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Read the latest insights and analysis from the experts at Oil Change International.
“Legislation to remove crude export restrictions is not needed at this time”
Just as the Republicans seemed to be gaining a head of steam in their efforts to overturn America’s decades-old crude export ban, the White House has announced it would veto any proposals.
Obama Opposes Lifting Crude Export Ban
If nothing else, President Obama’s energy and climate policy is certainly contradictory. Although desperate to have a positive legacy, he has recently been criticised for allowing Shell to drill for oil in the Arctic just days before visiting the Arctic himself to warn about climate change.
Big Oil Sets Up Crude Export Lobby Group
The growing political fight over relaxing America’s decades-old crude export ban intensified at the end of last week, when 14 oil and gas firms set up a lobbying group specifically to push to relax the ban.