Export ban – Oil & Gas 360

House Republicans launch second probe into Biden’s LNG export ban

March 18, 2024

World Oil (Bloomberg) – House Republicans have launched a second probe of the Biden administration’s move to pause liquefied natural gas (LNG) export approvals, questioning if election-year politics played a role in the decision. The House Committee on Oversight and Accountability is seeking a trove of documents and communications between the Energy Department and key federal agencies as well as

Global Oil Production Represented at 2019 EnerCom Conference is 47% Higher than in 2017 - Oil & Gas 360

United States Crude Exports: Setting Sail in 2016

December 30, 2015

The United States crude export ban was lifted less than two weeks ago, and domestic companies are wasting no time transporting American oil abroad. On December 30, 2015, ConocoPhillips (ticker: COP) and NuStar Energy (ticker: NS) announced its first cargo is expected to complete the loading phase by December 31. The shipment is expected to be the first U.S. crude

Hatch, Barrasso and Enzi Introduce Senate Bill to Stop Frac Regulation Duplicity

Crude Oil Export Ban Expected to be Lifted as Part of $1.15 Trillion Spending Bill

December 16, 2015

4 decades later, the U.S. prepares to lift crude oil export ban The United States Senate has passed a $1.15 trillion omnibus spending bill to keep the U.S. government up and running today. Included in the bill are several provisions concerning energy, one of which will be an end to the more than 40-year old crude oil export ban. The

Bill Lifting Export Ban Passes House of Representatives 249-174

December 3, 2015

Senate vote remains The Republican-controlled U.S. House of Representatives approved a bill set to boost U.S. energy production, lift the four-decade ban on crude oil exports and modernize the electric grid. The House passed the bill 249-174 despite threats from the White House to veto the bill. In addition to allowing U.S. companies to export their crude oil, the bill

Michael Teague, Energy Secretary of Oklahoma, Speaks with OAG360 about Regulations and State Energy Programs

September 24, 2015

The United States technological revolution has made rock stars out of flashy, emerging new plays like the Bakken, Niobrara and Utica. And everybody wants to get in on the next hot area. Oklahoma, on the other hand, is old school. It’s a model of consistency when it comes to United States energy development. The Sooner State has always been among

House Set to Vote on Export Ban in September

September 15, 2015

House Majority Leader expected to announce vote today Oil companies have been pushing hard in the last year to see the end of a four-decade-old ban on the export of U.S. crude oil. “The growing supply of American oil is outpacing domestic demand and needs a new outlet,” said Fred Upton (R-MI), Chairman of the Energy & Commerce Committee in

ETP Simplifies Structure with $20 Billion Sunoco Acquisition

U.S. Loosens Crude Oil Export Ban

August 20, 2015

Crude oil swap with Mexico approved The United States will start to export light crude oil to Mexico as part of a crude oil swap, leading the U.S. another step closer to lifting the ban on exporting crude oil. The deal has already been approved by the Obama administration, although the details about how many barrels will be allowed in

Charif Souki of Cheniere Offers Insight at The Oil & Gas Conference® 20

August 19, 2015

Cheniere’s head gives his unique perspective Charif Souki, CEO of Cheniere Energy (ticker: LNG), presented at lunch during EnerCom’s The Oil & Gas Conference® 20 in Denver, Colorado, today. After his speech, conference attendees asked for Souki’s unique insight into global LNG markets. Questions ranged from progress on the construction of the company’s liquefied natural gas (LNG) project at Corpus

Murkowski Report Suggests Using Executive Power to End Oil Export Ban

June 25, 2015

Senate Committee on Energy & Natural Resources: exempt allies from export ban Senator Lisa Murkowski (R-AK) has been a vocal proponent of lifting the U.S. crude export ban during her time as head of the Senate Committee on Energy & Natural Resources. Recently, Murkowski presented the findings of a report entitled “Rendering Vital Assistance: Allowing Oil Shipments to U.S. Allies,” that

European Emissaries Call for the End of U.S. Export Ban

June 23, 2015

Pennsylvania’s shale gas, affordable prices, preferred over Russian gas Representatives from about 15 European embassies were in attendance during a recent meeting of the Williamsport-Lycoming Chamber of Commerce to discuss lifting the ban of exports of U.S. crude oil and natural gas, and to tour a Halliburton (ticker: HAL) facility in Pennsylvania, reports The PA Media Group. Many of them

Is Canada’s Crude Stored at Cushing Driving Down WTI?

May 29, 2015

Cushing, Oklahoma, is the delivery point for United States West Texas Intermediate crude oil (WTI) traded on the New York Mercantile Exchange (NYMEX) and plays a large part in setting the price of crude oil in the U.S. Storage at the facilities in Oklahoma represent about 60% of all crude oil working storage capacity in the Midwest and about 19%

The E.U. is Lobbying for the U.S. to End the Crude Oil Export Ban

May 19, 2015

The E.U. joins voices calling for an end to the U.S. export ban Many have called for the end of the crude oil export ban from the United States, saying the legislation is a relic of a global energy picture that no longer reflects reality. Among a myriad of financial and business reasons often cited for lifting the ban, research

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