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Conaway Introduces Legislation to Lift the Oil Export Ban

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Washington, May 18, 2015 | comments

Washington–Monday, Congressman Mike Conaway (R-TX) and Congressman Henry Cuellar (D-TX) announced the introduction of H.R 2369, the Energy Supply and Distribution Act of 2015, which will lift the oil export ban.H.R. 2369 is the companion legislation for Senator Lisa Murkowski’s bill to lift the oil export ban, S. 1312.

“The 40 year ban on oil exports is out of date and out of touch with America’s thriving energy industry,” said Congressman Conaway. “At the time the ban was introduced, it served a purpose – to keep our oil at home in order to reduce our exposure to the wildly fluctuating markets of the 1970s. Today, the ban has outlived that purpose and has become an antiquated policy that is now only harming Americans. We have an abundance of oil here in the U.S., and lifting the oil export ban will create jobs, spur economic growth, and strengthen our national security interests. I look forward to working with my many colleagues who support this legislation to ensure that we are no longer stuck in the 1970s when it comes time to our nation’s energy policy.”

Congressman Conaway has been active in pushing for the oil export ban to be lifted. You can read his opinion editorial for the Midland Reporter Telegram on the subject here, and view recent floor speeches here and here. He has also introduced a resolution honoring those who are leading the American energy revolution, which can be found here.

 

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