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Effect Of Removing Crude Export Restrictions Depends On Price And Resource Assumptions

2015-09-04 16:14:32| oilandgasonline Home Page

The recent rise in domestic crude oil production from 5.6 million barrels per day (b/d) in 2009 to 8.7 million b/d in 2014 and the prospect of continued supply growth have sparked interest in the question of how the relaxation or removal of current policies, which restrict but do not ban exports of crude oil produced in the United States, might affect markets for both crude oil and petroleum products over the next decade.

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Category:Energy and Environment

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