Lifting Crude Oil Ban Means Lower Gasoline Prices
View on Gas and Electricity website"Lifting the ban on crude oil exports will reduce gasoline prices in the United States, according to an analysis co-written by Charles Mason, the H. A. True Chair in Petroleum and Natural Gas Economics at the University of Wyoming. As both houses of Congress have passed a budget bill that lifts the 40-year ban on crude exports that began in reaction to the oil embargo of the 1970s, Mason and other experts analyzed the effects this would have on gasoline prices in a report published by Resources for the Future (RFF)."
