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The pause, requested in a letter from the Calgary-based company to the State Department, adds new uncertainty to the controversy over the proposed pipeline.
Sen. Lisa Murkowski, R-Alaska, wants to know whether the “fanfare” over U.S. oil swaps with Mexico — touted as approved in August — was overblown.
American Petroleum Institute President Jack Gerard sees at least 20 legislative approaches to lifting the ban on U.S. oil exports.
Although the Senate banking committee voted 13-9 to approve an oil exports bill, the panel debate on the measure illustrated hardening partisan division over the possible trade policy change.
Before the Senate Banking Committee votes on legislation to lift the oil export ban on Thursday, the panel may consider whether to axe some U.S. biofuel mandates.
Oil producers and their allies on Capitol Hill are mulling an array of strategies for getting legislation authorizing widespread crude exports onto the president’s desk.
The paper notes the “great geopolitical irony” that “lifting sanctions will boost Iranian oil exports at a time when federal law and regulations generally prohibit American oil exports.”
Sen. Heidi Heitkamp, D-N.D., suggested that momentum is building on Capitol Hill and within the Obama administration for liberalizing the longstanding ban on U.S. crude exports.
Senators unveiled legislation to end the longstanding ban on U.S. oil exports, with hopes to put domestic crude on the same legal footing as gasoline, diesel and other refined petroleum products.
Senators want the United States to renew a longstanding pledge to supply Israel with crude if the country’s oil supplies are interrupted.