Tag: US Crude
Pioneer Natural Resources reacts to lifting of the crude oil export ban
Europe, Asia and Latin America are potential markets for U.S. crude oil exports The American oil industry and its supporters are applauding the passage of legislation to end the 40-year old crude oil export ban and forecasting significant benefits for consumers and businesses alike. One of the strongest criticisms of the ban, enacted in the […]
Bill to lift US crude oil export ban approved despite White House opposition
US crude oil export ban began in the 70’s WASHINGTON – Defying a White House veto threat, the Republican-controlled House on Friday approved a bill to lift a 40-year-old U.S. ban on crude oil exports. The House approved the bill on a 261-159 vote. Supporters said an ongoing boom in oil and gas drilling has made the […]
Connect
Connect with us on the following social media platforms.