News Israel today

latest news from Israel in english

The U.S. Congress approved the lifting of the ban on the supply of crude oil

The US Congress decided to lift the embargo on the import of crude oil, which was in force during the last forty years, said on Wednesday, December 16, edition of the Wall Street Journal, citing the statement of the speaker of the house of representatives Republican Paul Ryan.

The Democrats have not officially confirmed the fact of concluding this agreement, which must be approved by the house of representatives and the Senate and then signed by President Barack Obama.

The democratic party expects the final text of the bills, to declare whether they agreed with them, informed the Bloomberg Agency the assistant to one of the leaders of the party.

More than a dozen independent oil companies including Continental Resources and ConocoPhillips, almost two years had lobbied for the lifting of the embargo, insisting that oil exports will help eliminate market distortions, stimulates the U.S. economy by increasing activity in the extraction and transportation of oil and even strengthen national security, the newspaper «Vedomosti».




The U.S. Congress approved the lifting of the ban on the supply of crude oil 16.12.2015

Поделиться в соц. сетях

Опубликовать в Google Buzz
Опубликовать в Google Plus
Опубликовать в LiveJournal
Опубликовать в Мой Мир
Опубликовать в Одноклассники
Latest news from Israel in english © 2010-2015
38 queries