Legislative efforts to lift restrictions on the export of U.S. crude oil continue to progress, but are expected to meet with staunch Presidential opposition. On October 9, 2015, the full U.S. House of Representatives considered and decided in a 261/159 bipartisan vote to pass H.R. 702 – To adapt to changing crude oil market conditions, … Continue reading
Modification of the U.S. policy restricting exports of domestic crude oil has been at the forefront of energy policy discussion due to the country’s recent emergence as a leader in oil and natural gas production. Committees of both the U.S. Senate and U.S. House have initiated and passed legislation seeking to lift the longstanding restrictions … Continue reading
Rapidly changing global energy dynamics, particularly the dramatic decline in crude oil prices, have left many struggling to predict what the fall out will be – on energy prices, American energy companies and workers, and nations heavily dependent upon oil exports. Despite falling oil prices, U.S. crude oil production is currently on the rise. The … Continue reading
The capability of the U.S. to enter the global energy market as a net natural gas exporter has been the subject of much discussion, given the number of years that applications seeking approval to export liquefied natural gas (“LNG”) to countries that do not have a free trade agreement with the U.S. (“non-FTA countries”) have … Continue reading
Shortly after finalizing its revised procedures for reviewing pending liquefied natural gas (“LNG”) export applications, the Department of Energy (“DOE”) issued final authorizations for two facilities to export LNG to countries that do not have a Free Trade Agreement with the United States (“non-FTA countries”). You can read our previous post for details regarding changes … Continue reading