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A domestic Bonanza has some lawmakers rethinking 40 years of policy against selling American crude overseas
In the pre-Christmas doldrums last December, the House Subcommittee on Energy and Power gathered in its wood-paneled chambers for an unusual hearing. On the agenda: whether the U.S. should lift its long-standing ban on most crude-oil exports.
Even a few years ago, the suggestion would have been dismissed out of hand. …