miércoles, 9 de marzo de 2016

Ban on U.S. Crude oil exports has been lifted: What next?



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