Lisa Murkowski

The Changing Energy Landscape: What's the New Normal?

Brian Sullivan, Greg Beard, Lisa Murkowski, Michael Smith, William Sonneborn

Following a historic shift to unmanaged global oil markets and a severe budgetary crisis in producing states, industry leaders from Apollo Global Management and Freeport LNG outlined a strategy focused on acquiring distressed assets at significant discounts while bypassing unprofitable U.S. renewables. Despite widespread corporate distress and regulatory hurdles, the panel projects a future energy mix reliant on a "smorgasbord" of sources, including natural gas and emerging market infrastructure, as domestic critical mineral independence becomes paramount. Strategic consensus among these key figures emphasizes asset-specific underwriting over broad baskets, aiming to capitalize on an eventual price recovery to $75–$80 per barrel driven by long-term supply deficits.