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Marriage of Convenience? Environmentalists And Oil Refineries Unite To Block Oil Exports

TheDC

Environmentalists are teaming up with oil refineries to oppose lifting the oil export ban, in the ultimate political marriage of convenience.

“Exporting American crude would risk the closure of a number of the 140 U.S. oil refineries, leaving thousands of American workers jobless. Refinery jobs are good paying jobs, and support over $1.8 million in value-added per employee. Lifting the ban would not only cost jobs, but it would also hurt the communities that rely on the tax base generated from these wages,” according to an article by The Sierra Club.

Progressive blog ThinkProgress worried that “American oil refineries are expected to take a hit” if the oil export ban is lifted. The article even claims that “domestic refineries need the export ban to stay competitive.”

Actual economists say that exporting oil will provide a huge annual boost to the U.S. economy by $38 billion and reduce the trade deficit by $22 billion. It will also add 300,000 new jobs by 2020.

Posted by The Daily Caller

1 Comment on "Marriage of Convenience? Environmentalists And Oil Refineries Unite To Block Oil Exports"

  1. The Sierra club does not care about oil industry jobs whether it’s refiners or drillers or producers. They are lieing for there cause again.

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