Global Energy Agenda

May 7, 2026

Bob McNally

Bob McNally is the founder and president of Rapidan Energy Group, a Washington, DC-based energy market, policy, and geopolitical risk firm. He served as White House energy adviser to President George W. Bush on the National Security and National Economic Councils. This essay is part of the 2026 Global Energy Agenda.

The Iran war has produced the largest energy disruption in history and it is still unfolding. While the war’s ultimate impact will depend mainly on how it ends, the record already reveals some US energy policy decisions that proved wise and others that did not. Assessing successful strategies along with missteps will help the United States build a more energy-secure world in the future.