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Would Lifting Our Crude Oil Export Ban Be a Win or Loss for Americans?

NEW YORK ( TheStreet) -- A debate is heating up in Washington over whether the 40-year ban on U.S. crude oil exports should be lifted. Sen. Lisa Murkowski (R-Alaska) is sponsoring the Energy Supply and Distribution Act of 2015, which would allow U.S. companies to export oil again.

"This is an opportunity for us to become an energy superpower," she told her fellow lawmakers in a Senate hearing on Tuesday. She also said lifting the ban would enable the U.S. to use its energy resources as a "diplomatic...


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