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Tag Archives: U.S. oil export ban

Oil export ban in play in final-stage talks on budget deal

FILE - In this May 9, 2012 file photo, a drilling rig is seen near Kennedy, Texas. The four-decade-old ban on exporting crude oil may end up getting lifted in a must-pass year-end spending bill lawmakers are scrambling to complete. Lifting the ban is a top ask for GOP negotiators working on the sprawling legislation. In return, Democrats are seeking various environmental priorities, including making permanent tax credits for solar and wind energy production. (AP Photo/Eric Gay, File)

WASHINGTON — Congressional negotiators and the White House closed in on a deal late Monday on a $1.1 trillion government-wide spending bill to stave off a shutdown, and a tax package extending dozens of breaks. In a Monday evening conference call among House Republicans, Speaker Paul Ryan said bargainers were close to agreements on the spending and tax measures that he ...

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ND delegation applauds House vote to lift ban on oil exports

BISMARCK, N.D. — Members of North Dakota’s congressional delegation are pleased the U.S. House has approved a bill to lift a 40-year U.S. ban on crude oil exports. The Republican-controlled House approved the measure Friday despite a White House veto threat. U.S. Rep. Kevin Cramer voted for the proposal. The Republican from oil-rich North Dakota says the U.S. should use ...

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Clinton would support end to oil export ban only with concessions

Durham, N.H. – Democratic presidential candidate Hillary Clinton said on Friday she would support lifting the 40-year-old U.S. ban on crude exports only if the measure included concessions from the oil and gas industry to move toward cleaner energy. Clinton said she had not yet seen any legislation on lifting the ban that included concessions from the fossil fuel industry, ...

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Top 5 Bakken stories of the week

Here are the top five stories from Bakken.com for the week of September 12th through the 18th. Enjoy! 5. North Dakota may let more oil wells be temporarily idled WILLISTON, N.D. – North Dakota’s oil regulators said on Monday they may allow more wells to be temporarily abandoned, a step that would permit producers to delay fracking beyond the typical ...

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U.S. Senator Murkowski plans bill to kill oil export ban

WASHINGTON – U.S. Senator Lisa Murkowski said on Thursday she will unveil a bill next week to reverse the U.S. oil export ban in an effort to build support for killing the 1970s-era restriction that drillers say threatens to choke the domestic energy boom. Murkowski, the Republican chairwoman of the Senate Energy and Natural Resources Committee, said she will unveil ...

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