"We will not allow our country ever to be at the mercy of commodity price volatility or external markets," Deputy Crown Prince Mohammed bin Salman said.
Big Oil Argued for U.S. Crude Exports to Fend Off Iran, But First Exporter Vitol Group Also Exported Iran's Oil
The American Petroleum Institute (API) successfully lobbied for an end to the 40-year ban on exporting U.S.-produced crude oil in part by making a geopolitical argument: Iran and Russia have the ability to export their oil, so why not unleash America?
A document published by the Public Relations Society of America, discovered by DeSmog, reveals that from the onset of its public relations campaign, the oil industry courted mainstream media reporters to help it sell the idea of lifting the ban on crude oil exports to the American public and policymakers.
Extend the tax credits for clean energy, finally, Congress did, locking in incentives for both wind and solar through the end of the decade -- a gift that will keep giving to protect our air and our climate in many seasons to come.
The ongoing push to lift the ban on exports of U.S.-produced crude oil appears to be coming to a close, with Congress agreeing to a budget deal with a provision to end the decades-old embargo.
In a sentence buried at the very bottom of a story making headlines nationwide, Politico revealed for the first time one of the funders of Columbia University's influential Center on Global Energy Policy (CGEP).
Oil companies are lobbying hard right now to get Washington politicians to lift the country's decades-old ban on oil exports. This week, as we reflect on Superstorm Sandy and the devastation it brought to the East Coast three years ago, we're pushing Congress to keep the ban in place, for the sake of the climate and our coastal communities.