Oil-and-gas companies are anticipating a friendlier environment in Washington as the House comes under Republican rule next year, while the clean-energy sector is bracing for a slowdown in the Biden administration’s aggressive push away from fossil fuels.
House Republicans, who gained a slim majority in the midterm elections, are expected to support measures aimed at boosting domestic oil-and-gas production, which they have framed as a matter of national security following supply strains triggered by Russia’s invasion of Ukraine.