Many Republicans and a few Democrats are whooping it up
because part of the deal-making for the recent $1.1 trillion spending/tax
package was tossing out the 40-year-old ban on U. S. exports of crude oil.
Let’s dig into this one.
This move to open the gates for American companies to export
oil doesn’t help America. It doesn’t improve our energy independence. This
isn’t a bold step to mitigate ongoing global climate change.
It’s good for the companies that own crude in America. Now
they’re going to get a chance to sell it overseas where they can get a better
price for it.
Joe and Jane America aren’t getting any piece of that
action.
That’s it, folks.
End of story.
Copyright ©
Richard Carl Subber 2015 All rights reserved.
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