House Committee Clears Major Hurdle to Repeal Crude-Oil Ban
The bill is expected to easily pass the Republican-led House, however it faces a much stronger challenge after that. President Barack Obama has refused to lend his support to the bill, stating that oil-export decisions are made by the executive-controlled Department of Commerce, and that the Department can decide on its own to lift the ban. Still, the president has loosened restrictions in recent months, allowing Shell to drill in a new area off of the Alaska coast and allowing additional oil trade to Mexico. The bill may not reach Obama’s desk anyway, as key Senate Democrats are poised to prevent it from being brought to a vote in that chamber.










