Democrats and Republicans May Join to Lift Oil Export Ban

Democrats and Republicans are talking with a goal to lift the longtime ban on U.S. exports in exchange for clean energy legislation and other tax breaks. “The four-decade-old ban has become a crucial bargaining chip during budget talks ahead of a Friday deadline to avoid a government shutdown.” Democrats are asking for a host of tax credits, including for clean energy. Recent statistics on job losses due to the oil price has made “some Democrats more open to an exports deal that once seemed unthinkable.” Senate Majority Leader, Republican Mitch McConnell has long pushed for lifting the export ban.