Crude Oil Exports – Passage

Passage of the bill that would allow the export of crude oil produced in the United States by removing the export ban imposed by the 1975 Energy Policy and Conservation Act, and would prohibit U.S. officials from imposing or enforcing restrictions on U.S. crude oil exports, but would not prevent the president from limiting U.S. crude oil exports in response to foreign threats. As amended, the bill would also include a report on greenhouse gas emissions and a study on the impact on consumers, would allow the president to ban exports to state sponsors of terrorism, and would ban the sale of U.S.-produced oil to Iran.