Rush Speaks On H.R. 702, Legislation to Prohibit Restrictions on the Export of Crude Oil
WASHINGTON — U.S. Representative Bobby L. Rush (D-Ill.), Ranking Member of the Energy and Commerce Subcommittee on Energy and Power, spoke at today’s hearing on H.R. 702, To Adapt to Changing Crude Oil Market Conditions. In Rush’s opening statement he expressed that now is the appropriate time to revisit the Energy Policy and Conservation Act of 1975. He described this law as outdated and stated that it is unnecessarily restricting the export of domestically produced crude oil.
Rush’s full statement is in the video below:
During the hearing, Rush announced his intent to introduce legislation that would remove limitations on exporting energy resources to Cuba. His proposed bill would promote market access for the exploration, production, storage and distribution of energy resources to our closest Caribbean neighbor.