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U.S. House to debate oil export ban in December

Nov. 26, 2014 3:00 AM ETUCO, USO, OIL-OLD, DBO, TWTI, USL, DTO, OLO-OLD, SCO, DNO, BNO, CRUD, UWTI, DWTI, SZOXF, OILBy: Yoel Minkoff, SA News Editor3 Comments
  • The House subcommittee on energy and power, chaired by Representative Ed Whitfield, will hold a hearing on Dec. 11 over whether Washington should lift its nearly 40-year crude oil export ban.
  • "We need to take a comprehensive look at where we came from, where we are today, and where we want to go from here," said Whitfield.
  • The debate will come into sharper focus in January, when Republicans take over leadership of both the House and Senate.
  • ETFs: USO, OIL, UCO, SCO, BNO, DTO, DBO, CRUD, UWTI, USL, DWTI, DNO, SZO, OLO, OLEM, TWTI

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