Reince Priebus Returns to Michael Best

by Denise A. Bode

In lieu of the regular blog, below is the release by our firm regarding the return of former partner Reince Priebus to the Michael Best family of firms. But as a personal observation, I think it should be remembered that on his watch at the White House, the Administration took on the most significant regulatory reform initiative since the administration of President Ronald Reagan. It began the first day President Trump was in office with a letter to the entire Executive Branch from the Chief of Staff on behalf of the President.  Regulatory reform for both large and small will be one of the hallmarks of the Trump Administration and he played an important role in that work. – Denise Bode

“Former White House Chief of Staff Reince Priebus is returning to Michael Best & Friedrich LLP as President and Chief Strategist as well as Chair of the Board of Advisors for Michael Best Strategies LLC, the firm’s government relations and public affairs group. It was also announced today that Priebus is joining the Washington Speakers Bureau as one of their exclusive speakers.

Priebus previously worked for Michael Best for more than a decade until 2011. In his new role, Priebus will bring his unique understanding of federal, state, and local issues to advise and counsel the firm’s Washington, D.C. office.

“Michael Best is where my career began, and I’m excited to rejoin the firm in a full-time capacity to lead its growth,” Priebus said. “In the past few years, the firm’s leadership has taken an impressive, forward-looking approach. I’m looking forward to this homecoming and applying what I’ve learned inside the Beltway to help Michael Best achieve even greater heights.”

Priebus most recently served in the role of White House Chief of Staff to President Trump, playing the critical function of supporting the President, managing White House staff, and working collaboratively with Members of Congress and other key policymakers and stakeholders in advancing the President’s agenda. Prior to his tenure with the Trump Administration, Priebus served three two-year terms as Chairman of the Republican National Committee (RNC) for six years, becoming one of the longest serving and most successful chairmen in party history.

“I’ve long been proud to call Reince a friend, and I’m happy to once again call him a colleague here at Michael Best. His admirable service in Washington is a testament to his strong work ethic, outstanding judgment, and commitment to the American people,” said Firm Managing Partner, David Krutz. “I’m confident Reince will make a significant impact on Michael Best’s growth and long term trajectory.”

Strategies President Rob Marchant added, “As one of the nation’s fastest-growing government relations and public affairs firms, Strategies will derive great benefit from Reince’s vast experience in both government and business. I look forward to welcoming him back to the Michael Best family of companies, and collaborating with him on Strategies’ long-term path to even greater success.”

Priebus was raised in Kenosha, Wisconsin. His political roots in the state of Wisconsin run deep, serving as Chairman of the Republican Party of Wisconsin. He served as general counsel to the RNC, until 2010 when he ran for chairman of the RNC.

As chairman of the RNC, Priebus worked closely with leaders in the private and public sectors of all 50 states. He possesses a distinct understanding of the challenges and opportunities facing Americans across the country, and he knows how to get Washington to work together and get things done.

During his previous tenure with Michael Best, Priebus became a partner in 2006 in the firm’s Litigation and Corporate Practice Groups, while also serving as co-chair of the firm’s government and public policy team. After he became RNC chair in 2011, Priebus took a leave of absence, until January 1, 2017, when he assumed the role of White House Chief of Staff.”












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                  FROM THE CHART ROOM

                  China Leads Global Projections for Demand for Natural Gas



                  Global natural gas consumption is expected to grow from 340 billion cubic feet per day (Bcf/d) in 2015 to 485 Bcf/d by 2040, primarily in countries in Asia and in the Middle East, based on projections in EIA’s latest International Energy Outlook 2017. China accounts for more than a quarter of all global natural gas consumption growth between 2015 and 2040.  The projected growth in natural gas consumption in China is driven by environmental policies, relative cost competiveness of natural gas in the industrial and transportation sectors, and relatively high economic growth.

                  China’s environmental policies are designed to reduce air pollution and carbon emissions by promoting natural gas in the country’s energy mix—replacing some coal and oil use with natural gas. In China’s 13th Five-Year Plan and the latest Energy Production and Consumption Revolution Strategy (2016-30), the Chinese government set targets to increase the share of natural gas in the primary energy mix from 5.9% in 2015 to 10% by 2020 and 15% by 2030.

                  EIA projects China’s natural gas consumption to grow from 19 Bcf/d in 2015 to 57 Bcf/d in 2040, surpassing all other countries except the United States

                  China’s domestic natural gas production reached 13 Bcf/d in 2016, accounting for 64% of China’s total natural gas supply. The IEO2017 Reference Case projects that China’s domestic natural gas production will reach 39 Bcf/d by 2040, driven primarily by the development of shale gas resources. EIA estimates that China holds the largest reserves of technically recoverable shale gas in the world, and China was among the first countries outside of North America to develop its shale resources.

                  China’s pipeline imports increased to 3.7 Bcf/d in 2016, accounting for 19% of the total natural gas supply. China began importing natural gas by pipeline from Turkmenistan in 2010 and has since begun importing natural gas from Uzbekistan, Kazakhstan, and Myanmar. EIA expects natural gas imports from Russia on the new 3.7 Bcf/d Power of Siberia pipeline to begin in late 2019.  Link to EIA



                  Michael Best Strategies’ Energy Team

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