There's growing momentum to kill the restriction and a deal could be reached before the end of the year as part of a broader spending and tax bill that's making its way through Congress.
As representatives from around the world work to finalize an agreement in the last few days at the Paris COP21 climate conference, it's important to acknowledge the fact that hydraulic fracturing and the increased use of natural gas has done more to reduce greenhouse gas emissions than any other government scheme or agreement.
US natural gas production in 2015 is expected to reach a record of 79.58 billion cubic feet per day. US oil field production, however, slowed for second month in a row.
"EPA has taken a significant step in the right direction by using its waiver authority to lower ethanol mandates... However, the agency must do more to protect consumers. EPA's final rule relies on unrealistic increases in sales...despite the fact that most cars cannot use them."
The Obama administration is requiring more ethanol be blended into the country's gasoline compared to an earlier proposal, but the increase was widely criticized by renewable fuel and corn producers...
US Senator John Hoeven (MT): "Lifting the U.S. ban on crude oil exports is a smart move that will benefit not only North Dakota, but also our nation and our allies."
When Obama administration representatives arrive in Paris for upcoming global climate discussions, they should emphasize the successful market-driven approach that helped the US lead the world in reducing greenhouse gas emissions...
What was true for Alaska in the 1990s is equally true today for crude oil produced from our country's prolific shale formations. Removing the United States' outdated ban on crude oil exports will help grow our economy
"I don't think this is a decision based of facts. I think it's a decision based on politics," Democratic Sen. Heidi Heitkamp.
One year before Election Day, 71 percent of voters say they are more likely to support a candidate who supports producing more oil and natural gas...