But make no mistake, even U.S. refiners are switching sides in this argument.
Why No Blanket Repeal of the Oil Export Ban?
Barrel Russell, president of the Unbiased Petroleum Affiliation of America, stated the choice is a towards a full repeal of a U.S. crude oil export ban enacted within the 1970s. Exporting light crude would be a boon to not only those Texas producers in the Permian… Read more »
Today, the United States Department of Commerce announced the approval of licenses for swaps of U.S. light crude oil in exchange for imports of heavy Mexican crude oil.
Currently, the United States is prohibited from exporting its crude oil due to a crude oil export ban that was established in 1975 and has since hindered the American energy market in light of great advancements in… Read more »
The Obama administration will allow limited sales of U.S. crude toMexico for the first time, a senior administration official told Reuters, marking another milestone in loosening a contentious ban on exporting domestic oil.
The Commerce Department is "acting favorably on a number of applications" to export U.S. crude in exchange for imported Mexican oil, the official said. Such oil… Read more »
Apparently deciding that approaching President Obama directly on the matter of oil exports would be a waste of time the Laborers’ International Union and the International Union of Operating Engineers (both Obama supporters) wrote a letter to Congress instead, urging them to lift the ban on exporting crude oil.
Said the letter:
Opening global markets to U.S. producers will… Read more »
The timing may never be better. Oil prices are low, the U.S. has something of a surplus and everyone acknowledges the need for more trade. Now is the time to lift the outdated oil export ban.
GOP Congressman Joe Barton and Democrat Congressman Henry Cuellar make that case in Roll Call.
“The advantages of lifting the ban on crude oil exports are not just theoretical talking points… Read more »
El rector de la Universidad Autónoma de Tamaulipas (UAT), Enrique Etienne Pérez del Río, reafirmó la vinculación académica y de servicios con el activo integral Burgos de Petróleos Mexicanos, fortaleciendo en estas acciones la contribución de la casa de estudios con la agenda energética del estado.
Lo anterior lo destacó el máximo directivo de la UAT tras asistir a las jornadas técnicas… Read more »
Congressman Will Hurd (R-Helotes) told a group of South Texas businessmen the success of the oil and natural gas industry in the United States is a matter of national security.
Hurd made his remarks before a crowd of 200 people attending the Eagle Ford Consortium Conference in San Antonio on Thursday morning.
"American energy security isn't just about securing… Read more »
U.S. Rep. Mike Conaway on Monday unveiled legislation to end the 40-year ban on exporting domestic crude.
The Midland Republican, along with U.S. Rep. Henry Cuellar, D-Texas, introduced HR 2369, the Energy Supply and Distribution Act that aims to end the 40-year ban on oil exports. It serves as companion legislation to SB 1312, filed last week by U.S. Sen. Lisa Murkowski,… Read more »
For the past few months, we've put a call out on Opinion pages for writers who are interested in writing for us regularly via our Board of Contributors. Today, we are pleased to announce the 20 who have been selected to serve on this inaugural board, listed below.
All come from different industries and vocations and have varied interests and hobbies. In our first group meeting on… Read more »
