Joe Barton: “I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is…”

“I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: At the end of the bill, add the following: TITLE VII--CHANGING CRUDE OIL MARKET CONDITIONS SEC. 7001. FINDINGS. The Congress finds the following: (1) The United States has enjoyed a renaissance in energy production, establishing the United States as the world's leading oil producer. (2) By authorizing crude oil exports, the Congress can spur domestic energy production, create and preserve jobs, help maintain and strengthen our independent shipping fleet that is essential to national defense, and generate State and Federal revenues. (3) An energy-secure United States that is a net exporter of energy has the potential to transform the security environment around the world, notably in Europe and the Middle East. (4) For our European allies and Israel, the presence of more United States oil in the market will offer more secure supply options, which will strengthen United States strategic alliances and help curtail the use of energy as a political weapon. (5) The 60-ship Maritime Security Fleet is a vital element of our military's strategic sealift and global response capability.…”