HS AXPC.. Pest xia EN US Oil & Gas Associatio aa E ary 20,2015 onorble Us Murowat Chatman Senate Energy & Natura Resources Comite 304 Drksen Senate Office Bulding Washington, 0¢ 20510, Dear aman Murkousk -Asrepresenatives of America’s ol producers, the undersigned strongly urge you tooppose the nde Seat Mathey intends offer wo the Reytane pipeline il wien wOUId Bante exPOr TOM the US of Canadian ol ransported through the Keystone pipeline or any refined products derived rom that Canadian i ‘America's producers look forward to working withthe Congress to achieve the enormous range of publi policy beneisatanabe though eliminating the obsolete 1870s era prohibition onthe export of rude a Recent stcis bythe US Energy Information Adminstration, the Government Accountability fice andthe ‘Congresional Budget Office, canclued that allowing exports of US i will maintain and reste hundreds of ‘thousands of jobs all ass the nation, enfant increase GP, improve our nations trade balance of payments, increas federal 2x ad ryaty revenues and pace downward pressure onthe pice of refines petroeum products such as gasoline. diverse range of eaing economic ana hve agreed with ard confirmed these ‘conclusions. US all exports also would create enormous oppertnity for much needed evra for Amero ational security, international ade and geo-political mates While rected at Canadian ol his amendments advised fom a broader pole perspective and wouls set. very bad precedent with regard to the presting need to repeal the crret ban on exper of US. Indeed, the Markeyamendment would even consttutea retrenchment fam cutrent aw hat allows both the exor from ‘the US of foreign olasiong as its not commingled wth US cand the export of petroleum product fined inthe US. Asis widely known, the US is areay he largest tematonal exporter of various refined petroleum products and chemi, which substantally supports USjobs anda more favorable balance of trade forthe US. The Markey amencment represents an untimely abandonment of Ameri: enviable rection of leaders in iteration ‘wade which has produced employment and economic prosper fo millon of Americans. We urge the Senate to reject Markey amendment No. 13 when i olered for contderation onthe for. Respect, Barry Russell George Baker Louis Fike President and CEO, xectve eto, Executive Vee President, Independent Petroleum Producers for American American Peteseum nstute ‘Assocation of America, (rade Ot Exports Albert Modano V. Bruce Thompson President, President, USO Gas Assocation -eriean Exploration & Production Counc