From: Morning Consult
To: Scott Jenkins,
Subject: Morning Consult Energy Sunday Edition: As Industry Pushes for Exports, Voters Fear Price Increases
Date: Sun Aug 03 18:00:14 MDT 2014
Body:

 

 

As Industry Pushes for Exports, Voters Fear Price Increases

 

By Emily Holden (@emilyhholden)

 

For more than four decades, federal law has prohibited U.S. energy companies from selling unrefined American crude oil abroad without a special license. But that policy is under scrutiny since the Commerce Department approved two applications to export a type of light oil called condensate. A $40 million shipment of oil from Texas departed for South Korea last week, the result of a campaign fueled by “determined energy companies, loophole-seeking lawyers, and an unprecedented boom in American drilling that could create a glut of ultralight oil,” the Wall Street Journal reported

 

Most of that effort has been behind-the-scenes, but major oil companies have also increased their public calls for an export policy change in recent months. With midterm elections approaching, they may be facing an uphill battle on that front, according to Morning Consult polling data. Although domestic oil production has increased 48 percent since the end of 2011, likely voters worry about the impact that expanding energy exports could have on their wallets.

 

More than half of those polled—55 percent—think more oil or natural gas exports could raise prices in the U.S. Still, 28 percent have no opinion on the matter. Far fewer—17 percent—disagree that exports might increase their electric bills or gasoline prices. But at the same time, 55 percent of likely voters favor expanding oil exports, according to a separate poll from July. READ THE FULL STORY AND SEE THE CHARTS.

 

 

 

 

Morning Consult Top Reads: July 27 - August 1

The Top Ten Links You Clicked This Week

 

1) Interactive Map: Carbon Q&As with 15 State Regulators

from Morning Consult by Emily Holden

 

2) Energy Regulators Say EPA's Climate Rule Poses Grid Challenges

from Wall Street Journal by Amy Harder

 

3) The State Scramble Over Carbon Emissions

from Morning Consult by Emily Holden

 

4) Energy and Power Subcommittee leaders under congressional ethics investigations

from SNL by Corbin Hiar

 

5) How not to shut down coal plants

from Washington Post by Lydia DePillis 

 

6) Coal Miners Clash With Ski Operators Over EPA’s Coal Rule

from Bloomberg by Jennifer Oldham and Mark Drajem

 

7) Climate Battle Plan Shifts to Bottom Line

from National Journal by Ben Geman

 

8) Document: Improvements Needed in EPA Efforts to Address Methane Emissions From Natural Gas Distribution Pipelines

from EPA Inspector General 

 

9) EPA plan gives no credit for Southern states' strides, utility regulators say in Atlanta

from E&E by Kristi E. Swartz

 

10) U.S. Oil Exports Ready to Sail

from Wall Street Journal by Christian Berthelsen and Lynn Cook 

 

 

Mark Your Calendars (All Times Eastern): August 4 - August 8

 

Monday: Quarterly Earnings- Marathon Oil CorpPioneer Natural Resources Co

Tuesday: Center for Strategic and International Studies discussion on solar energy @ 10 am 

Tuesday: United States Energy Association forum on scrubbing carbon from atmosphere @ 2 pm 

Tuesday: Energy Department webinar on national energy literacy @ 3 pm 

Tuesday: Quarterly Earnings- Oasis Petroleum Inc, First Solar Inc, Northern Tier Energy LP

Wednesday: Quarterly Earnings- CenterPoint Energy Inc, Energy Transfer Partners, EP Energy Corp, Devon Energy Corp 

Thursday: Quarterly Earnings- Consolidated Edison Inc, Chesapeake Utilities Corp, NRG Energy, Atlas Energy LP 

Friday: Quarterly Earnings- PDC Energy