This is one of the most significant national security issues Congress will face in a generation.
Richard Shelby
The Public Record
Richard Shelby is a former United States Senator from Alabama, serving from January 3, 1987, until January 3, 2021. A member of the Republican Party, Shelby was known for his work on various committees, including Appropriations and Banking, Housing, and Urban Affairs. Throughout his tenure, he focused on issues such as military funding, economic development, and infrastructure improvements in Alabama.
I do not trust Iran, and I was struck today--my jaw dropped--when Under Secretary Sherman effectively admitted that we will not have physical access to all military sites.
Oil exports is an opportunity--this is another particular, Mr. Chairman, to become an energy superpower.
Today I find it strange that the United States is the only advanced country that bans crude oil exports.
The deal that the Administration has presented us concerning Iran's nuclear program will entail the lifting of sanctions against Iranian oil.
Both of these bills lift the ban on oil exports while at the same time preserving the energy authority of the President.
The export ban on crude oil was from the very beginning a deeply perverse policy implemented in a futile attempt to mitigate the perverse effects of other Government policies.
Lifting the ban would also send a very powerful signal of the United States' commitment to free trade and open markets.
Lifting the ban on U.S. exports of crude oil could give us a real boost in terms of our national security.
I called for 2014 to be the year of the report, and, boy, did they do the reports.
The proposal in the bill under consideration would inject a degree of intellectual rigor into the SIFI designation process that is currently lacking.





