This is not intended to be formal so excuse my grammar mistakes.
Reference & Credit Due to : thehill.com/…
Quotes from Key Democrats:
“It’s an act of desperation on their part, they want it so desperately,” said House Minority Leader Nancy Pelosi (D-Calif.), saying she could see a scenario in which she would support lifting the ban.
“It clearly is an item that [Senate Majority Leader Mitch] McConnell and Republicans are salivating over,” Senate Minority Whip Dick Durbin (D-Ill.) told The Huffington Post. “It would be a windfall to the industry. We don’t know how much some have estimated — $20 [billion], $30 billion a year in profits if they are allowed to do this.”
Some Democrats’ requests are stout: Sen. Ed Markey (D-Mass.), a liberal who has opposed expanded oil exports, said 10 years should be the minimum under discussion. Others, though, have discussed two or five years.
Republicans have publicly balked at the demands. Senate Majority Whip John Cornyn (R-Texas) told The Hill that Democrats are asking too much, and haven’t brought down their requests by enough.
But it seems that Republicans are pretty much desperate, and a quick check of Oil prices this morning would be enough to convince me we should kill the deal and filibuster for anything Short of ten years.
www.cnbc.com/…
US oil settles at $35.62 a barrel, plunges over 10% for week
The Shale Industry must be pretty desperate for results, how much you want to imagine Republican leaders will be reamed by their donors if they don’t get their way on this one?
To think wind and solar may be cheaper than natural by the time that runs out too.
Which, BTW, Would be Good for the Democratic party because The Backers of the Coal Industry as well as the Fossil Fuel Corporations tend to structure their Lobbying contributions to Favor the Republican party. Anything that Helps renewable at the expensse of Fossil Fuel Corporations helps because it changes the Campaign contributions picture.
Rep. Kevin Cramer (R-N.D.), a top support of oil exports, said he’s confident that the ban will be lifted, either through the spending bill or the tax bill, but he admitted that Republicans would pay a hefty price for it.
“From everything I’ve heard, it’s going to be a high price, and we’ll swallow it if we need to, I guess,” he said.
I’m not exactly a fan of lifting the export ban but I really want those Solar and Wind credits.
That’s why I urge the Kos Community to Contact their Representative’s and Senators and let them know that We agree with Markey, Anything short of Ten years ought to be Filibustered.
The capitol switchboard is: (202) 224-3121
I’ve already called mine.