Otmane El Rhazi : Effects of removing U.S. crude export restrictions depend on price, resource assumptions

Otmane El Rhazi from Today in Energy.

A new study by the U.S. Energy Information Administration (EIA) on the potential implications of allowing more crude oil exports finds that effects on domestic crude oil production are key to determining the other effects of a policy change. Gasoline prices would be either unchanged or slightly reduced. Trade in crude oil and petroleum products would also be affected.