by Nicolas Loris
The Heritage Foundation
May 21, 2014
Backgrounder
Dramatic increases in domestic oil production over the past several years have produced tremendous economic benefits for Americans. The federal government, however, has constrained those benefits by significantly limiting the ability to export crude oil. Heritage Foundation energy policy expert Nicolas Loris explains how removing the ban on crude oil exports would create more opportunities for Americans, increase employment and economic growth, and augment the overall efficiency of global oil markets.



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