[Congressional Record Volume 161, Number 183 (Wednesday, December 16, 2015)]
[Senate]
[Page S8715]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
OIL AND GAS EXPORTS
Mr. INHOFE. Mr. President, I couldn't help overhearing my friend from
Massachusetts talking about something really good that is going to
happen; that is, we are going to lift the caps off our exports on oil
and gas.
I just can't understand why we ever had caps on exports. It seems
like this administration is perfectly willing not just to approve of
but to encourage countries like Iran and Russia to export their oil and
help them and yet preclude us from doing the same thing. Right now one
of the problems we have with Russia is they have a hand up on us
because there are so many countries over there dependent on them for
their ability to have energy. It is just pretty amazing that is going
on.
So I am really glad. Hopefully, this will go through. I know in my
State of Oklahoma it has cost literally hundreds of jobs in just three
companies because they could no longer afford to drill here.
That is a big issue. I remember I was invited to Lithuania back when
the President of Lithuania wanted to dedicate and open their first
terminal so that they would be able to import gas and oil, some of that
being from us. Everyone there was so joyous of the fact that they were
not going to have to rely on Russia any longer, that they could rely
more on us. We do have friends out there whom we want to be able to
take care of.
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