Drivers could save 8 cents a gallon if export ban lifted
Fuel Fix:
Ending ban on oil exports would mean cheaper gasoline, energy executive says
...The anti energy left opposes lifting the ban because they like having higher fuel prices on the belief that it encourages conservation and keeps more oil in the ground.
Lifting the ban would allow the world’s refineries “to be able to make more gasoline and diesel because it would allow more efficient allocation of crude oil around the world,” she said.
In addition, “we’d get a lot more jobs if we allow crude exports — roughly an additional 1 million jobs” for the years 2016 to 2030, according to the IHS study, Currie said.
U.S. geopolitical standing also would improve, she said, “and it would probably smooth out some volatility we see in crude prices.”
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