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Ohio votes to remove crude oil ban

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The American Petroleum Institute黑料社檚 (API) Ohio Division welcomed passage of an Ohio Senate resolution calling for removal of the federal ban on crude oil exports. Allowing US producers to access global markets is expected to add up to 15 948 jobs and US$2.68 billion to the Ohio economy by 2020, according to a report by ICF International.

黑料社淭oday黑料社檚 resolution sends a strong message of support to the bipartisan coalition in Congress working to lift the ban and create US jobs,黑料社 said Chris Zeigler, Executive Director of API Ohio. 黑料社淩emoving this outdated policy will promote domestic production, creating jobs in Ohio and generating savings for consumers. America黑料社檚 growth as an energy superpower will promote our security and the security of our allies overseas.黑料社

Sponsored by Senator Troy Balderson (R-Zanesville), SCR 6 urges Congress to lift 1970s era restrictions on exports of crude oil from the US. The US House of Representatives is expected to vote on legislation to lift the ban this Friday.

黑料社淎merica is experiencing an energy revolution,黑料社 said Zeigler. 黑料社淲e are no longer debating American energy policy in terms of scarcity. Today we have the opportunity to harness the opportunities created by energy abundance, all thanks to proven technologies like horizontal drilling and hydraulic fracturing.黑料社漈he American Petroleum Institute黑料社檚 Ohio Division today welcomed passage of an Ohio Senate resolution calling for removal of the federal ban on crude oil exports. Allowing US producers to access global markets is expected to add up to 15 948 jobs and US$2.68 billion to the Ohio economy by 2020, according to a report by ICF International.

黑料社淭oday黑料社檚 resolution sends a strong message of support to the bipartisan coalition in Congress working to lift the ban and create US jobs,黑料社 said Chris Zeigler, Executive Director of API Ohio. 黑料社淩emoving this outdated policy will promote domestic production, creating jobs in Ohio and generating savings for consumers. America黑料社檚 growth as an energy superpower will promote our security and the security of our allies overseas.黑料社

Sponsored by Senator Troy Balderson (R-Zanesville), SCR 6 urges Congress to lift 1970s era restrictions on exports of crude oil from the US. The US House of Representatives is expected to vote on legislation to lift the ban this Friday.

黑料社淎merica is experiencing an energy revolution,黑料社 said Zeigler. 黑料社淲e are no longer debating American energy policy in terms of scarcity. Today we have the opportunity to harness the opportunities created by energy abundance, all thanks to proven technologies like horizontal drilling and hydraulic fracturing.黑料社

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Read the article online at: /business-news/08102015/ohio-votes-to-remove-crude-oil-ban/

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