Republican Rep. Joe Barton of Texas introduced a bill on Dec. 9 that would lift all restrictions on the export of crude oil from the U.S., according to a statement from the congressman’s office.
“The shale revolution has drastically reshaped America’s energy landscape, unlocking a vast supply of untapped oil and gas. The most recent estimates show that the U.S. has more than enough resources to meet our domestic energy needs,” Rep. Barton said in the statement. “In order to take full advantage of this opportunity, we need to rethink outdated laws that were passed during an era of energy scarcity. That is why I am in favor of overturning the ban on crude oil exports.”
According to the announcement, Rep. Barton believes that bipartisan support for ending the ban is increasing.
“I predict that no matter which party controls Capitol Hill or the White House, the ban will eventually be lifted for the same reasons Congress eventually overturned other failed government efforts to regulate energy price and supply,” he said.
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