Increasing U.S. energy production and greater efficiency combined with a heightened global demand for energy have created new and expanded opportunities for U.S. energy exports. GEI supports the preservation of trade rules that enable the robust energy partnerships among the United States, Canada, and Mexico, and provides tremendous benefit to our economic and energy security.
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. The total quantity is only part of the story, however. Since the
The U.S. Chamber of Commerce, the world’s largest business federation representing the interests of more than three million businesses and organizations of every size, sector, and region, as well as state and local chambers and industry associations, writes to express strong support for the proposed
To say that the state of Washington has a trade-based economy would be a gross understatement. It is the most trade dependent state in the nation, with one in three jobs tied to trade either directly or indirectly. Washington exports more than $90 billion worth of products annually—everything from
The U.S. Chamber of Commerce, the world’s largest business federation representing the interests of more than three million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations, and dedicated to promoting, protecting, and defending America’s
Urges Senate to Take Action this Year WASHINGTON, D.C.—Karen Harbert, president and CEO of the U.S. Chamber’s Institute for 21st Century Energy, today applauded the U.S. House of Representatives for voting to include an amendment offered by Representative Joe Barton that will lift the ban on oil
This legislation addresses many important energy policy issues in a serious and thoughtful manner, representing the product of many hearings over several years. While the Chamber believes some improvements could be made to the bill to promote greater efficiency, we support its overall impact in
'Today's bipartisan vote in the House demonstrates continued momentum to lift the ban, and we urge the Senate to follow their lead,' says Donohue WASHINGTON, D.C.— A top priority for the U.S. Chamber took a big step forward today as the U.S. House of Representatives approved bipartisan legislation
