As the Chamber of Commerce releases their energy “policy” today and renews their call to overturn the crude oil export ban, here is what you need to know about the consequences of doing so, and Big Oil’s motivations in advocating for a policy reversal. A report on the crude oil export ban and why it should … Read More
export ban
Report shows U.S. oil producers want to export U.S. crude oil to raise prices
A report released today by Oil Change International exposes the increasing desire of U.S. oil producers to export American crude oil despite only producing around 50% of U.S. demand. The move would enable oil producers to charge American refiners higher international prices for American crude.