Tag: US Oil Export Ban
Lifting of US crude export ban helps keep down oil prices: Expert
US crude export ban lift has changed dynamics of global oil industry WASHINGTON _ Oil prices have remained low despite heightened tensions between two of the world’s big oil-producing countries, Iran and Saudi Arabia, and a new law allowing U.S. crude exports helps explain why, the oil industry’s top lobbyist said Tuesday. Jack Gerard, president and CEO […]
Crude export ban lifted as part of tax and spending package
Crude export ban lift a long-sought Republican goal WASHINGTON _ Congressional leaders and the White House have reached agreement on a massive year-end tax and spending package, House Speaker Paul Ryan told Republican lawmakers late Tuesday, urging support for the legislation that delivers wins for his party but also includes many Democratic priorities. The package […]
Bush’s link between lifting oil export ban, lower gas prices questioned by economists
If elected, Jeb Bush would eliminate oil export ban DES MOINES, Iowa – The link between ending a 40-year oil export ban and lower prices at the gas pump is not as direct as Republican presidential candidate Jeb Bush would have voters believe in his new energy proposal, industry economists said Tuesday. Still, Bush’s overall premise that […]
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