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Under Obama US Becomes A Net Oil Exporter VS A Net Oil Importer: http://tinyurl.com/odsr49y Sponsored By:
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A Tanker of Texas Oil Heading to South Korea In The First Unrestricted Sale of Unrefined American Oil Since 1970s Embargo

How that $40 million shipment avoided the nearly four-decade ban on exporting U.S. crude is a tale involving two determined energy companies, loophole-seeking lawyers, and an unprecedented boom in American drilling that could create a glut of ultralight oil.

The Singapore-flagged BW Zambesi is the first of many ships likely to carry U.S. oil abroad under a new interpretation of the federal law that bars most sales of American oil overseas. Analysts say future exports appear wide open: as much as 800,000 barrels a day come from just one of the many U.S. oil fields pumping light oil.

Meanwhile Republicans File Frivolous Lawsuits

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