Industry campaign to lift crude export ban confirmed through leaked API documents

November 6, 2013By Lorne StockmanBlog Post, Featured 1 Comment

Today Bloomberg News revealed that the American Petroleum Institute (API) has developed a strategy to challenge America’s crude export regulations using international trade law. Deregulating U.S. crude oil exports would make fracking and the tar sands even more profitable than it already is and enable the industry to go into ever more marginal and extreme reserves to produce more of these extreme oils.