U.S. Senator Lisa Murkowski, today announced plans to introduce legislation this year to end the 40-year-old ban on exporting U.S. crude oil. Her remarks were made in Houston during the annual CERAWeek event. “America has entered an era of energy abundance. Imports are down, and so are prices. We are on the verge of being able to help our allies and trading partners with … [Read more...]
U.S. Crude Exports Could Hurt Jones Act Shippers
In early January, Alaska Senator Lisa Murkowski announced her support to help end the prohibition of crude exports from the United States. “We need to act before the crude oil export ban causes problems in the U.S. oil production, which will raise prices and therefore hurt American jobs,” she noted while speaking at the Brookings Institution in Washington. With U.S. oil … [Read more...]
Drillers Seen Gaining From Oil-State Senators Atop Committee
Feb. 11 (Bloomberg) -- They’re senior senators from two of the nation’s top oil-producing states, longtime friends who are about to begin a partnership that has environmentalists uneasy and industry lobbyists counting on a shift in energy policy. Democratic Senator Mary Landrieu of Louisiana will take the gavel at the Senate Energy and Natural Resources Committee as early as … [Read more...]