CRAMER: STATEMENT ON FIRST EVER EXPORT OF BAKKEN OIL TO ASIA
WASHINGTON, D.C. - Congressman Kevin Cramer issued the following statement on news this week that Bakken oil has been exported to Asia for the first time.
"We've known Bakken crude oil is a highly sought after product tapped under commonsense state regulations and hardworking North Dakotans, but some have known its value could be extended even further while benefiting American producers and consumers alike. With increased shipment capabilities to market and ending the antiquated crude oil export ban at the end of 2015, the value of Bakken oil continues to increase – bringing with it greater wealth at home and more influence throughout the world. I congratulate our North Dakota producers on this news and I will continue to work on advancing policy to make North Dakota and America more competitive in the marketplace."
Read more about the news story here.