Oil Exports

Fend Off Iran? First Company That Exported US Crude Oil Now Exporting Iran's Oil

Proponents of lifting the U.S. crude oil export ban trumpeted the rhetorical question that since U.S. geopolitical rival Iran can export its oil, why can't the United States?

But now that “liquid freedom” has begun to flow from American export terminals to the global market, it turns out the same company that exported the first batch of U.S. crude oil to the global market is now also exporting Iranian oil products. That company, the Switzerland-based Vitol Group, was profiled in an investigative piece on DeSmog late last year. 

“Vitol, one of the world's largest traders in oil and oil products in terms of volumes, has fixed three vessels to load Iranian condensate,” Platts reported on January 29. “The recent removal of sanctions on Iran has resulted in international companies rushing to trade in Iranian petroleum with the latest being Vitol.”

Big Oil Argued for U.S. Crude Exports to Fend Off Iran, But First Exporter Vitol Group Also Exported Iran's Oil

The American Petroleum Institute (API) successfully lobbied for an end to the 40-year ban on exporting U.S.-produced crude oil in part by making a geopolitical argument: Iran and Russia have the ability to export their oil, so why not unleash America?

What API never mentioned — nor the politicians parroting its talking points — is that many of its member companies maintain ongoing business ties with both Russia and Iran.

And The Vitol Groupthe first company set to export U.S. crude after the lifting of the ban (in a tanker destined for Switzerland), has or had its own ties to both U.S. geopolitical rivals.

"Miracle of American Oil": Continental Resources Courted Corporate Media to Sell Oil Exports

A document published by the Public Relations Society of America, discovered by DeSmog, reveals that from the onset of its public relations campaign, the oil industry courted mainstream media reporters to help it sell the idea of lifting the ban on crude oil exports to the American public and policymakers.

Calling its campaign the “Miracle of American Oil,” the successful PR effort to push for Congress and the White House to lift the oil exports ban was spearheaded by Continental Resources, a company known as the “King of the Bakken” shale oil basin and founded by Harold Hamm. Hamm served as energy advisor to 2012 Republican Party presidential candidate Mitt Romney.

Lifting The Crude Oil Export Ban Isn’t Big Oil’s Only Christmas Gift

This is a guest post by Lukas Ross from Friends of the Earth.

The champagne corks could be heard from the American Petroleum Institute on Tuesday night, as Paul Ryan announced that Big Oil’s number one priority would indeed make it into a year-end bargain on taxes and spending.

The lifting of the crude oil export ban, sought by the oil lobby, the GOP and more than a few Democrats, is a major win for the industry. The measure could mean $170 billion in new revenue for oil producers over the next decade, as companies are able to push domestic crude onto the global market where it fetches a higher price.

Meet the Lobbyists and Big Money Interests Pushing to End the Oil Exports Ban

The ongoing push to lift the ban on exports of U.S.-produced crude oil appears to be coming to a close, with Congress introducing a budget deal with a provision to end the decades-old embargo

Just as the turn from 2014 to 2015 saw the Obama Administration allow oil condensate exports, it appears that history may repeat itself this year for crude oil. Industry lobbyists, a review of lobbying disclosure records by DeSmog reveals, have worked overtime to pressure Washington to end the 40-year export ban — which will create a global warming pollution spree.

Exposed: ExxonMobil Funding Influential Columbia University Center on Global Energy Policy

In a sentence buried at the very bottom of a story making headlines nationwide, Politico revealed for the first time one of the funders of Columbia University's influential Center on Global Energy Policy (CGEP).

The funder: ExxonMobil, the company embroiled in a New York state Attorney General investigation for its extensive internal knowledge of the impacts of climate change since the 1970s, followed by Exxon's funding of climate change denial campaigns to the tune of $31 million. Politico got its numbers from ExxonMobil's 2014 Worldwide Contributions and Community Investments report.

American Petroleum Institute Touts Oil Exports to Fend Off Iran, Russia Despite API Members Tied to Both Countries

The American Petroleum Institute (API) has launched a new advertising campaign in its ongoing push to oust the U.S. oil exports ban in place since 1975.

One of the most recent ads, titled “Crude Oil Exports and National Security” on YouTube, starts off with ominous music and asks, “Who loves the ban on U.S. crude oil exports?” The answer, says API, is “Iran and Russia, not exactly our best friends.”

Not mentioned: both countries currently maintain business ties with API's dues-paying members.

California State of Emergency: Up To 105,000 Gallons of Oil Spill in Santa Barbara from Plains All American Pipeline

Up to 105,000 gallons of oil obtained via offshore drilling have spilled from a pipeline owned by Plains All American at Refugio State Beach in Santa Barbara County in California. At least 21,000 gallons have poured into the Pacific Ocean and the spill's impacts stretch nine miles, according to the Associated Press.

DeSmogCAST 9: U.S. Oil Exports Up, Kinder Morgan's Secrets and Teens Sue for the Climate

In this episode of DeSmogCAST host Farron Cousins joins DeSmog cast Carol Linnitt and Justin Mikulka to discuss how recent changes in the global oil market, combined with a language change regarding crude oil, have led to an increase in U.S. oil exports.
 
We also discuss a new ruling in Canada that allows pipeline company Kinder Morgan to keep its emergency response plans for the Trans Mountain pipeline in British Columbia a secret.
 
We end on a positive note, reflecting on the bold actions of two teenagers in Oregon who are taking their elected leaders to court for failing to act meaningfully on climate change.

DeSmogCAST 7: Obama's Keystone Veto, U.S. Oil Exports and the World's Unburnable Carbon

In this episode of DeSmogCAST our team discusses Obama's recent promise to veto legislation put forward by a Republican-led Congress to expedite construction of the Keystone XL pipeline. While the fate of Keystone remains uncertain, the Obama Administration made changes in the final days of 2014 that now allows for the export of U.S. crude oil. As Justin Mikulka reports, the change doesn't lie in a newly passed bill but rather in a language game used to mask the difference between crude oil and condensate

Finally we take a look at a new study recently published in Nature that analyzes the globe's total carbon reserves and pinpoints those that must remain unburned if we are to stay within the 2 degrees Celsius warming limit recommended by scientists and policy makers. That study highlights the Canadian oilsands and almost all coal reserves in the U.S. as carbon deposits that must remain in the ground in a carbon-constrained future.

Pages

Subscribe to Oil Exports