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As Oil Glut Moves, Debate Ignites Over Exporting U.S. Crude

2014-04-15 09:52:00| Climate Ark Climate Change & Global Warming Newsfeed

National Public Radio: The United States has never exported much crude oil. We use so much of the stuff that weve always needed to import it from other countries. But even if we wanted to ship it away, there are laws that ban most all overseas crude exports. Now, as domestic drilling continues to surge, some are calling for the repeal of those laws. To understand why, it helps to remember the 'Cushing Glut.` If you pay attention to the oil business, you might remember the glut. It`s a bottleneck of crude oil much...

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