Energy Basics Trump Obama/Romney Trade: Q&A with Blackstone's David Foley


"Notable in Foley and Blackstone's energy investing approach is a lack of short-term bets, such as reading tea leaves for election year policy change, and instead, a focus on long-term exploration and development trends that work regardless of who takes the White House."

TheStreet, Antoine Gara

Meaningful discussion on energy policy during the first presidential debate between Barack Obama and Mitt Romney took a back seat to a seemingly endless schooling on taxes, the national debt and the budget deficit.

For energy investors who are looking to invest billions in the sector in coming years, that may be the point.

In late September, TheStreet spoke to David Foley, the head of private equity giant Blackstone's (BX) energy unitócalled Blackstone Energy Partnersóabout how he's looking to invest in the sector given what appears to a big divide between Democrats and Republicans on key issues like regulation, subsidies and how to develop oil, gas and renewable energy resources over the long-term.

Foley, who has been with Blackstone since 1996 and was charged with building the firm's vaunted energy investing unit, repeatedly spoke about how he's looking to make energy investments that aren't contingent on a presidential election outcome or specific promises to change a regulation or subsidy. . .View Full Article

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