House moves one step closer to lifting ban on crude oil exports

[saturnsring]

The House Energy and Commerce Committee took a major step Thursday toward allowing crude oil exports from the United States.

Three Democrats joined all of the Republicans on Thurday in voting for a bill that would lift the decades-old ban on exports. The tally was 31-19.

The vote sends the legislation to the full House for final passage, something that Majority Leader Kevin McCarthy (R-Calif.) said would happen in the coming weeks.
Republicans said the bill would benefit the economy, jobs, national security and other areas, while most Democrats decried it as a giveaway to oil companies that would threaten energy prices.

“America wins when we support free trade and open markets, and this bill would lift the 40-year-old restrictions on oil exports that President Ford signed into law in 1975. Much has changed since 1975 when these restrictions were imposed but the dramatic growth in domestic oil output over the last decade has flipped the script,” said Rep. Fred Upton (R-Mich.), the committee’s chairman.

http://thehill.com/policy/energy-environment/254033-house-committee-passes-crude-oil-export-bill


that headline should be congress colludes with big oil to drive up gas prices

[upaloopa]

1. How does America win? They drill here.

Screw up our environment and send the oil over seas and we pay to clean up the mess.
The only good thing is that they will add to the world oil glut. Most likely they will lose money doing it.
They are laying off oil rig workers here in the Santa Barbara Channel.
Another thing to be concerned about is that oil will be shipped by rail to a port or rail yard near you.

[valerief]

2. America = the PTB. They are all that matter. We're just human resources and human refuse

to them.

[spanone]

3. america doesn't win unless you buy into the republican bullshit