House passes bill to repeal U.S. oil export ban, veto looms

[jpak]

Source: Reuters

The U.S. House of Representatives passed a bill on Friday to overturn the 40-year-old ban on oil exports, but the measure did not get enough support to overturn any veto by President Barack Obama, and similar legislation in the Senate faces an uphill battle.

<not much more>

Read more: http://www.reuters.com/article/2015/10/09/us-usa-oilexports-house-idUSKCN0S31TG20151009

[dougolat]

1. But it's on the Crony Corporate wish list,

and that's good enough for this House.

[uawchild]

2. Market forces are always right?

Don't forget that the magical invisible hand of the market place is whispering in their ears telling them that all government regulation is bad!

[justhanginon]

4. While they are whispering, I am more worried about their other hand which I fear

is stuffing their pockets with "campaign contributions" courtesy the despicable Citizens United decision.

[november3rd]

3. It's only logical

If you can make money selling cluster bombs to blow up women and children, you should be able to choke the planet to death with deadly fossil fuels. Everybody knows it's killing us, so, what the hell? Sell it!

[TexasBushwhacker]

8. Other countries are going to buy it even if we don't

sell it. Frankly, it makes more sense to me to go ahead and sell on the world market. Prices would be more stable, probably higher for us, but that would encourage more development of cleaner energy. It's hard to get this country to make a commitment to cleaner energy because sometimes oil and natural gas is just so damn cheap.

[Yupster]

13. I don't really get this one either

If we have a surplus of something why wouldn't we want to sell it to someone else.

They're going to buy it from someone. Wouldn't we rather we get the money than the Russians?

[TexasBushwhacker]

14. Not too mention help with the trade imbalance

We're forever talking about how that effects our economy.

[Fred Sanders]

5. The oil barons got what they paid for, at least an attempt to get payback for their donations, open

and secret.

[alfredo]

6. Are US refinery workers unionized?

[ozone82]

7. Yes...

[link:http://www.usw.org/union/mission/industries/oil|

[Martak Sarno]

9. But...

probably not for long.

[alfredo]

11. That's a good way to bust the unions.

[mahina]

10. How do they pass anything at all?

So much suck.

[davidpdx]

12. Even with the Conservadems in the Senate

We should be able to get 41 votes to filibuster it.