鶹ýӳ

Skip to main content

Bipartisan legislation: the vote on crude oil

Published by , Editor
World 鶹ýӳ,


Bipartisan legislation approved by the Senate Banking, Housing, and Urban Affairs Committee could save consumers money and create jobs by lifting 1970s era restrictions on crude exports, as stated by API.

鶹ýӳBipartisan consensus continues to grow as lawmakers recognise that crude exports will unlock savings for US consumers and create jobs,鶹ýӳ said API Executive Vice President Louis Finkel. 鶹ýӳWith Iranian exports on the horizon, America would be the only major oil producer without access to global markets. This legislation would put US workers on a level playing field and provide US allies with a reliable alternative source of energy.

鶹ýӳThe administration鶹ýӳs own analysis by the US Energy Information Administration confirms that exports of crude oil will drive economic gains for US consumers and workers. The time to act is now, and we urge leaders in the Senate to work closely with their house colleagues who may vote on exports next week and accelerate America鶹ýӳs rise as an energy superpower.鶹ýӳ

Edited from source by

Read the article online at: /business-news/02102015/bipartisan-legislation-the-vote-on-crude-oil/

You might also like

 

 The World 鶹ýӳ Podcast

A podcast series for energy professionals featuring short, insightful interviews with experts who can shed light on topics that matter to you and your business. Subscribe on your favourite podcast app to start listening today.

     

 

 
 

Embed article link: (copy the HTML code below):