{"id":1081779,"date":"2021-12-03T19:28:36","date_gmt":"2021-12-04T00:28:36","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1081779"},"modified":"2021-12-03T19:28:41","modified_gmt":"2021-12-04T00:28:41","slug":"dozens-of-republicans-slam-biden-administration-for-considering-crude-oil-export-ban","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dozens-of-republicans-slam-biden-administration-for-considering-crude-oil-export-ban\/","title":{"rendered":"Dozens Of Republicans Slam Biden Administration For Considering Crude Oil Export Ban"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fdozens-of-republicans-slam-biden-administration-for-considering-crude-oil-export-ban%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1081779&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><ul>\n<li><strong>A large group of House Republicans penned a letter to top Biden administration officials Friday, urging them not to ban U.S. crude oil exports.<\/strong><\/li>\n<li><strong>\u201cPresident Biden\u2019s war on American energy continues with his Administration\u2019s latest discussions to reinstate the export ban on crude oil, which was repealed in 2015 on a bipartisan vote,\u201d Texas Rep. Roger Williams said in a statement.<\/strong><\/li>\n<li><strong>Global analytics and research firm IHS Markit said an export ban would increase gasoline prices, not lower them.<\/strong><\/li>\n<\/ul>\n<p>A large group of House Republicans penned a letter to top Biden administration officials Friday, urging them not to ban U.S. crude oil exports.<\/p>\n<p>The GOP lawmakers, led by Texas Reps. Roger Williams and August Pfluger, said the move would be a \u201ccatastrophic mistake\u201d and further exacerbate high energy prices in the <a href=\"https:\/\/williams.house.gov\/sites\/williams.house.gov\/files\/Letter%20on%20Biden%20Administration%27s%20Crude%20Export%20Ban.pdf\">letter<\/a> addressed to Energy Secretary Jennifer Granholm and Commerce Secretary Gina Raimondo. The congressmen noted that a previous crude oil export ban had been opposed by Democrats and Republicans alike.<\/p>\n<p>\u201cPresident Biden\u2019s war on American energy continues with his Administration\u2019s latest discussions to reinstate the export ban on crude oil, which was repealed in 2015 on a bipartisan vote,\u201d Williams said in a <a href=\"https:\/\/williams.house.gov\/media-center\/press-releases\/rep-williams-on-biden-administration-s-latest-attack-on-american-energy\">statement<\/a>.<\/p>\n<p>\u201cBanning crude oil exports from the U.S. would be a catastrophic mistake that will harm the livelihoods of blue collar workers in the Permian Basin and result in higher prices for international crude, giving Russia more profits,\u201d Pfluger added. \u201cUS energy policy should put Midland over Moscow. Even more, an export ban will lead to even higher costs for American families down the line.\u201d<\/p>\n<p><a href=\"https:\/\/www.govtrack.us\/congress\/bills\/94\/s622\/text\">Under<\/a> the Energy Policy and Conservation Act, the U.S. <a href=\"https:\/\/www.gao.gov\/products\/gao-21-118#:~:text=The%20repeal%20of%20the%20ban,to%20comparable%20foreign%20crude%20oi\" target=\"_blank\" rel=\"noopener noreferrer\">effectively banned<\/a> all crude oil exports between 1975-2015. The ban was <a href=\"https:\/\/ballotpedia.org\/Crude_oil_export_ban\">reversed<\/a> in December 2015 in an appropriations bill signed by former President Barack Obama. <strong><a href=\"https:\/\/dailycaller.com\/2021\/12\/03\/democrats-oil-gas-industry-investigation-emissions-methane\/\">(RELATED: Democrats Launch Another Probe Into Fossil Fuel Industry Over Emissions Data)<\/a><\/strong><\/p>\n<p>But Deputy Energy Secretary David Turk confirmed on Wednesday that the White House is actively considering a fresh oil export ban, Reuters <a href=\"https:\/\/www.reuters.com\/markets\/commodities\/us-could-change-timing-oil-stockpile-release-if-prices-drop-official-2021-12-01\/\">reported<\/a>. A group of 11 left-wing senators, including Ed Markey, Elizabeth Warren and Richard Blumenthal, and a group of House Democrats led by Rep. Ro Khanna <a href=\"https:\/\/www.reed.senate.gov\/imo\/media\/doc\/11.8.21_Gas%20Prices%20to%20Biden_Final.pdf\">sent<\/a> <a href=\"https:\/\/khanna.house.gov\/media\/press-releases\/release-khanna-soto-colleagues-urge-president-biden-tap-strategic-petroleum\">letters<\/a> to President Joe Biden on Nov. 8 and Nov. 22 respectively, asking him to ban crude oil exports and tap emergency crude reserves.