Yesterday, Reuters reported that crude oil exports from the United States reached their highest level since the 1920s. Using Census Bureau export data, Reuters calculates that crude shipments averaged 662,000 barrel per day in May.
America is at an energy crossroads. The fracking-enabled shale revolution is rapidly transforming the nation’s energy landscape, lowering prices for consumers and dramatically reducing our dependence on foreign oil.
Earlier this month, President Obama traveled around Alaska, stressing the need to move away from the use and development of fossil fuels. He also spent time announcing new federal programs for Alaskans “to assist communities in developing and implementing solutions to address the impacts of clim
At a time when President Obama is advocating lifting sanctions against Iran, which would allow that nation to export oil around the world, you might think that President Obama would be willing to give his own nation the same opportunity.
Radio and Internet advertising sponsored by 21st Century Energy Institute is asking U.S. Senators in Colorado, Indiana, Montana, New Mexico and Virginia to take a position in support of lifting the forty-year old ban on exporting American crude oil.