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Alon Usa Energy News

30 Jun 2015

US Refiners' Group Wants Wide Debate on Oil Exports

The U.S. oil refining industry's association is not opposed to lifting the country's 40-year-old ban on crude exports as long as the move is part of a bigger effort to lower barriers to trade, the group's new head said on Tuesday. "We're not opposed to lifting the export ban, but we would like to think there could be a broader discussion," about all trade barriers in petroleum markets, Chet Thompson, president of the American Fuel & Petrochemical Manufacturers (AFPM), told reporters. Other trade barriers include the Jones Act, which requires ships servicing coastal businesses to be built in the United States and mostly staffed by U.S.

23 May 2015

Pipeline Spill Could Hamper California Oil Projects

Hundreds of barrels of oil that gushed from a ruptured coastal pipeline in scenic California this week could stiffen opposition to large oil projects that companies want to build in the state, notably those to deliver cheap U.S. crude on trains. Several proposed oil-by-rail offloading terminals in California were already being contested in light of several fiery crude train derailments since 2013 that have stoked safety concerns about spills and explosions. Now, the sight of oil washing up on the shores of Santa Barbara could further galvanize rail opponents after up to 2,500 barrels of crude leaked on Tuesday from a pipeline owned by Plains All American Pipeline LP.

24 Oct 2014

Oil Drillers Group to Fight U.S. Export Ban

More than a dozen U.S. oil producers have joined to lobby the federal government to reverse the 40-year-old ban on U.S. crude exports, a move that supporters hope would create jobs and boost national security, a spokesman for one of the companies and a lobbyist for another one said on Friday. Producers for American Crude Oil Exports, or PACE, is the first lobbying group to form on reversing the ban. "The end game here is legislative repeal of the ban," said a lobbyist for one of the member producers, who did not want to be named because the group was only recently formed. Congress passed the trade restriction in the 1970s after the Arab oil embargo caused fears of domestic oil shortages.

04 Sep 2014

U.S. Refiners Want Condensate Exports Halted

A lobbyist group for four U.S. oil refiners urged the federal government on Thursday to stop issuing approvals for energy companies to ship abroad a lightly processed crude oil, saying it is prohibited by a nearly 40-year-old ban on oil exports. Consumers and Refiners United for Domestic Energy (CRUDE), wrote to Commerce Department officials five months after the department's Bureau of Industry and Security gave approval to Pioneer Natural Resources and Enterprise Product Partners to export certain condensates. CRUDE, whose members include Alon USA Energy Inc and PBF Energy Inc, formed this year with the goal of preventing a hasty reversal of the export ban at a time sharply rising oil production has spurred calls for a change.

02 Sep 2014

Joe Barton: Lift Oil Export Ban

A senior U.S. Congressman from Texas has come out in full support of the United States lifting the 40-year old ban on crude oil exports, putting him at odds with fellow House Republicans wary of weighing in on the controversial issue. Rep. Joe Barton, who until now has maintained a relatively neutral public stance on a topic that has divided Republican members of the House energy and commerce committee, told Reuters in a statement that the time was right for the United States to overhaul its long-standing restrictions on exporting crude oil. "The shale revolution has changed the energy landscape in our country. It is time to change our laws to match this new reality…

12 Mar 2014

U.S. refiners oppose easing crude export limits

Four U.S. oil refiners, trying to counter growing calls to lift the nation's ban on most crude oil exports, have launched the first major lobbying effort to keep abundant U.S. oil supplies from being sold overseas. Rising U.S. shale oil production has opened the door to a possible revision of the decades-old policy restricting most exports of unrefined petroleum. Various groups and lawmakers favoring exports have been fast out of the gate, seizing on a comment by U.S. Energy Secretary Ernest Moniz in December that it might be time to take another look at the law. Philip Rinaldi, chief executive of Philadelphia Energy Solutions, said the anti-export group Consumers and Refiners United for Domestic Energy, or CRUDE, was formed with the goal of preventing a hasty reversal of policy.