U.S. weighing options on 1970s oil export ban
Washington (UPI) May 19, 2013 - The White House is reviewing its policy options regarding legislation enacted in 1975 that restricts U.S. crude oil exports, a presidential assistant said. Crude oil exports are restricted because of a law enacted in response to an oil embargo from Arab members of the Organization of Petroleum Exporting Countries. Dan Utech, an energy adviser to the White House, told the Platts energy n ... more

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