Watson has been a vocal proponent for lifting the ban, joining a chorus of oil executives – including ConocoPhillips’ Ryan Lance, Continental Resources’ Harold Hamm and Hess Corp.’s John Hess – weighing in on a national debate about the 1970s-era restriction.
House Majority Leader Kevin McCarthy, R-California, is set to tell a Houston audience that the chamber will vote this month on a measure lifting the oil export ban, but the White House doesn’t back the bill.
In a speech made today in downtown Houston, ExxonMobil CEO Rex Tillerson offered an extensive overview of the rise of North American oil and gas production and urged lawmakers to leave politics out of industry regulations.
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