ROPECO.org 15 W. 6th Street Suite 2626 Tulsa, OK 74119 You are receiving this information courtesy of Newfield Exploration Company. Your personal information has not been provided to any third party in strict adherence to Newfield Exploration Company’s privacy policy. Oil Prices ($/Bbl) 160 140 120 100 80 60 40 WTI Brent 20 0 WTI vs. Brent Oil Price History: 2005 to Present $140 Billion of Lost Revenue from Differential: 2011-2015 WTI at Slight Premium to Brent U.S. Production Ramp-Up Dec.2015: Export Ban Removed Dec 04 Dec 05 Dec 06 Dec 07 Dec 08 Dec 09 Dec 10 Dec 11 Dec 12 Dec 13 Dec 14 Dec 15 Oil Exports to Boost Royalty Owners as Economy Recovers The first unrestricted U.S. crude oil shipment in 40 years sailed for European refineries on New Year’s Eve.
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Oil Exports to Boost Royalty Owners as · Issa, Darrell (R) 202-225-3906 Johnson, Bill (R) 202-225-5705 Kaine, Tim (D) 202-224-4024 Katko, John (R) 202-225-3701 King, Angus (I) 202-224-5344
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ROPECO.org15 W. 6th Street Suite 2626 Tulsa, OK 74119
You are receiving this information courtesy of Newfield Exploration Company. Your personal
information has not been provided to any third party in strict adherence to Newfield
Exploration Company’s privacy policy.
Oil P
rice
s ($
/Bbl
)
160
140
120
100
80
60
40
WTI
Brent
20
0
WTI vs. Brent Oil Price History: 2005 to Present
$140 Billion of Lost Revenue fromDifferential: 2011-2015
WTI atSlightPremium to Brent
U.S.ProductionRamp-Up
Dec.2015:Export BanRemoved
Dec 04 Dec 05 Dec 06 Dec 07 Dec 08 Dec 09 Dec 10 Dec 11 Dec 12 Dec 13 Dec 14 Dec 15
Oil Exports to Boost Royalty Owners as Economy Recovers
The first unrestricted U.S. crude oil shipment in 40 years sailed for European refineries on New Year’s Eve.
An abbreviated list highlighting some key members who were instrumental in helping lift the ban on crude oil exports is found below. = U.S. Senator
ROYALTY OWNERS are better positioned to benefit when the global economy re-bounds thanks to Congress’ 2015 decision to allow U.S. crude oil exports. With a bipartisan vote, lawmakers re-pealed America’s self-imposed 1975 crude oil export ban and helped set the stage for the next act in the nation’s energy re-naissance. Today, America’s abundant light sweet oil is ready to compete glob-ally against foreign heavy, sour grades of crude oil as U.S. drillers lower the cost of production and prepare to get back to work. Over the past two years, U.S. energy producers, hundreds of thousands of oil-field workers and royalty owners’ bank ac-counts have born the direct cost of global economic stagnation and OPEC’s price war to kill U.S. energy production. Despite continued threats, foreign pow-ers have failed to destroy the U.S. oil and gas industry. We will move together into the next oil price commodity cycle smart-er, tougher and leaner. U.S. and foreign oil now are priced more equitably on the global market. As crude oil supply and demand begin to find a balance, America’s energy innovators will slowly put rigs back in the field. Because our policymakers made a good choice, royalty owners will benefit. Please take time to say “thank you” to these members of Congress who took a tough vote to rid America of an outdated policy that made the nation more dependent on foreign oil.
Thank you SAMPLE SCRIPT:
Hello, my name is ______ and I want to thank the congressman/senator for helping lift the ban on crude oil exports. You helped give U.S. oil a chance to compete against foreign oil on the world market. Please continue to support domestic oil and gas exploration and we private mineral owners who are an important part of the U.S. energy renaissance.