Tag: Oil Ban

Bill to lift US crude oil export ban approved despite White House opposition

US crude oil export ban began in the 70’s WASHINGTON – Defying a White House veto threat, the Republican-controlled House on Friday approved a bill to lift a 40-year-old U.S. ban on crude oil exports. The House approved the bill on a 261-159 vote. Supporters said an ongoing boom in oil and gas drilling has made the […]