Oil Producers Face Skeptical Congress in Drive to End Export Ban
Even the Senate’s top advocate for the idea hasn’t proposed legislation.
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Coming into this year, it seemed that the time was right to overturn a ban on exporting U.S. crude oil: Republicans controlled Congress, production was nearing an all-time high and gasoline was falling toward $2 a gallon.
Despite a lobbying push by drillers, and steep job losses in the oil fields, there’s been no significant effort in Congress to lift the 40-year-old ban. Even the Senate’s top advocate for the idea hasn’t proposed legislation.