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House OKs lifting 40-year-old US ban on oil exports
Associated Press ^ | Oct 9, 2015 1:38 PM EDT | Matthew Daly

Posted on 10/09/2015 11:26:48 AM PDT by Olog-hai

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To: Olog-hai
"Lifting the export ban would lower prices at the pump, create jobs and boost the economy, said House Speaker John Boehner, R-Ohio."

I support lifting the ban, but I also believe nothing that comes out of that lying scumbags mouth.

21 posted on 10/09/2015 12:02:38 PM PDT by The_Republic_Of_Maine (politicians beware, a terminally ill US Marine is the most dangerous thing on earth.)
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To: Olog-hai

“Lifting the export ban would lower prices at the pump”

How would exporting oil,thus making it more scarce, lower prices at the pump?


22 posted on 10/09/2015 12:06:39 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: catnipman

Because if you can ship Bakken crude from Noonan North Dakota to a refinery in Saskatoon (325 miles) instead of shipping it to a refinery in Oklahoma City (1,175 miles), you have reduced costs and increased safety.


23 posted on 10/09/2015 12:16:38 PM PDT by mvpel
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To: mvpel

Bingo!


24 posted on 10/09/2015 12:21:38 PM PDT by sparklite2 (Eagles fan after loss to Dallas -- This is the first time I ever saw the "prevent offense".)
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To: catnipman
“Lifting the export ban would lower prices at the pump” How would exporting oil,thus making it more scarce, lower prices at the pump?

Volume. If an oil company has to pump more crude to meet its export contracts, crude also becomes cheaper for domestic use.

25 posted on 10/09/2015 1:15:50 PM PDT by backwoods-engineer (AMERICA IS DONE! When can we start over?)
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To: rwh
Refineries are converting to be able to refine more light sweet crude, but the process takes time.

Gee the right thing to do takes a little time and cost a little more up front. So your solution is to short circuit that process for short term gain. F that.

26 posted on 10/09/2015 5:31:03 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Yogafist

I just don’t understand it. They performed so much better when they had no majorities. Now they are so fearful of losing power that they wont use the power they have to push the agenda they claimed they supported. Then they do have the will to fight their own base in favor of outright corporatism? There is indeed something rotten not just in the leadership but in a huge part of the GOP conference.


27 posted on 10/09/2015 6:57:24 PM PDT by Maelstorm (America wasn't founded with the battle cry give me Liberty or cut me a government check!".)
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To: Maelstorm

I think they have taken that old adage, Never interfere with an enemy when he is in the process of destroying himself, to a ridiculous level. They didn’t win in 2014. I have read it was the lowest voter turnout in 70 years, but the people that turned out were angry at Democrats. They know Obama continues to rule against the will of the people, so they are happy to keep their heads down, and let the Democrats reap what they have sown. This strategy has some validity, but I think they have reached the point where hiding their heads in the sand is viewed with the same disdain as ruling against the people. Problem is, they are still of the mind they should just keep their heads down.


28 posted on 10/09/2015 8:05:31 PM PDT by Yogafist
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To: central_va

Ah. I see you’ve made up your mind on the subject. You should do some research and lose your ignorance.


29 posted on 10/10/2015 11:47:59 AM PDT by rwh
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To: txrefugee

Republican Gerald Ford not Jimmy signed the ban into law.


30 posted on 10/10/2015 12:02:41 PM PDT by jpsb (Believe nothing until it has been officially denied)
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To: central_va
" said House Speaker John Boehner, R-Ohio"

If Boehner said it you know it's not true.

31 posted on 10/10/2015 12:04:16 PM PDT by jpsb (Believe nothing until it has been officially denied)
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