Rural & Agriculture Perspectives on Lifting the Crude Oil Export Ban

Energy and the Rural Economy: The Economic Impact of Exporting Crude Oil July 8, 2015 Witnesses: The Honorable David J. Porter (Texas Railroad Commission, Chairman) Mr. Harold Hamm (Continental Energy, Founder/Chairman/Chief Executive Officer) Mr. Terrance A. Duffy (CME Group, Executive Chairman/President) Ms. Kari Bjerke Cutting (North Dakota Petroleum Council, Vice President) Mr. Jamie Webster (IHS,… More »

House E&C Crude Oil Exports Hearing Summary

Executive Summary for the House Subcommittee on Energy and Power Hearing on H.R. 702 – Legislation to Prohibit Restrictions on the Export of Crude Oil July 9, 2015 Witnesses: Mr. Peter Gandalovic (Ambassador to the United States, Czech Republic) Mr. Mark Kreinbihl (Group President, The Gorman-Rupp Company) Commander Kirk Lippold (President, Lippold Strategies) Dr. W…. More »

Crude Oil Exports: Gaining Increased Focus as Production Soars

Today, Senator Murkowski (R-AK) released a report detailing the historic precedent for allowing crude oil exports following the enactment of the Energy Policy and Conservation Act of 1975.  The Senator has been an outspoken advocate for modernizing the nation’s export restrictions for domestically produced crude oil. The issue of crude oil exports is relatively new… More »