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

Roundtable Discussion on "Expanding Health Care Coverage" Ron Wyden
National Journal
Ben Geman
Add to Briefcase
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 »
TRUMP CANCELS FLORIDA TRIP
Congress Heads Back to Work to End Shutdown
1 hours ago
THE LATEST

"The Senate was expected to be back in session at noon, while House lawmakers were told to return to work for a 9 a.m. session. Mr. Trump on Friday had canceled plans to travel to his private resort on Palm Beach, Fla., where a celebration had been planned for Saturday to celebrate the anniversary of his first year in office."

Source:
CLOTURE FAILS
Government Shutdown Begins, as Senate Balks at Stopgap
4 hours ago
THE LATEST

"A stopgap spending bill stalled in the Senate Friday night, leading to a government shutdown for the first time since 2013. The continuing resolution funding agencies expired at midnight, and lawmakers were unable to spell out any path forward to keep government open. The Senate on Friday night failed to reach cloture on a four-week spending bill the House had already approved."

Source:
HUNDREDS OF THOUSANDS IN SUSPICIOUS CHECKS FLAGGED
Mueller’s Team Scrutinizing Russian Embassy Transactions
2 days ago
THE LATEST
PRO-TRUMP SPENDING COULD VIOLATE FECA
FBI Investigating Potential Russian Donations to NRA
2 days ago
THE DETAILS

"The FBI is investigating whether a top Russian banker with ties to the Kremlin illegally funneled money to the National Rifle Association to help Donald Trump win the presidency." Investigators have focused on Alexander Torshin, the deputy governor of Russia’s central bank "who is known for his close relationships with both Russian President Vladimir Putin and the NRA." The solicitation or use of foreign funds is illegal in U.S. elections under the Federal Election Campaign Act (FECA) by either lobbying groups or political campaigns. The NRA reported spending a record $55 million on the 2016 elections.

Source:
DISCLOSURES MORE THAN DOUBLED
Mueller Investigation Leads to Hundreds of New FARA Filings
2 days ago
THE LATEST

"Hundreds of new and supplemental FARA filings by U.S. lobbyists and public relations firms" have been submitted "since Special Counsel Mueller charged two Trump aides with failing to disclose their lobbying work on behalf of foreign countries. The number of first-time filings ... rose 50 percent to 102 between 2016 and 2017, an NBC News analysis found. The number of supplemental filings, which include details about campaign donations, meetings and phone calls more than doubled from 618 to 1,244 last year as lobbyists scrambled to avoid the same fate as some of Trump's associates and their business partners."

Source:
×
×

Welcome to National Journal!

You are currently accessing National Journal from IP access. Please login to access this feature. If you have any questions, please contact your Dedicated Advisor.

Login