[immadashell]

Another round of the bamster's war on sanity.

I have a suggestion -- stop trying to have government in every conceivable nook and cranny of economic activity. The only thing government has been good at is consistently and regularly proving the Law of Unintended Consequences.

[odawg]

Obama thinks it may give his Muslim buddies competition.

[Alberta's Child]

Obama's stance here shouldn't be seen in purely partisan terms. The ban on crude oil exports has been in place since the 1970s, which means it has lived through numerous administrations -- including much of the second Bush administration when the GOP controlled both the House and Senate.

I'm usually a free-market advocate, but there's one compelling reason to keep this oil export ban in place. To me, it makes no sense to allow U.S. producers to sell a natural resource on the open market when the U.S. government is buying that same resource to supply a Strategic Petroleum Reserve. If crude oil is considered a strategic national resource, then it surely can't be expected to be treated the same way as any other commodity.