The Nation : Export U.S. Oil, Bush Says
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Vice President George Bush suggested that the United States begin exporting Alaskan oil as a means of reducing the foreign trade deficit. Speaking at a Republican Party fund-raising dinner in Anchorage, Bush called the current ban on selling domestic oil “dead wrong,” and voiced support for a proposal to sell Japan 200,000 barrels of Alaskan oil daily. He said this alone would cut $2 billion a year from the current imbalance in trade.
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