Senators Hoeven & Heitkamp Co-Sponsor Bill to Lift Ban on U.S. Crude Oil Exports | INFORUM

It’s against the law to export oil produced in the U.S. to other countries, and the ban has been in place since 1975. Senators Hoeven and Heightkamp have co-sponsored a bill that would lift the ban and allow American producers to compete in the international market.

Commentary: Considering the changes that have taken place in the oil industry in the last 10 years, this change is long past due.

Here’s a recap of sources on the story:

• Read the Fargo Forum’s coverage here.
• Read Senator Hoeven’s News Release Here.
• Read Senator Heitkamp’s News Release Here.