Oil glut stirs debate over US crude exports

Posted by Houston Chronicle: Jennifer A. Dlouhy on January 6th, 2014
Houston Chronicle: As a new year dawns in the nation`s capital, the Obama administration and Congress find themselves grappling with a scenario that was unthinkable just a few years ago: What to do with the domestic oil flowing out of West Texas, North Dakota and other states? The climb in domestic crude production has created a dilemma for both lawmakers and the White House, who are facing new pressure from oil companies to relax the nation`s 38-year-old ban on exports of the unprocessed product. The current......

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