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Ships bringing oil drilling equipment to Alaska pass through Seattle's Elliott Bay. Sen. Lisa Murkowski, Alaska Republican and the presumed next chairwoman of the Senate Committee on Energy and Natural Resources, has been the leading proponent in Congress for ending the ban on the sale of U.S. oil to foreign buyers. Ms. Murkowski argues that a sea change in the way oil and gas prices are determined in global markets has made the ban — a relic of the 1970s fuel scarcity — something that is increasingly harming the outlook for the nation's booming shale oil industry. (Associated Press)
Photo by: Donna Gordon Blankinship
Ships bringing oil drilling equipment to Alaska pass through Seattle's Elliott Bay. Sen. Lisa Murkowski, Alaska Republican and the presumed next chairwoman of the Senate Committee on Energy and Natural Resources, has been the leading proponent in Congress for ending the ban on the sale of U.S. oil to foreign buyers. Ms. Murkowski argues that a sea change in the way oil and gas prices are determined in global markets has made the ban — a relic of the 1970s fuel scarcity — something that is increasingly harming the outlook for the nation's booming shale oil industry. (Associated Press)

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