The US House Energy and Commerce Committee on Thursday approved a bill to lift all restrictions on US crude oil exports by a 31-19 vote. While it could be voted on by the full House later this month, the bill’s path in the Senate remains unclear and it faces opposition from the White House, limiting the likelihood that an export policy change could become law before President Barack Obama leaves office in 2017. On Tuesday, White House spokesman Josh Earnest said the administration “wouldn’t support” the crude export bill because such a policy change should be made by the Department of Commerce. A Commerce spokesman said Wednesday that the agency was not working to change current export policy, which restricts US crude exports with some exceptions. The bill Thursday, H.R. 702, was approved by all committee Republicans, but just three Democrats: Representatives Gene Green of Texas, Tony Cardenas of […]