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Lisa Murkowski

Report says ending ban wouldn't hurt consumers at pump

Ending the four-decades old restrictions on crude oil exports wouldn't hurt consumers at the gasoline pump, and may even help them, a new government report said Tuesday. The finding is providing ammunition to lawmakers seeking to pass legislation this year to end the restrictions. A Senate panel passed such a measure before Congress adjourned for its August recess. House Republicans are expected to take up the issue this fall. The crude oil export ban includes some exceptions and was put into place as the nation responded to an oil embargo by members of the Organization of Arab Petroleum Exporting Countries, which sparked long lines at gas stations and high inflation in the 1970s. The...