THE USA CAN NOW EXPORT CRUDE OIL TO THE REST OF THE WORLD AFTER 40 YEARS OF BEING BANNED BY LAW WITH THE HOUSE LAWMAKERS PASSAGE 261 YEA TO 159 NAY ON HR 702–WITH 6 REPUBLICANS VOTE AGAINST AND WITH 153 DEMOCRATS - ONLY 26 DEMOCRATS VOTED FOR THE LIFTING EXPORT BAN

The House on Friday approved a bill to lift the federal prohibition on crude oil exports. 

Lawmakers voted 261-159 to end the 40-year-old crude oil export ban, arguing that the measure is necessary to help prop up the American oil industry by allowing its product to hit the world market.

Lifting the ban, supporters argued, will increase the global supply of oil and lead to lower gasoline prices for American consumers. 

“This bill is a market-based bill: willing-buyer, willing-seller,” Rep. Joe Barton (R-Texas) said during floor debate on Friday.

“U.S. oil can go anywhere in the world if we allow it to. That is an economic asset, it is a military, strategic asset.”

Members approved a handful of amendments to the bill, including one noting the role that cutting oil consumption plays in reducing greenhouse gas emissions and another calling for a study on the role expanded exports will have on worldwide emissions. 

http://thehill.com/policy/energy-environment/256513-house-votes-to-end-ban-on-oil-exports

 

HR 702 ROLL CALL

REPUBLICANS VOTING NAY:
Fitzpatrick
Jones
LoBiondo
Meehan
Rice (SC)
Smith (NJ)

http://clerk.house.gov/evs/2015/roll549.xml