BHP Billiton Starts Exporting U.S. Oil – Businessweek

The 40-year ban on oil exports is starting to crack without Congress or the Obama administration lifting a finger. On Tuesday evening, just as election results were starting to come in, Bloomberg News and the Wall Street Journal reported that BHP Billiton BHP, the giant Anglo-Australian mining and energy company, would soon sell oil from Texas to foreign buyers without getting permission from the U.S. government.

via BHP Billiton Starts Exporting U.S. Oil – Businessweek.