Effort To Allow US Oil Exports Sparks Debate
- By Jim Randle
Proposed legislation to end a decades-long ban on exporting most U.S.-produced crude oil is sparking sharp debate in Washington and the energy industry. One oil company chief says the outdated rules hurt his company and keep the U.S. economy vulnerable to foreign oil producers. But ban supporters say ending it would boost consumer energy prices and hurt the environment. As VOA’s Jim Randle reports, one bill to end the ban has been introduced in the House, another is expected in the Senate.