for Crude Oil Exports
The OPEC commission would examine whether the cartel’s behavior is designed to disadvantage U.S. oil producers and secure market power through anti-competitive behavior.
Even though the United States imports more oil now than when the crude oil export ban was put in place, experts and lawmakers largely agree the time has come to lift the restriction.
Increased domestic oil supply has bolstered American geopolitical clout, according to new research from Platts.
Kleinman: There’s no market rationale for U.S. crude exports, now that the Atlantic basin is glutted with supply and the differential between U.S. and global oil prices has narrowed.
There’s been a twist in the narrative of falling US oil production. US crude output continues to defy expectations, with the latest government data showing that output actually rebounded in July.
Jeb Bush has rolled out a domestic energy policy focused on cutting regulations and enabling exports of U.S. crude oil and natural gas.
Even as the Blue Dog Democrats get on board, the odds that Congress will reverse the ban on crude oil exports remain slim in the hyper-partisan campaign season.
Presidential candidates for 2016 have talked immigration, taxes, jobs, social issues, and foreign policy, but critical energy issues have not been on anyone’s radar.
The Fuse takes on the top five oil market uncertainties—rampant volatility, U.S. production, Saudi Arabia's strategy, Chinese demand growth, and the U.S. crude oil export debate.
The Obama administration is continuing to carve out a middle ground when it comes to energy policy—satisfying neither environmentalists nor the energy industry in the process.