"Oil Plunge Sparks Calls For Congress To Act"

"As the price of oil plunges to its lowest point in 12 years — and threatens to drag the broader U.S. economy down with it — lawmakers say Congress should consider helping teetering energy companies with policy fixes beyond the decision to lift the oil-export ban.

Senate Energy and Natural Resources Committee Chairwoman Lisa Murkowski (R-Alaska) and House Energy and Commerce Chairman Fred Upton (R-Mich.) will meet next week to discuss an energy package expected to move in both chambers later this year.

Among the proposals under discussion: Expediting the process for exporting liquefied natural gas, and upgrading infrastructure to move energy to market more quickly and cheaply."

Alexander Bolton reports for The Hill January 10, 2016.

Source: The Hill, 01/11/2016