U.S. Congress and President Obama Give Oil Producers and Shippers a Big Christmas Present But More Global Warming and Sea Level Rise for World’s Children and Future Generations
Congress passed a $1.1 trillion spending measure last week and President Obama signed it, averting a U.S. government shutdown. However, legislation also ends a 40-year-old ban on crude oil exports, paving the way for more global warming and sea level rise as thirsty travelers are predicted to burn increasing amounts of gasoline, jet fuel, diesel oil and other petroleum products this Christmas holiday and beyond.
The Senate passed the bill 65-33 on Friday, shortly after a 316-113 House vote. Obama signed the bill the day he left for a vacation in Hawaii.
The end of the 40-year ban on most U.S. crude oil exports is a “big win,” according to House Speaker Paul Ryan, and it’s a top priority for Republicans. Democrats call it a giveaway to oil companies, and in exchange they negotiated extensions of environmental measures including solar and wind energy tax credits.