Subscribe free to our newsletters via your




OIL AND GAS
Oil groups spar over U.S. export policies
by Daniel J. Graeber
Washington (UPI) Sep 9, 2014


disclaimer: image is for illustration purposes only

The Independent Petroleum Association of America said it rejected complaints over decisions that cleared the way for the export of petroleum products.

Crude oil exports are restricted under legislation enacted in the wake of the oil embargo imposed in the 1970s by Arab members of the Organization of Petroleum Exporting Countries.

Refinery consortium Consumers and Refiners United for Domestic Energy last week said a June decision by the Commerce Department's Bureau of Industry and Security to clear exports of so-called condensate as a petroleum product rather than crude oil was incorrect.

IPAA said the refiner's real complaint has more to do with competition than the "realities surrounding U.S. energy security." IPAA argues for more exports, citing the exponential rise in U.S. oil production that came as a result of the shale boom.

"It's sad that an organization that purports to stand up for consumers would distort the plain language of regulations to limit competition," IPAA said.

The Commerce Department in June said the decision on condensates does not represent a major shift in U.S. export policy.

The department's decision upset Senate Democrats, who said it lacked the authority "to issue exemptions for condensates or some subset of condensates from the crude export restrictions."

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








OIL AND GAS
Russia's Novatek gets LNG export consent from Kremlin
Moscow (UPI) Sep 8, 2014
Russia's independent gas producer Novatek confirmed it received a license from the federal government to export liquefied natural gas. Novatek production meets about 18 percent of the country's needs. The company controls 60 percent of the Yamal LNG project in the arctic north of Russia, alongside French energy company Total and the China National Petroleum Corp. Russian Deputy E ... read more


OIL AND GAS
Italian Air Force SAR units fly AgustaWestland HH-139A aircraft

50 feared dead as bus plunges into gorge in India

Fukushima workers to sue TEPCO for danger pay

Macedonia detains 100 Syrian, Iraqi immigrants

OIL AND GAS
Australia approves GPS project

Too Early for Conclusions on Galileo Satellites Incident

Russia's Foton-M Satellite Landing Scheduled for September 1

Galileo Satellites Incident Likely Result of Software Errors

OIL AND GAS
Economic forces killing 25 percent of the world's languages

Scientists find possible neurobiological basis for tradeoff between honesty, self-interest

War between bacteria and phages benefits humans

Extinctions during human era worse than thought

OIL AND GAS
Kenya poaching crisis a 'national disaster'

Galapagos invasion is global warning

Scientists advocate for monarch butterfly conservation

Changing microbial dynamics in the wake of the Macondo blowout

OIL AND GAS
Russian Scientists Develop Patent Technology for Unique Flu Vaccine

A new way to diagnose malaria

Obama warns stopping Ebola 'will not be easy'

Leading Ebola researcher says there's an effective treatment for Ebola

OIL AND GAS
Dog 'cleaned' in washing machine sparks anger in Hong Kong

China holds eight for media coverage extortion

Dalai Lama cancels South Africa trip amid visa row

China rewards intermarriage in restive Xinjiang: state media

OIL AND GAS
Hijacked Singaporean ship released near Nigeria: Seoul

Chinese fish farmer freed after Malaysia kidnapping

US begins 'unprecedented' auction of Silk Road bitcoins

Malaysian navy foils pirate attack in South China Sea

OIL AND GAS
Political unrest will hit Hong Kong economy: Moody's

Japan Q2 economy shrinks more than thought

China's promised reforms moving too slowly: EU businesses

BoJ holds off fresh stimulus despite slowdown




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.