A U.S. House leader said a bill passed in favor of oil exports rejects a global landscape favoring North America, but support wasn’t enough to override a veto. By a vote of 249-174, the House of Representatives passed the North American Energy Security and Infrastructure Act, which, among other things, would reverse the moratorium placed on domestic crude oil exports in the 1970s. Thanks in part to the shale oil boom, U.S. aggregate production is rivaling top producer Saudi Arabia. Supporters of the measure argued U.S. energy policy needs to reflect that momentum . “America is now the world’s top oil and natural gas producer, and updating our policies for […]