Dems Seek ‘Comprehensive’ Federal Study of Crude-Oil Exports

Roundtable Discussion on "Expanding Health Care Coverage" Ron Wyden
National Journal
Ben Geman
Feb. 6, 2014, 9:47 a.m.

Two Sen­ate Demo­crats want En­ergy De­part­ment num­ber crunch­ers to launch a broad study of how end­ing the ban on U.S. crude-oil ex­ports would af­fect en­ergy prices and pro­duc­tion levels.

Sen. Ron Wyden, D-Ore., who is out­go­ing chair­man of the Sen­ate En­ergy and Nat­ur­al Re­sources Com­mit­tee, and Sen. Maria Can­t­well, D-Wash., sent a let­ter ask­ing for “com­pre­hens­ive ana­lys­is.” The sen­at­ors’ Feb. 3 let­ter asks the En­ergy In­form­a­tion Ad­min­is­tra­tion, which is the de­part­ment’s in­de­pend­ent stat­ist­ic­al arm, to pre­dict what would hap­pen if “un­lim­ited” ex­ports were al­lowed.

The let­ter from Wyden and Can­t­well, who also sits on the en­ergy pan­el, ar­rives as some ma­jor busi­ness and in­dustry groups are lob­by­ing for the end of dec­ades-old policies that al­low just very small amounts of crude-oil ex­ports. But skep­ti­cism about ex­ports among Demo­crats like Wyden, and in some cases out­right op­pos­i­tion, means that any le­gis­lat­ive changes are quite un­likely any time soon. House Re­pub­lic­ans are still find­ing their way on the top­ic too.

The Sen­ate let­ter ask­ing for new ana­lys­is un­der­scores how the Cap­it­ol Hill battle is in its early phases, and why some ex­port ad­voc­ates hope for near­er-term ad­min­is­tra­tion ac­tions to soften the ban.

Wyden and Can­t­well want re­view of how the ex­ports would af­fect na­tion­al prices for crude oil and re­fined products like gas­ol­ine; pro­duc­tion levels and con­sump­tion; and oth­er factors.

However, ex­port back­ers will get a boost soon be­cause Louisi­ana Demo­crat Mary Landrieu, an in­dustry ally who is more bullish on ex­ports than Wyden, is slated to take over the Sen­ate’s En­ergy Com­mit­tee.

The Sen­ate voted Thursday to con­firm Sen. Max Baucus, D-Mont., to be am­bas­sad­or to China. Wyden is slated to snag Baucus’s Fin­ance Com­mit­tee chair­man­ship, which in turn is ex­pec­ted to put the en­ergy gavel in Landrieu’s hands.

What We're Following See More »
BACKING OUT ON BERNIE
Trump Won’t Debate Sanders After All
2 days ago
THE LATEST

Trump, in a statement: “Based on the fact that the Democratic nominating process is totally rigged and Crooked Hillary Clinton and Deborah Wasserman Schultz will not allow Bernie Sanders to win, and now that I am the presumptive Republican nominee, it seems inappropriate that I would debate the second place finisher. ... I will wait to debate the first place finisher in the Democratic Party, probably Crooked Hillary Clinton, or whoever it may be.”

AKNOWLEDGING THE INEVITABLE
UAW: Time to Unite Behind Hillary
3 days ago
THE DETAILS

"It's about time for unity," said UAW President Dennis Williams. "We're endorsing Hillary Clinton. She's gotten 3 million more votes than Bernie, a million more votes than Donald Trump. She's our nominee." He called Sanders "a great friend of the UAW" while saying Trump "does not support the economic security of UAW families." Some 28 percent of UAW members indicated their support for Trump in an internal survey.

Source:
AP KEEPING COUNT
Trump Clinches Enough Delegates for the Nomination
3 days ago
THE LATEST

"Donald Trump on Thursday reached the number of delegates needed to clinch the Republican nomination for president, completing an unlikely rise that has upended the political landscape and sets the stage for a bitter fall campaign. Trump was put over the top in the Associated Press delegate count by a small number of the party's unbound delegates who told the AP they would support him at the convention."

Source:
TRUMP FLOATED IDEA ON JIMMY KIMMEL’S SHOW
Trump/Sanders Debate Before California Primary?
3 days ago
THE LATEST
CAMPAIGNS INJECTED NEW AD MONEY
California: It’s Not Over Yet
3 days ago
THE LATEST

"Clinton and Bernie Sanders "are now devoting additional money to television advertising. A day after Sanders announced a new ad buy of less than $2 million in the state, Clinton announced her own television campaign. Ads featuring actor Morgan Freeman as well as labor leader and civil rights activist Dolores Huerta will air beginning on Fridayin Fresno, Sacramento, and Los Angeles media markets. Some ads will also target Latino voters and Asian American voters. The total value of the buy is about six figures according to the Clinton campaign." Meanwhile, a new poll shows Sanders within the margin of error, trailing Clinton 44%-46%.

Source:
×