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ASA Signs Letter Supporting End to Ban on Crude Oil Exports

from American Supply Association

With its partners at the Energy Equipment and Infrastructure Alliance, MSCI signed a letter to Sen. Lisa Murkowski (R-AK) and Sen. Heidi Heitkamp (D-ND) in support of their bill, S. 1312, the Energy Supply and Distribution Act of 2015, to end the ban on U.S. exports of crude oil. The letter argued, "Opening global markets to U.S. producers will support added domestic production that will create hundreds of thousands of new jobs and contribute tens of billions of GDP dollars in the supply chain within the next few years. At the same time, we will put downward pressure on domestic fuel prices, while we provide our allies and trading partners with an alternative to sourcing energy from unfriendly and unstable sources." Read the full letter here. more

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