Ending the U.S. Oil Export Ban Is an Empty Gesture

The push in Congress to repeal the 40-year-old law won't affect consumption.

Pumping away.

Photographer: Mark Ralston/AFP/GettyImages

Both the House and Senate are considering measures that would lift a ban on the export of U.S. crude oil that has been in place since 1975, the height of the Arab oil embargo.

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