Environmentalists condemn budget deal that lifts US oil export ban
by David Smith from on (#XXRA)
Republicans in Congress argue that the restriction has been rendered obsolete, but members of Oil Change International call it 'a disaster for the climate'
Environmentalists have condemned a budget deal in Congress to lift a 40-year ban on US crude oil exports as "a disaster for the climate".
Republicans have trumpeted the move as a major victory that will create 1m jobs and add $170bn to annual GDP. They argue that the restriction, imposed in 1975 during chronic oil shortages, has been rendered obsolete by burgeoning US supplies enabled by new drilling methods.
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