A picture of Senator James M. Inhofe
James I.
Republican OK

About Sen. James
  • Oil and Gas Exports

    by Senator James M. Inhofe

    Posted on 2015-12-16

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    INHOFE. Mr. President, I couldn't help overhearing my friend from Massachusetts talking about something really good that is going to happen; that is, we are going to lift the caps off our exports on oil and gas.

    I just can't understand why we ever had caps on exports. It seems like this administration is perfectly willing not just to approve of but to encourage countries like Iran and Russia to export their oil and help them and yet preclude us from doing the same thing. Right now one of the problems we have with Russia is they have a hand up on us because there are so many countries over there dependent on them for their ability to have energy. It is just pretty amazing that is going on.

    So I am really glad. Hopefully, this will go through. I know in my State of Oklahoma it has cost literally hundreds of jobs in just three companies because they could no longer afford to drill here.

    That is a big issue. I remember I was invited to Lithuania back when the President of Lithuania wanted to dedicate and open their first terminal so that they would be able to import gas and oil, some of that being from us. Everyone there was so joyous of the fact that they were not going to have to rely on Russia any longer, that they could rely more on us. We do have friends out there whom we want to be able to take care of.


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