Congress Agrees to Lift Oil Export Ban Under US Spending Bill

In a dramatic turn of events last week, Democrats and Republicans in Congress reached a compromise on the federal government omnibus spending bill that lifts the 40-year ban on U.S. crude oil exports and gives clean energy companies an extension on tax credits set to expire this year and next.
President Barack Obama signed the bill on Dec. 18.
Members of the oil industry and politicians in oil s...

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Oilman Jan-Feb 2018

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