5 Myths About the Crude Export Oil Ban
In October the U.S. House of Representatives passed H.R. 702 to lift the 40-year-old ban on U.S. crude oil exports. While the Senate may do the same, President Obama has threatened to veto the bill. Opponents of lifting the ban have come up with multiple reasons for keeping the status quo—all of which are based on dubious logic or faulty economic analysis
I addressed the issue in a recent column in IndustryWeek.