Department of Commerce

US Opens Market to Limited Crude Oil Exports to Mexico

The Department of Commerce announced this week that U.S. companies can now export some crude oil to Mexico. There is a vigorous debate in Washington over crude oil export policy. Exxon and other industry groups lobbied to remove the prohibition on exporting crude oil.

Crude Oil Export

Rand: Cut Department of Commerce Budget 100%

Senator Rand Paul (R-KY) said he “would cut every bit” of the Department of Commerce’s budget in an interview broadcast on Tuesday’s “Hannity” on the Fox News Channel. “We either do it [spending cuts] 1% across the board, or maybe