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.

Top Three Myths Used to Sell the Lifting of the Crude Oil Export Ban, A Climate and Security Disaster In The Making

It can be difficult to win an argument when you have no viable position. However, when you are the oil industry, you can just buy the win. Which is what the oil industry is poised to do regarding the lifting of the crude oil export ban.

The GOP is currently holding up Congressional action needed to avoid a government shutdown by demanding inclusion of the lifting of the crude oil export ban in the government spending package.

Here are some of the disingenuous arguments the oil industry has paid to have members of Congress make over the past two years.

A Mythbusting Guide to the Paris Climate Agreement

Climate Nexus has published a helpful mythbusting page correcting the misinformation that is already being spread about the Paris Climate Agreement. It is rewritten here with permission.

Myths and Facts about COP21, the Paris Climate Agreement

MYTH: “Paris is not legally binding; it won’t change anything. China and India will still emit so much CO2 as to make all US reductions pointless.”

FACT: Paris does have legally binding aspects, and other nations are already taking action.

In Midst of ExxonMobil Climate Denial Scandal, Company Hiring Climate Change Researcher

Caught in the crosshairs of an ongoing New York Attorney General investigation exploring its role in studying the damage climate change could cause since the 1970's and then proceeding to fund climate science denial campaigns, ExxonMobil has announced an interesting job opening. 

No, not the new lawyer who will soon send the “private empire” billable hours for his defense work in the New York AG probe, though that's a story for another day. Exxon is hiring for a climate change researcher to work in its Annandale, New Jersey research park facility.   

“We are seeking a candidate to advance research and assessment providing fundamental understanding on global climate change issues,” reads the job description.

Five Energy Stocks to Watch After Paris Climate Agreement

With a new global agreement on climate change gaveled into the history books in Paris tonight, many people including me believe we have just witnessed the end of the fossil fuel era.

So-called “pure play” fossil fuel companies that have not significantly diversified into other areas of energy production will be huddled in boardrooms this coming week trying to figure out what the Paris Agreement means to their bottom line. 

Your guess is as good as mine what will happen given how fickle global commodity markets can be, but here are five stocks to watch this coming week to get a good idea of how the energy market is reacting to the Paris Agreement:

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