WASHINGTON (Reuters) - Speaker of the U.S. House of Representatives John Boehner told reporters on Wednesday he supports lifting a 40 year-old ban on crude oil exports, a move that could boost support for legislation in his chamber.
Boehner said the ban was created during a time when oil markets were much different than they are now and that lifting the trade restriction could create 1 million jobs. A bill introduced by Representative Joe Barton this year has more than 100 co-sponsors.
(Reporting by Timothy Gardner; Editing by Lisa Lambert)