HOUSTON, September 18, 2015 – The House Energy and Commerce Committee today favorably marked up H.R. 702, which calls for eliminating the United States’ 40-year ban on crude oil exports, the Energy Equipment and Infrastructure Alliance (EEIA) announced.
“We’re getting closer,” said EEIA member Dan K. Eberhart, CEO of Canary, LLC, the largest privately held oilfield services company in the US. “Canary and I have been pushing for an end to the ban for over a year now. We think it’s great that it’s heating up now. In today’s environment, producers need access to the global market more than ever.”