As incoming head of the Senate Energy Committee, Alaska’s Lisa Murkowski will gain more clout in January to reverse the 40-year ban on most U.S. crude oil exports, but she is unlikely to rush into legislative action.
The Republican senator has fought to relax the ban all year by issuing a series of papers detailing how such exports have been allowed in the past, holding a private meeting on the subject with Commerce Secretary Penny Pritzker, and hinting that 2015 could be the time to introduce ban-ending legislation. Continue reading “New Senate Energy head will need time to lift U.S. oil export ban”

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