The U.S. shale energy revolution is a game-changer – for the United States and the world’s energy balance. The U.S. has become the No. 1 producer of oil and natural gas, resulting from a domestic energy renaissance driven by advanced hydraulic fracturing and horizontal drilling – fracking. And the positive impacts are all around us.… Keep reading →
It’s good that Congress appears to be talking seriously about ending the United States’ four-decades-old ban on crude oil exports. Reports say Democrats and Republicans are discussing a deal that would include lifting the export ban – though it’s unclear what a specific deal would look like. “We need to have a conversation” about oil… Keep reading →
U.S. Customs and Border Protection expanded U.S.-flag requirements in a recent ruling requiring shippers to use costly U.S.-flag vessels.
Interesting analysis on energy independence in the Wall Street Journal by Columbia University’s Jason Bordoff, a former energy adviser to President Obama. It’s a good thing the United States isn’t energy independent, Bordoff writes. That’ll get your attention, right? As Bordoff explains, “energy independence” is a dusty concept from the 1970s and 80s, after policymakers made… Keep reading →
When the Energy Policy and Conservation Act was signed into law by President Gerald Ford in 1975, Ford said it would put the United States “solidly on the road to energy independence.” The legislation included a ban on most exports of domestically produced crude oil. For many, shutting in domestic oil production – effectively self-sanctioning… Keep reading →
Lacking factual, substantial reasons for keeping the United States’ antiquated ban on crude oil exports, those who oppose letting U.S. crude reach the global marketplace are left to make a non-factual, unsubstantial case instead. In a letter to the editor in the New York Times, the Sierra Club’s Michael Brune offers up a couple of… Keep reading →
The question Americans should be asking right now: Why is the Obama administration actively working to clear the way for Iran to resume trading its crude oil on the global market while it opposes legislation that would do the same for U.S. oil? It’s a great question for which the administration can offer no good… Keep reading →
Last week’s bipartisan U.S. House vote to end America’s 1970s-era ban on crude oil exports is stirring needed debate over U.S. energy and trade policy as the exports issue advances in Congress. Unfortunately, much of the conversation remains focused on the wrong things. For example, export opponents continue to say the United States shouldn’t export… Keep reading →
Signifying a historic shift in U.S. energy policy, the House of Representatives passed legislation on October 9 that would lift the nearly 40-year ban on crude oil exports by a vote of 261 to 159.
The U.S. House has an important vote scheduled for Friday on legislation that would lift the 1970s-era ban on domestic crude oil exports. It’s an historic chance for U.S. policymakers to affirm that America’s energy picture is fundamentally and dramatically improved from where it was four decades ago – thanks to surging domestic production that… Keep reading →
