Crude Oil ( ) Brent Crude ( ) Natural Gas ( ) S&P 500 ( ) PHLX Oil ( )

Cruz says he wants to “unleash American jobs and opportunity by harnessing our nation’s energy resources”

Presidential Candidates on Energy - Texas Senator Ted Cruz

Texas Senator Ted Cruz

Texas Senator Ted Cruz posted a detailed list of his energy policy stances on his U.S. Senate website in Feb. 2014. They are as follows:

Prevent the Federal Government from Undermining the American Energy Renaissance and the Jobs It Creates (1-5)

1) Prevent Federal Regulation of Hydraulic Fracturing. Leave regulation of hydraulic fracturing in state hands;

2) Improve Domestic Refining Capacity. Streamline the permitting process for upgrading and building new refineries; Repeal the Renewable Fuel Standard;

3) Improve Process to Develop Energy Infrastructure. Approve and allow private sector to build the Keystone pipeline; remove barriers to developing and approving additional national pipelines and cross-border energy infrastructure;

4) Stop EPA Overreach and the War on Coal. Exclude greenhouse gases from regulation by EPA and other federal agencies; stop certain EPA regulations that will adversely impact coal and electric power plants;

5) Force Congress and the President to Vote on EPA Regulations that Kill Jobs. Require both Congress and the President to approve any EPA regulation that has a negative job impact; support passage of the REINS Act, separate piece of legislation not included in this bill, which would require congressional approval of all major rules and regulations.

Expand Energy Development So More Private Sector Jobs Can Be Created (6-9)

6) Broaden Energy Development on Federal Land. Increase energy development on federal land; provide states the option of leasing, permitting and regulating energy resources on federal lands within their borders; or

If states do not wish to manage energy development on federal lands within their borders, the federal leasing, permitting and regulating will be reformed to increase energy development by:

Streamlining permitting for development on federal lands

Improving certainty in the leasing and development process

Expanding development of energy on federal lands

Expand energy development in National Petroleum Reserve in Alaska

Expand energy development on Indian lands

Open up the Coastal Plain of Alaska (ANWR) for development

7) Open Offshore Exploration. Expand the offshore areas of the Outer Continental Shelf available for development; streamline the permitting process for additional offshore exploration

8) Expand U.S. Energy Exports. Expand LNG exports by facilitating permits; end the crude oil export ban; prevent excessively broad environmental review of coal export terminals

9) Dedicate Additional Revenues to a Trust Fund for Debt Reduction. Direct all additional revenues generated by exploration and drilling on federal lands (excluding the share allocated to the states) exclusively to national debt reduction—“Debt Freedom Fund.”

Other presidential candidates’ energy policies may be viewed here as they are posted.

Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to its completeness or accuracy. EnerCom’s conclusions are based upon information gathered from sources deemed to be reliable. This note is not intended as an offer or solicitation for the purchase or sale of any security or financial instrument of any company mentioned in this note. This note was prepared for general circulation and does not provide investment recommendations specific to individual investors. All readers of the note must make their own investment decisions based upon their specific investment objectives and financial situation utilizing their own financial advisors as they deem necessary. Investors should consider a company’s entire financial and operational structure in making any investment decisions. Past performance of any company discussed in this note should not be taken as an indication or guarantee of future results. EnerCom is a multi-disciplined management consulting services firm that regularly intends to seek business, or currently may be undertaking business, with companies covered on Oil & Gas 360®, and thereby seeks to receive compensation from these companies for its services. In addition, EnerCom, or its principals or employees, may have an economic interest in any of these companies. As a result, readers of EnerCom’s Oil & Gas 360® should be aware that the firm may have a conflict of interest that could affect the objectivity of this note. EnerCom, or its principals or employees, may have an economic interest in any of the companies covered in this report or on Oil & Gas 360®. As a result, readers of EnerCom’s reports or Oil & Gas 360® should be aware that the firm may have a conflict of interest that could affect the objectivity of this report.