Reuters – by TIMOTHY GARDNER AND VALERIE VOLCOVICI
The U.S. Senate Energy Committee on Thursday narrowly passed a bill to lift a 40-year-old ban on the export of crude oil, but the measure faces an uphill battle in getting passed by the full Senate.
The bill to allow the United States to export oil and boost state revenue-sharing for offshore oil and gas drilling passed along party lines by a vote of 12-10. Continue reading “Senate energy panel votes to lift oil export ban”