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Congress Approves Export of US Crude Oil

On December 18, President Obama signed into law HR 2029, the Consolidated Appropriations Act of 2016, the so-called Omnibus Appropriations bill. This $1.15 trillion measure funded the Federal Government through FY 2016. Included in this seemingly unrelated Omnibus package were provisions that ended the 40-year prohibition on the export of … Read more »

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