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To: kabar

The ban was a special interest rule.

Now they will be treated like other industries.


8 posted on 12/17/2015 7:30:18 AM PST by thackney (life is fragile, handle with prayer)
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To: thackney
The ban was a special interest rule.

The ban was meant to control a strategic commodity. It is why we have the SPR. Of course, at the time, we imported almost 50% of our oil.

The real question is how economically viable it will be given the current glut of oil. OPEC has in the past increased production to put US domestic oil production out of business.

9 posted on 12/17/2015 7:40:38 AM PST by kabar
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