Congress has agreed up drop the crude oil export ban, but experts say we should not expect the price at the pump to go down any further.
"Right now, there is such an oversupply worldwide, I don’t think there is going to be a demand for U.S. oil exports," Bud Weinstein at SMU's Maguire Energy Institute tells Newsradio 1200 WOAI.
Long term, what it does, he thinks is cement the… Read more »
After years of legislative gridlock on energy policy, Congress is on the verge of approving a historic compromise giving both parties key wins in what has become a ceaseless war of attrition between fossil fuels and renewable interests.
The blockbuster omnibus and tax package that could be signed into law as early as this weekend would repeal the 40-year-old ban on crude oil exports,… Read more »
Today Congressman Henry Cuellar (D-TX-28) made the following statement upon the release of the Omnibus Appropriations act for Fiscal Year 2016. Congressman Cuellar fought to have a provision included that would repeal the longstanding ban on the export of U.S. crude oil.
“The omnibus appropriations package includes a provision I have been advocating for to lift the 1975 prohibition on… Read more »
Reps. Pete Olson (R-TX), Bob Latta (R-OH), Ann Kirkpatrick (D-AZ), and Henry Cuellar (D-TX), today introduced bipartisan legislation that would update how the Environmental Protection Agency (EPA) addresses ozone requirements in the Clean Air Act. EPA recently issued a new standard requiring a reduction in the National Ambient Air Quality Standard (NAAQS) for ozone, from the current level… Read more »
Congressman Henry Cuellar (D-TX-28) has released the following statement on President Obama's decision today to reject the application for the completion of the Keystone XL oil pipeline after years of consideration:
"The Keystone XL is a great opportunity to create thousands of good jobs in a vastly growing energy sector. I greatly disagree with President Obama’s decision to reject the… Read more »
ALEX CROWN
The industry won a major victory when a bill by Rep. Joe Barton, R-Texas, to end the ban passed 261-159, with 26 Democrats joining 235 Republicans in favor. On Wednesday, President Obama’s administration issued a veto threat, so two-thirds of the House and the Senate must back the legislation to override the president.
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“This is a vote to level the playing field… Read more »
Texas congressman receives industry award
SAN ANTONIO -- Congressman Lamar Smith (Republican – Texas, 21st District), chairman of the House Science, Space & Technology Committee, was honored on Monday with the presentation of the “Congressman of the Year Award” by the Texas Alliance of Energy Producers. The award was presented at a South Texas Wildcatters reception hosted by… Read more »
Published on Monday, 12 October 2015 04:56 - Written by Alex Mills, Texas Alliance of Energy Producers
Congressman Henry Cuellar, D-Texas, hosted a meeting in Laredo on Oct. 2 between officials from the governments of Mexico, the United States and Texas to discuss the recent changes in mineral laws in Mexico that will allow investment and development opportunities by companies… Read more »
The U.S. House of Representatives Passes Oil Export Bill; Yeas Insufficient to Override Obama Veto
October 12, 2015 [OPIS] -The U.S. House of Representatives passed a bill Friday to allow exports of alldomestically produced crude oil, but as expected, the yes votes… Read more »
MONDAY, OCTOBER 12, 2015 - 11:35AM
Rep. Lamar Smith, R.-Texas, chairman of the Committee On Science, Space & Technology in the House of Representatives, received the Congressman of the Year award from the Texas Alliance of Energy Producers (Alliance), the oil and natural gas trade association said Oct. 12.
“Chairman Smith has been a tireless worker for sound energy policy as… Read more »
