White House Disses Oil-Export Legislation

The announcement arrives as Capitol Hill Republicans are ramping up efforts to end 1970s-era crude-oil export restrictions.

WATFORD CITY, ND - JULY 30: Pumpjacks are seen in an aerial view in the early morning hours of July 30, 2013 near Watford City, North Dakota. North Dakota has seen a boom in oil production thanks to new drilling techniques including horizontal drilling and hydraulic fracturing. 
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