"A House subcommittee will vote Thursday on whether to lift the 40-year-old ban on exporting crude oil.

Lawmakers in the Energy and Commerce Committee’s Subcommittee on Energy and Power will be the first ones to consider legislation by Rep. Joe Barton (R-Texas) to open the United States’s oil market to the world.

The action follows more than a year of hearings, discussion and lobbying on Capitol Hill about whether it’s appropriate to continue restricting exports amid historically high domestic production."

Timothy Cama reports for The Hill September 8, 2015. [2]