Category Archives: U.S. Crude Oil

Senate Could Have Votes To Lift Ban On Oil Exports

Senator John Hoeven R-N.D., while speaking at a National Journal forum Tuesday morning stated, he thinks his entire caucus and at least seven Democrats would approve a standalone bill repealing the 1970's era ban on exporting crude oil. He also said, it's unlikely such a measure would come in a standalone bill, but if it happened, the repeal would make it through the upper chamber, according to the Washington Examiner. "At the end of the day, what we're talking about is making sure our industry gets a level playing field, gets a fair shot. Isn't that what America is all about Read more