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FEDERALhearing transcript

High Impact

Senate Hearing on U.S. Crude Oil Export Policy

Original title: U.S. CRUDE OIL EXPORT POLICY

January 1, 2015

energy policy crude oil exports international trade economic policy

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The Frame

What this does

The hearing represents a formal legislative step in evaluating whether to repeal the federal ban on exporting U.S. crude oil, a policy change that would directly impact domestic fuel prices, energy industry revenue, and international trade relations.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Energy Industry Corporations

Companies involved in oil production and refining are directly affected by regulations governing the sale and export of their products.

U.S. Consumers

Changes to export policy may influence domestic fuel prices and energy supply stability.

What changed

Last recorded activity January 1, 2015.

What's next

Next step not available in the current record.

Summary

This document is a transcript record of a March 2015 Senate Energy and Natural Resources Committee hearing. The committee convened to discuss the potential impacts and policy considerations of lifting the long-standing U.S. ban on crude oil exports.

Key Facts

The hearing took place on March 19, 2015, in the Dirksen Senate Office Building.
This was the seventh congressional hearing held on the topic of crude oil exports in approximately one year.
The committee reviewed analysis from numerous research institutions including the GAO, CBO, and various policy centers regarding the export ban.
The hearing included testimony from energy industry executives and policy experts.
The committee's stated goal for the hearing was to continue the 'education and awareness' process regarding the current export ban.

Why It Matters

Frequently Asked Questions

What is the U.S. crude oil export ban?

It is a long-standing federal policy that restricts or prohibits the export of domestically produced crude oil to foreign countries.

Why was this hearing held?

The committee held the hearing to gather expert testimony and research to inform potential legislative changes regarding the export policy.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Legislative Momentum

The document highlights a deliberate, multi-hearing strategy by the committee to build an evidentiary record before proposing legislative changes.

Lisa Murkowski

Connected Entities

personMaria Cantwell“Ranking Member of the Senate Committee on Energy and Natural Resources”Map →

personLisa Murkowski“Chairman of the Senate Committee on Energy and Natural Resources”Map →

personElizabeth Rosenberg“Witness, Senior Fellow at Center for a New American Security”Map →

personRyan Lance“Witness, CEO of ConocoPhillips”Map →

personJeffrey Warmann“Witness, CEO of Monroe Energy Inc.”Map →

personCarlos Pascual“Witness, Fellow at Center on Global Energy Policy”Map →

personCharles T. Drevna“Witness, President of American Fuel & Petrochemical Manufacturers”Map →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100

Significance80
How much this matters to a regular citizen
Controversy60
Intensity of disagreement among stakeholders
Entertainment10
Compellingness for a non-policy-wonk reader
Buzz20
Current news / social attention level

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