Posts Tagged ‘export’

Will Obama Lift The Ban On Exporting Crude Oil?

Sunday, November 2nd, 2014

With the US producing close to 70% more crude oil than it did just 6 years ago, it makes sense for the Obama administration to look into lifting the ban on the exportation of crude oil.

The ban, implemented in 1975, does not reflect the current capacity of the United States to produce crude oil. Aside from the … Read More...

Removing Export Barriers For U.S. Crude Oil

Thursday, October 23rd, 2014

This report shows by removing export barriers for U.S. crude oil this could lead to higher domestic production, create more jobs, lower the trade deficit, and put downward pressure on gasoline prices.

America is the world’s largest producer of natural gas and projected leader in oil which could allow free trade in energy which will mean more jobs.… Read More...