Republican Texas Rep. Jodey Arrington introduced a bill Wednesday aimed at restricting future U.S. presidents from imposing an export ban on crude oil without first providing valid reasoning.
*The bill, known as the Continuing Robust and Uninhibited Drilling and Exporting (CRUDE) Act, would prevent future U.S. presidents from imposing export bans on crude oil unless the restrictions were enacted due to reasons of national security, according to a copy of the legislation first obtained by the Daily Caller News Foundation. Alternatively, the bill would also allow the president to impose an oil export ban if the Department of Defense, the Department of Energy (DOE) and the Commerce Department jointly found and reported to Congress and the president that exporting crude oil had caused supply shortages or increased prices significantly above world market levels and the shortages or price increases either caused or would likely cause negative impacts on employment.*
Notably, former President Joe Biden introduced various regulations <dailycaller.com/2023/11/09/american-oil-record-high-prices-biden-regulation-onslaught/> during his sole term to curb <dailycaller.com/2023/11/09/american-oil-record-high-prices-biden-regulation-onslaught/> the growth <dailycaller.com/2022/06/15/joe-biden-federal-oil-gas-lease-sales/> of the U.S. oil and gas industry, including imposing restrictions <dailycaller.com/2024/09/16/democrats-biden-liquefied-natural-gas-supply-ukraine/> on certain liquified natural gas (LNG) exports.
“Four long years of President Biden featured a whole-of-government assault on domestic energy – the lifeblood of our economy,” Arrington told the DCNF in an exclusive statement. “He even considered a ban on all American oil exports, which would decimate our economy, quality of life, and future investment in the United States. We are fortunate to have President Trump back in the Oval Office, but Congress must seize this opportunity and pass legislation to safeguard our energy independence from the radical policies of future administrations.”
*The bill, known as the Continuing Robust and Uninhibited Drilling and Exporting (CRUDE) Act, would prevent future U.S. presidents from imposing export bans on crude oil unless the restrictions were enacted due to reasons of national security, according to a copy of the legislation first obtained by the Daily Caller News Foundation. Alternatively, the bill would also allow the president to impose an oil export ban if the Department of Defense, the Department of Energy (DOE) and the Commerce Department jointly found and reported to Congress and the president that exporting crude oil had caused supply shortages or increased prices significantly above world market levels and the shortages or price increases either caused or would likely cause negative impacts on employment.*
Notably, former President Joe Biden introduced various regulations <dailycaller.com/2023/11/09/american-oil-record-high-prices-biden-regulation-onslaught/> during his sole term to curb <dailycaller.com/2023/11/09/american-oil-record-high-prices-biden-regulation-onslaught/> the growth <dailycaller.com/2022/06/15/joe-biden-federal-oil-gas-lease-sales/> of the U.S. oil and gas industry, including imposing restrictions <dailycaller.com/2024/09/16/democrats-biden-liquefied-natural-gas-supply-ukraine/> on certain liquified natural gas (LNG) exports.
“Four long years of President Biden featured a whole-of-government assault on domestic energy – the lifeblood of our economy,” Arrington told the DCNF in an exclusive statement. “He even considered a ban on all American oil exports, which would decimate our economy, quality of life, and future investment in the United States. We are fortunate to have President Trump back in the Oval Office, but Congress must seize this opportunity and pass legislation to safeguard our energy independence from the radical policies of future administrations.”
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