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Womack Votes to Lift Crude Export Ban

Statement

Date: Oct. 9, 2015
Location: Washington, DC
Issues: Oil and Gas Trade

Congressman Steve Womack (AR-3) today released the following statement after supporting House passage of H.R. 702, a bill to adapt to changing crude oil market conditions and lift the crude oil export ban:

"Since I was elected to Congress, I have supported an all-of-the-above approach to our nation's energy policy; the passage of this important legislation continues that record with the repeal of an outdated and economically-stifling ban. This isn't partisan rhetoric -- in fact, the respected, non-partisan Congressional Budget Office has estimated that enacting H.R. 702 will return $1.4 billion of economic benefit to the American people. Lower prices for Arkansans, the creation of thousands of jobs, and millions in economic benefits nationwide -- I am proud to not only support these goals, but also cosponsor the lift of the crude oil export ban."


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