Live Commodities
Live Commodities
Symbol (CFDs)
Month
Last
Prev.
High
Low
Chg.
Chg. %
Time
Jun 24
89.32
89.19
89.85
88.81
+0.31
+0.35%
16:01:52 | Energy
Jun 24
83.66
83.81
84.45
83.36
+0.09
+0.11%
16:01:52 | Energy
Jun 24
1.922
1.977
2.002
1.909
-0.064
-3.22%
16:01:59 | Energy

TIPRO NEWS RELEASES AND STATEMENTS

TEXAS LEGISLATURE PASSES RESOLUTION IN SUPPORT OF CRUDE EXPORTS

Austin, Texas – Today the Texas Legislature passed Senate Concurrent Resolution 13, which urges the U.S. Congress to end the ban on crude oil exports.

“We applaud the initiative of the Texas Legislature to prompt Congress to repeal the nation’s crude export ban. Allowing American oil and gas free access to the global marketplace will finally acknowledge the new reality of the American energy renaissance. These policy changes will benefit American workers and consumers while providing a huge boost to our economy. This is accomplished by putting American producers on a level playing field with their international competitors,” commented Ed Longanecker, president of the Texas Independent Producers & Royalty Owners Association (TIPRO).

“Domestic producers stand ready to provide abundant American energy to help power the rest of the world. Allowing our allies and trade partners greater access to it will lessen their dependence on other sources that will also make the world a safer, more peaceful place,” Longanecker added.

“We are especially thankful to Senator Paul Bettencourt, Senator Kel Seliger and Representative Rafael Anchia who have guided this resolution through the Texas Legislature. We hope that Congress and the President will heed these unambiguous, bipartisan messages from America’s leading energy producing state, Texas.”

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