House Speaker Paul Ryan traded exporting oil for importing Syrians in the trillion dollar omnibus bill.
Ryan appeared on the Michael Medved show to tout what he called his major victory, lifting the ban on oil exports.
“If you take a look at what’s in this bill, at what this bill actually does, it has a permanent lift—a permanent removal—of the ban on petroleum exports, on crude oil exports” Ryan said.
That’s something we’ve been trying to do for 40 years in this country. Think of what we get by removing the ban. And the Obama administration, on oil exports—when America can export its oil, that means we can compete with OPEC.
The oil ban came at a price for conservatives though. House Minority Leader Nancy Pelosi said that the oil provision allowed Democrats to add a number of liberal issues to the omnibus bill, including the U.S. refugee program.