At the 25 minute mark, he discusses the 2015 omnibus bill whereby the President can stop oil exports - and possibly refined petroleum products. Here is an explanation:We are being so fucking stupid about the energy long game right now, it almost makes me weep.
Maybe this Iran thing and $200/barrel oil will knock some sense into the electorate.
The President retains the power to restrict exports of crude oil through the imposition of sanctions under the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) or regulations issued under that Act (other than section 754.2 of the Export Administration Regulations), the National Emergencies Act (50 U.S.C. 1601 et seq.), part B of title II of the Energy Policy and Conservation Act (42 U.S.C. 6271 et seq.), the Trading With the Enemy Act (50 U.S.C. App. 1 et seq.), or any other provision of law that imposes sanctions on a foreign person or foreign government, including foreign governments designated as state sponsors of terrorism.
In addition, the law gives the President temporary authority to impose export licensing requirements or restrictions for one year if:
and here is the electricity price difference between Europe which went all in on wind and solar and the US which is blessed with abundant natural gas.
