, Energy


Vivek Chidambaram

MANAGING DIRECTOR – STRATEGY & CONSULTING, ENERGY


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