Rising oil output in the US has already begun to alter the traditional price relationship between US and international crudes, and continued production growth could lead to a domestic glut of certain grades, adding to pressure to lift restrictions on crude exports. The stunning turnaround in the US’ oil fortunes has made plenty of headlines,… Keep reading →
Natural gas production gains spurred by the unconventional revolution upended long-held beliefs about resource scarcity in the US, leading to calls for exports. And the rise in US unconventional crude production has led to similar calls for exporting oil. “Federal lawmakers should overturn the ban on exporting crude oil produced in the United States,” said Blake… Keep reading →
