Increasing U.S. energy production and greater efficiency combined with a heightened global demand for energy have created new and expanded opportunities for U.S. energy exports. GEI supports the preservation of trade rules that enable the robust energy partnerships among the United States, Canada, and Mexico, and provides tremendous benefit to our economic and energy security.
WASHINGTON, D.C. — The introduction of bipartisan legislation to lift the ban on crude oil exports in the U.S. Senate is further evidence of continued momentum to change this outdated policy, according to the U.S. Chamber’s Institute for 21st Century Energy. U.S. Senators Lisa Murkowski (R-AK) and
WASHINGTON, D.C.—Karen Harbert, president and CEO of the U.S. Chamber’s Institute for 21st Century Energy, spoke today at a press conference organized by Rep. Joe Barton (R-Texas) about the importance of ending the ban on crude oil exports. Harbert issued the following statement in support of
As representatives of America’s oil producers, the undersigned applaud your focus and attention to issues of free trade, namely lifting the decades old ban on crude oil exports. We are no longer a Nation in energy decline. To the contrary, we now live in an age of energy abundance, our national
A key federal agency gave the go-ahead for Dominion Resources to build a liquefied natural gas (LNG) export facility in Maryland: Federal officials approved a Maryland liquefied natural gas export terminal late Monday, a move that opposition groups said they would fight. Dominion Resources secured
The U.S. Chamber of Commerce, the world’s largest business federation representing the interests of more than three million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations, and dedicated to promoting, protecting, and defending America’s
The U.S. Chamber of Commerce, the world’s largest business federation representing the interests of more than three million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations, and dedicated to promoting, protecting, and defending America’s
This is the third volume in a three-part series on the effects of unconventional oil and natural gas on the US economy. The first volume detailed the effects of upstream unconventional oil and gas development on the national economy, and the second volume presented the role of upstream unconventional oil and natural gas on each of the lower 48 states. In this volume, we extend the work undertaken in the first two volumes by examining three critical ways in which this unconventional revolution is impacting the US economy.
China’s rapid industrial growth in the past three decades — averaging nearly 12% per year — has fueled a surging demand for energy. Indeed, in 2009, China edged out the United States to become the world’s largest energy consumer and in the late 1990s China shifted from being a net energy exporter to a net importer. China’s demand for energy continues to grow and is expected to account for a quarter of global energy consumption by 2035. Consequently, the quest for energy supplies has taken on strategic importance.
