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senate Bill S. 2886

Should the U.S. Ban Oil Exports?

Argument in favor

Oil exports make American customers more vulnerable to price shocks, and cause U.S. consumers to pay more at the pump. Banning U.S. oil exports will help shore up the Strategic Petroleum Reserve (SPR), an important protection against international price shocks.

burrkitty's Opinion
···
09/19/2018
Energy security is one of the most under valued security weaknesses of the United States. Manipulating oil prices is one of the ways other countries can disrupt the American economy and politics. Our dependence on foreign oil is dangerous. We should not be exporting oil to other countries while we are still buying oil from overseas. It makes no sense. Mind you that we should be diversifying our energy portfolio into renewables and lessening our dependence on fossil fuel‘s all together, but definitely, our dependence on foreign oil is a security risk that needs to be mitigated. Keeping our own oil at home (and preferably in the ground) limits the amount of influence other oil producing regions like the Middle East and Russia can have over our economy. Until our system migrates more fully to renewable energy, keeping our fossil fuel’s at home is a necessary middle step to transitioning off fossil fuels while keeping America independent from the controlled proxy manipulation of oil prices.
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Peter's Opinion
···
09/19/2018
I’ve been saying this for years. The only reason we export oil is because of greed. Than we import oil to satisfy the demand. Makes no sense except to those people who worship the money God who preaches greed.
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Leo's Opinion
···
09/19/2018
Energy self-sufficiency is a large factor in national security.
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Argument opposed

It’s bad for both consumers and producers to ban U.S. oil exports: producers need access to international markets when they have too much oil to sell domestically, and consumers need access to international oil, which has different characteristics from U.S. oil.

Roger's Opinion
···
09/19/2018
Do you really want to give this president more power to regulate trade? The guy who thinks the Chinese pay the cost of tariffs we set?
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Esther's Opinion
···
09/19/2018
The president doesn’t need any more authority. He’d really like to be king, I know, but we have a republic of the people, by the people and for the people. Let’s not forget that.
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Radnoq3's Opinion
···
09/19/2018
Let’s pass some bills removing powers from the president first
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bill Progress


  • Not enacted
    The President has not signed this bill
  • The house has not voted
  • The senate has not voted
      senate Committees
      Committee on Banking, Housing, and Urban Affairs
    IntroducedMay 21st, 2018
    Energy security is one of the most under valued security weaknesses of the United States. Manipulating oil prices is one of the ways other countries can disrupt the American economy and politics. Our dependence on foreign oil is dangerous. We should not be exporting oil to other countries while we are still buying oil from overseas. It makes no sense. Mind you that we should be diversifying our energy portfolio into renewables and lessening our dependence on fossil fuel‘s all together, but definitely, our dependence on foreign oil is a security risk that needs to be mitigated. Keeping our own oil at home (and preferably in the ground) limits the amount of influence other oil producing regions like the Middle East and Russia can have over our economy. Until our system migrates more fully to renewable energy, keeping our fossil fuel’s at home is a necessary middle step to transitioning off fossil fuels while keeping America independent from the controlled proxy manipulation of oil prices.
    Like (79)
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    Do you really want to give this president more power to regulate trade? The guy who thinks the Chinese pay the cost of tariffs we set?
    Like (62)
    Follow
    Share
    The president doesn’t need any more authority. He’d really like to be king, I know, but we have a republic of the people, by the people and for the people. Let’s not forget that.
    Like (39)
    Follow
    Share
    I’ve been saying this for years. The only reason we export oil is because of greed. Than we import oil to satisfy the demand. Makes no sense except to those people who worship the money God who preaches greed.
    Like (36)
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    Share
    Let’s pass some bills removing powers from the president first
    Like (30)
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    Energy self-sufficiency is a large factor in national security.
    Like (24)
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    What a stupid idea. Oil companies find oil deposits, drill for it, extract/pump it, and finally sell it creating financial wealth for stockholders. If you can't sell surplus oil to offshore buyers, the oil must be stored or left in the ground. If you leave it in the ground, why drill for it? This proposal is just a sneaky way of closing down ”Big Oil.” This oil revenue is why the most liberal progressive state institutions or government pension plans include a hefty oil portfolio.
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    Rules to ban exports of coal, petroleum products, natural gas, or petrochemical feedstocks. Sounds good on the surface, but the devil in the details. This would be the same as tariffs, but from a different direction. Protect America energy first is right thing to do and I have no problem with that. We as a nation and colonies need energy independents, we as Americans, need to support all energy source and pursue alternative energy! Alternative energy will drive cost down, help energy Independences and create jobs, but jobs and economic, just like tariffs, putting rules on ban exports, jobs will be lost and drive cost on goods up, plus higher deficits. Negotiation is the only way to reduce cost and stability in the world market.
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    I will always oppose anything that gives Emperor Bonespurs any more authority than he already has, or just plain gives himself.
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    Remember we started the fracking boom so as not to be dependent on foreign energy at home. Now apparently that we’re in drill baby drill mode from sea to shining sea we’re not so nationalistic about our resources. 🙄
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    Let the free market ride!
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    Banning oil exports again will lower gas prices and protect America from international price shocks.
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    OMG. We keep building walls around us, barriers against progress. Walls never work. We MUST be the leaders in worldwide economic progression, building a better world.
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    This question is inane and demonstrates a lack of basic understanding of how economies work. Fossil fuels are commodities traded on open markets. Stop that trade and airlines, shipping companies, power companies, and many more businesses will go out of business in a long chain reaction. The world runs on fossil fuels and the open markets that they trade on makes it all possible.
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    We really need to switch to clean renewable energy, but we can do this too.
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    Any oil needs to be kept here so we drill less
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    Sure sounds like a lot of regulation from the reichwingers. Thought trump was against that.
    Like (5)
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    It’s bad for both consumers and producers to ban U.S. oil exports: producers need access to international markets when they have too much oil to sell domestically, and consumers need access to international oil, which has different characteristics from U.S. oil. This question is inane and demonstrates a lack of basic understanding of how economies work. Fossil fuels are commodities traded on open markets. Stop that trade and airlines, shipping companies, power companies, and many more businesses will go out of business in a long chain reaction. The world runs on fossil fuels and the open markets that they trade on makes it all possible.
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    People and companies should be free to engage in commerce and trade. Prohibitions like this are bad for everyone.
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    Having Trump determine how we import/export our oil/gas is a dangerous power for him to have.
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