The Push to Repeal the Crude Export Ban Shows Shale Companies Are Getting Desperate

Oil producers and their friends in Washington are lobbying hard to lift restrictions on the export of crude oil. Two weeks ago, the House voted in favor of a bill introduced by Representative Joe Barton to eliminate restrictions on exporting crude oil and amend the Energy Policy and Conservation Act of 1975, which was put in place following the oil embargo that had caused price shocks and long gas-station lines just a few years before.

http://prospect.org/article/push-repeal-crude-export-ban-shows-shale-companies-are-getting-desperate