Despite signaling earlier this year that President Obama would veto bills repealing the current ban on exporting crude oil produced in the United States, the administration has since walked back that position. Yesterday, Politico reported (subscription required) that White House spokesman Josh Earnest declined to rule out lifting the ban in exchange for other administration …
Tag: exports
Senators speak out for LNG exports, bring in big bucks from oil and gas industry
As the west scrambles for a geopolitical response to Russia’s play for the Crimean peninsula, advocates for the oil and gas industry have used the situation to redouble the push to export liquefied natural gas (LNG). Framing the issue as a matter of protecting a fledgling democracy and ensuring security for United States allies, oil- …