Jeb Bush to back oil exports in energy plan

Source: Jennifer Yachnin, E&E reporter • Posted: Wednesday, September 30, 2015

Former Florida Gov. Jeb Bush today will call for ending the ban on U.S. oil exports as well as easing restrictions on natural gas exports when he unveils his energy policy proposals at an event near Pittsburgh.

Bush, who is vying for the GOP presidential primary nod, is set to speak at Canonsburg, Pa.-based Rice Energy Inc. this afternoon and will publish an essay on the website Medium about his plans.

“Lifting the ban on crude oil exports and liberalizing natural gas exports would create hundreds of thousands of additional jobs and significantly lower net energy costs,” Bush wrote in a preview of his plan provided to the Associated Press.

In addition to backing export measures, Bush will reiterate his support for constructing the Keystone XL pipeline and his opposition to a series of Obama administration environmental regulations.

Bush last week announced a series of regulatory reforms he would back if elected to the White House, including the rejection of the Clean Power Plan, which aims to reduce greenhouse gas emissions from existing power plants; the coal ash rule, which addresses the disposal of coal combustion waste; and the Waters of the U.S. rule, which aimed to clarify which waters fall under the protection of the Clean Water Act (E&ENews PM, Sept. 22).

Bush also is expected to repeat his vow to focus on increasing domestic energy production in his efforts to expand the economy if elected to the White House (Greenwire, April 8).

“More domestic energy leads to more jobs, higher wages, lower gas prices and smaller electricity bills,” Bush said in the preview. “In short, it means more money in people’s pockets, allowing them more freedom to make more choices for themselves and their children.”