<\/p>\n<div id=\"attachment_7331634\" class=\"wp-caption alignnone\" readability=\"33\">\n<p id=\"caption-attachment-7331634\" class=\"wp-caption-text\">Energy Secretary Jennifer Granholm and Commerce Secretary Gina Raimondo speak during an administration meeting on Dec. 1. (Jim Watson\/AFP via Getty Images)<\/p>\n<\/div>\n<p>The president <a href=\"https:\/\/dailycaller.com\/2021\/11\/23\/joe-biden-releases-50-million-barrels-oil-strategic-petroleum-reserve-gas-prices\/\">ordered<\/a> the Department of Energy to release 50 million barrels of oil from the Strategic Petroleum Reserve on Nov. 23, a move <a href=\"https:\/\/dailycaller.com\/2021\/11\/23\/joe-biden-strategic-petroleum-reserve-critics-gas-prices\/\">widely criticized<\/a> by industry experts. However, he has yet to announce an export ban, which has also faced significant pushback by economists.<\/p>\n<p>\u201cI\u2019m not a fan of banning oil exports,\u201d Mark Zandi, the chief economist at Moody\u2019s Analytics, <a href=\"https:\/\/www.cnn.com\/2021\/11\/22\/investing\/gas-prices-oil-spr-export-ban-democrats\/index.html\">told<\/a> CNN. \u201cI doubt it will meaningfully lower gasoline prices, as the price of gas is largely determined by global oil prices and not the price of domestically produced oil. It is also unclear whether domestic refineries would be able to efficiently process the type of oil that the U.S. exports.\u201d<\/p>\n<p>Global analytics and research firm IHS Markit <a href=\"https:\/\/news.ihsmarkit.com\/prviewer\/release_only\/slug\/bizwire-2021-11-16-ihs-markit-banning-exports-of-us-crude-oil-would-likely-raise-gasoline-prices-not-lower-them\">said<\/a> an export ban would increase gasoline prices, not lower them.<\/p>\n<p>\u201cA U.S. crude oil export ban would make the situation worse\u2014for the United States and the world\u2014at a time when global supply chains are already under exceptional strain,\u201d Jim Burkhard, the firm\u2019s vice president and head of crude oil markets, said.<\/p>\n<p>Burkhard suggested a ban would also send an \u201cunnerving signal to allies\u201d about the reliability of the U.S.<\/p>\n<p>\u201cIn short, reimposing a crude oil export ban could have disastrous effects,\u201d Center for Strategic and International Studies&nbsp;Energy Security and Climate Change Program Senior Fellow Ben Cahill <a href=\"https:\/\/www.csis.org\/analysis\/biden-has-few-options-lower-gasoline-prices\">wrote<\/a> last month.<\/p>\n<p>Cahill added that a ban would likely lead to producers passing costs on to consumers \u201cin the form of higher gasoline prices.\u201d<\/p>\n<p>The White House did not immediately respond to the Daily Caller News Foundation\u2019s request for comment.<\/p>\n<p>Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact <a href=\"mailto:licensing@dailycallernewsfoundation.org\">licensing@dailycallernewsfoundation.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A large group of House Republicans penned a letter to top Biden administration officials Friday, urging them not to ban U.S. crude oil exports. \u201cPresident Biden\u2019s war on American energy &#8230;<\/p>\n","protected":false},"author":181,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1081779","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1081779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/181"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1081779"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1081779\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1081779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1081779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1081779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}