Thanks to our off-year municipal elections, Houstonians have likely grown accustomed to the television, radio and Internet ads that will soon arrive this Fall. Folks in states like Colorado, Maine, Montana, New Hampshire, New Jersey and New Mexico were probably more surprised to discover an onslaught of political advertisements over the past few days. It is all part of upcoming Congressional debates about removing the federal ban on crude oil exports.
Allied Progress, a newly formed organization that opposes exports, has begun running television ads to target senators who could be potential swing votes, according to FuelFix reporter Jennifer A. Dlouhy. Some of the specific targets are Sen. Kelley Ayotte (R-NH), Democratic senators Martin Heinrich and Tom Udall of New Mexico and Sen. Michael Bennet (D-CO). Meanwhile, the pro-export Domestic Energy Producers Alliance has released its own ads in support of ending the ban.
Sen. Robert Menendez (D-NJ) has already faced a series of targeted ads after he raised the possibility of using "strategic" crude exports as part of nuclear negotiations with Iran. [more]
Congressional debate over the ban on US crude oil exports is about to heat up, as lawmakers prepare to return to Washington from their summer break. For evidence, just turn on your TV or computer.
An advertising war is already blazing, as partisans on dueling sides of the issue try to convince Congress to keep the four-decade-long ban in place or scrap it. A House vote on the ban may come as soon as this month, and the Senate is expected to consider it next year. [more]
Wall Street Journal
A long-awaited study by the Obama administration concludes that lifting the nation’s four-decade ban on oil exports wouldn’t increase US gasoline prices and could even help lower them, raising the stakes in the debate about whether to lift or relax the ban.
The report, issued Tuesday by the US Energy Information Administration, an analytic division of the Energy Department, is expected to provide momentum to efforts by the oil industry and its supporters in Congress eager to end the ban and tap higher-priced foreign buyers amid surging global supplies and a market rout that has dragged prices to six-year lows.
The effort has gained traction in Washington this year, though such a change still faces hurdles before Congress ultimately would adopt it. [more]
FuelFix / Houston Chronicle
A group fighting oil exports is launching commercials in five states to try to pressure lawmakers ahead of possible votes in Congress coming as soon as September.
The ads from the newly formed organization Allied Progress are set to run on cable and broadcast television networks over the next four days in Colorado, Maine, Montana, New Hampshire and New Mexico. Collectively, the spots urge the public to call lawmakers and ask them to keep a longstanding ban on crude exports in place.
The commercials are a continuation of a TV campaign Allied Progress used last week against New Jersey Sen. Robert Menendez, after the Democrat highlighted the possibility of leveraging “strategic” crude exports as a geopolitical tool to buttress a new round of nuclear negotiations with Iran.
The advertisements — along with separate pro-export commercials being aired by the Domestic Energy Producers Alliance — are airing in states represented by senators viewed as possibly voting to end the ban (some of whom are up for reelection year). For instance, the group includes Democratic Sens. Martin Heinrich and Tom Udall of New Mexico, Sen. Michael Bennet (D-CO), and Sen. Kelly Ayotte, a Republican from New Hampshire. [more]
The Daily Beast
As Congress takes up the Iran nuclear deal next month, it ought to confront this paradox: The agreement allows the Iranians to do something Americans can’t—sell oil to the rest of the world.
Don’t get me wrong. I support the deal, under which Tehran would stop enriching weapons-grade uranium for the next 15 years in return for relief from economic sanctions. It’s not perfect, but President Obama is right that it’s better than what we’d have if his conservative critics got their way—no deal, leaving the Islamic Republic on the brink of acquiring nuclear weapons. [more]