With U.S. oil reserves predicted to surpass that of giants like Saudi Arabia, a nearly 40-year ban on the selling of domestic oil abroad is being reexamined by congressional and business leaders, according to various reports Wednesday. Top Republican on the Senate Energy Committee Sen. Lisa Murkowski said in a speech at the Brookings Institution
Debate Rages Over Exporting American Oil
Is the U.S. ready to lift its own ban on exporting oil to foreign nations? Even Republican members of Congress are calling for an end to the law.