Australian energy giant BHP Billiton said the United States could send a strong message to allies and markets alike with a repeal of the ban on oil exports. Republican leaders in the U.S. House and Senate have moved legislation meant to end the ban placed on U.S. crude oil exports after Arab members of the Organization of Petroleum Exporting Countries in the 1970s blocked their exports to the United States in response to Washington’s support for Israel. Addressing the U.S. Chamber of Commerce in Washington, BHP Chief Executive Officer Andrew Mackenzie said a larger U.S. presence on the global energy market could have significant consequences . “The United States would send a strong signal with the repeal of […]