Banning US oil exports would be a 'gift to OPEC and Putin,' Big Oil CEO says

For weeks, Democrats have been calling for Biden to go even further than releasing strategic oil reserves by banning US oil companies from shipping oil overseas. Despite pressure from lawmakers in his party, Biden has so far refrained from taking the more extreme step of banning oil exports. A spokesperson from the White House declined to comment.

and Putin," the API CEO said, referring to Russian President Vladimir Putin.'Oil shock across the world'Last month, nearly a dozen Congressional Democrats urged Biden to address high gas prices by exploring an export ban. "A ban on US crude oil exports will boost domestic supply and put downward pressure on prices for American families," the lawmakers wrote in a letter to Biden.

's power was waning. Soon it may have more sway than ever"This would lead to an oil shock across the world," Sommers said.Pressure on the White House to ban oil exports has gone down because oil prices have plunged.After flirting with $85 a barrel in mid-November, US oil prices recently dropped below $65 a barrel. The selloff began in anticipation of the coordinated release of strategic reserves by the United States, China and other nations.

Well I had a dream that Lady Catherine who lives across the pond and is not in the USA Congress said I am your enemy. Well Maria take time to learn the whole story before talking and as dipolmats use dipolacy. God bless inn Jesus Christ name. Amen.

Lol 😂 that's funny .

Ha. He lost America energy independence!

As they should be. The Clean Air Act was signed in 1963,the writing's been on the wall for two generations.

US Oil, Opec Putin can all suck it. 3 Million barrels a day right here in the good ole USA should stay right here in the good old USA. American drivers need that oil, NOT foreigners on foreign shores. It's OUR oil, the American peoples oil. and it should stay here!

The use of fossil fuel is bad. China produces 10.06 metric tons of CO2 while we produce 5.41 metric tons of CO2. We can yell and scream all we want this needs to stop. We are the 2nd largest user of coal with China being number 1. We need to get our own house in order first.

'I did that' -Joe Biden

California can’t even provide electricity

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