Scalia’s Replacement Will Impact Industry

The sudden death of Supreme Court conservative, Antonin Scalia, and his potential replacement may have a significant impact on the energy industry. There is some speculation that President Obama may nominate, Appeals court judge, Sri Srinivasan, who has strong pro-business credentials and a “stellar resume”. While in private practice, Srinivasan represented several oil company clients in U.S. court cases. Recent Supreme Court appointments have tended to be appeals court judges and the appeals court in Washington on which Srinivasan serves has often been a springboard to the high court. The White House has a number of potential names to consider. The Republicans are expected to block any nominate put forward by President Obama.