THE EXPORT BAN ON U.S. CRUDE OIL HAS BEEN LIFTED:
WHAT’S NEXT?
The alternatives open to the
country are basically exporting some of its increased production or to apply
this new production to minimize and, eventually, to eliminate import
requirements. It would seem that U.S. exports of crude oil, at this moment in
time, will be more beneficial in almost all respects to the overall U.S.
economy and national interest than trying to replace oil imports with the new
domestic production.
By Gustavo Coronel | March 9, 2016
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