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> Actually he decided to lift a ban on Crude Oil exports. The oil from shale and fracking that flooded the markets in the past years. Obama's admin was more te
by thephyber 9y ago
> Actually he decided to lift a ban on Crude Oil exports. The oil from shale and fracking that flooded the markets in the past years.
Obama's admin was more tempered when it came to oil+gas+petrol+coal.
The admin increased exports, but it also restrained oil exploration in US waters (especially after Deepwater Horizon) and didn't open exploration to most of Alaska's National Wildlife Refuge (ANWR) or just rubberstamp the Keystone XL pipeline (ironically the smaller Keystone pipeline had a fairly large spill the same week as the Trump admin approved the Keystone XL).
That's not to say that the Obama Admin was nearly as "anti-oil" as it was portrayed in conservative-biased news. They were remarkably accommodating when the cost-benefit analysis was positive for the country.