Dumb and Dumber: U.S. Crude Oil Export
Exporting crude oil and natural gas from the United States are among the dumbest energy ideas of all time.
oil exports
Oil Price Slide – No Good Way Out
The world is in a dangerous place now. A large share of oil sellers need the revenue from oil sales.
Perverse outcomes: Lifting U.S. oil export ban would mean greater dependence on foreign oil
There is a case regarding market efficiency for overturning America’s oil export ban, but this is NOT the one the industry is using in its public relations campaign. That’s because increased efficiency in the world oil market would actually make the country’s oil supply more vulnerable to events abroad.