Sentences with phrase «old oil export ban»

The latest news are that one party might be ready to compromise on the 40 - year - old oil export ban if the other can agree to a package of incentives for renewable energy.

Not exact matches

Meanwhile, the 2015 repeal of a 40 - year - old ban on crude oil exports - passed by a Republican - controlled Congress and signed by former President Barack Obama - has made strategic shipments overseas possible.

Could ending the decades - old ban on exports of U.S. - produced crude oil lift the economy?

It builds on other signs that common ground can be found on boosting community resilience to coastal and climatic hazards and even on renewable energy, as was illustrated in passage of a big spending bill in December extending tax credits for solar and wind energy (even as it ended the 40 - year - old ban on oil exports, a move with minor environmental consequences, as Michael Levi of the Council on Foreign Relations explained).

But with increased U.S. oil production, oil dependence is not important to the GOP in efforts to eliminate the 40 year old ban on U.S. oil exports.

Just a week after the Paris accords were signed, for instance, the well - paid American employees of those companies, otherwise known as senators and representatives, overturned a 40 - year - old ban on US oil exports, a gift that an ExxonMobil spokesman had asked for in the most explicit terms only a few weeks earlier.

The Hill: Sens. Lisa Murkowski (R - Alaska) and Heidi Heitkamp (D - N.D.) have introduced a bill to lift the 40 - year - old ban on crude oil exports.