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Tag Archives: Fred Upton

What would it take to free U.S. oil exports?

WASHINGTON – Lawmakers pushing to repeal the 1970s-era ban on U.S. oil exports face a steep obstacle: The Obama administration sees no need to fully remove the restriction while the country is still importing part of its oil supply. And many politicians are wary of a voter backlash if gasoline prices go up just as they open the door to ...

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What could save the boom? Energy leaders call for crude exports

With prices low and production high, businesses are pushing with new vigor in efforts to lift the ban America has over exporting crude petroleum. Most recently, ConocoPhillips Chairman and CEO Ryan Lance spoke at the U.S. Chamber of Commerce Tuesday on the matter. According to a news release from ConocoPhillips, Lance delivered his speech, “American Energy: Keeping the Momentum Going,” ...

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Rep. Upton: Cut federal restrictions on drilling

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Shane Thielges | Shale Plays Media An article by House Energy and Commerce Committee Chairman Fred Upton, R-Mi., on CNBC today says it’s high time Americans started seeing lower gas prices from the shale boom. Upton says the boom has paid off in decreased imports and prices that have remained relatively steady amid violence in Eastern Europe and the Middle ...

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