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Aug 07, 2014
US Crude Oil Export Decision – Download Report
US unconventionals crude supplies have increased to the point where exports are being considered. Lifting export restrictions on US crude oil would lower gasoline prices and reduce US petroleum imports while supporting up to 964,000 additional US jobs.
Lifting the 1970s-era restrictions on US crude oil exports would lead to further increases in domestic oil production, resulting in lower gasoline prices while supporting nearly 1 million additional jobs at the peak. Doing away with exports restrictions would also generate added benefits to US household income, gross domestic product (GDP) and government revenues. Learn the details from this free report.
Download the special report IHS US Crude Oil Exports Decision. Learn about the IHS Special Dataset and Presentation.
This article was published by S&P Global Commodity Insights and not by S&P Global Ratings, which is a separately managed division of S&P Global.
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