WashingtonTimes: In the latest move undercutting the longstanding ban on exporting U.S. crude oil, the Obama administration has approved a proposal that would trade American lighter sweet crude for heavier crude supplies from Mexico.
The license applications approved by the Commerce Department stop short of a direct sale of U.S. oil to a foreign buyer, but would allow for the exchange of similar amounts of U.S. and Mexican crude, under a deal first reported by the Reuters news agency. Mexico’s state-run Pemex oil company had asked for the right to acquire 100,000 barrels of American lighter, higher-quality crude oil from shale a day as its own production levels have fallen.
Although the department turned down other swap applications from Asia and Europe, the move is the latest weakening of the blanket ban on the export of U.S. crude oil first imposed at the height of the OPEC oil embargo in 1975. more
When I see that picture, I always expect his tongue to flick out and nab that little sucker, like in that tee-vee show “V.”
0bama is like a fly. He eats shit and bothers people.
We shouldn’t give them any oil but should instead take their oil as a limited partial payment for supporting all of their cruds for all of these years!
Why doesn’t that duffo from Colorado send Hussein some of his drinking water from the polluted river? It’s Obummers EPA that polluted the river how could he turn down a drink or two?
no, Obama is like a turd; he attracts flies and bothers people….
Shame we can’t put illegals in a big press and send the squeezings back to Mexico….