The U.S. Becomes an Energy Superpower
Environmentalists like a good crisis.
Environmentalists like a good crisis.
Last year, when Republicans gained a decisive edge in both houses of Congress, I made predictions as to the six energy-policy changes we could expect—as the two parties have very different views on energy issues.
The decades-old legislation that prevented American producers from exporting oil is officially overturned despite previous presidential threats to veto a bill to lift the oil export ban. That’s good policy. However, to get the support of “reluctant Democrats,” The Economist
Americans are sick of the bickering in Washington and want both parties to cooperate and get something done. Friday, October 9, offered proof that this can still happen. The house passed H.R. 702, the bill to lift the decades old oil export ban—with 26 Democrats joining the majority of Republicans and voting for it.
Representative Mike Conaway (R-TX) urged the end of the oil export ban during Saturday’s GOP Weekly Address. Transcript as Follows: “These days, you’re hearing a lot about America’s energy boom, about how it’s creating jobs and revitalizing industries. Much of
“Whether you support this deal or not, we can all agree that America’s commitment to Israel remains unshakeable. And we will continue—Democrats and Republicans united—to stand with Israel,” says a statement from Senator Brian Schatz (D-HI). Despite widespread opposition from
The Department of Commerce announced this week that U.S. companies can now export some crude oil to Mexico. There is a vigorous debate in Washington over crude oil export policy. Exxon and other industry groups lobbied to remove the prohibition on exporting crude oil.