U.S. Chamber Praises Subcommittee Approval of Legislation to Lift Oil Export Ban

Press Release
September 10, 2015

WASHINGTON, D.C.—Karen Harbert, president and CEO of the U.S. Chamber’s Institute for 21st Century Energy, today issued the following statement regarding the House Energy and Power Subcommittee’s approval of H.R. 702, a bill to lift 40-year-old ban on crude oil exports:

“Today’s vote is further evidence of the undeniable momentum in Washington and around the nation toward lifting the outdated ban on crude oil exports. The subcommittee agreed that the oil export ban is fundamentally unfair and places America at a disadvantage. We look forward to further consideration of Rep. Barton’s bill by the Energy Committee.”

The Chamber sent a letter to members of the House Energy and Commerce Subcommittee on Energy and Power in support of H.R. 702, which can be found here.

The mission of the U.S. Chamber of Commerce's Institute for 21st Century Energy is to unify policymakers, regulators, business leaders, and the American public behind a common sense energy strategy to help keep America secure, prosperous, and clean. Through policy development, education, and advocacy, the Institute is building support for meaningful action at the local, state, national, and international levels. The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.