The Ban on Exporting Crude Oil

Currently, U.S. crude oil producers are prohibited from exporting their products for sale on the world market. Crude produced in the U.S. can only be sold to domestic refiners, although those refiners may sell their refined products, like gasoline, around the world. This restriction places domestic crude oil in a very small group of commodities barred from accessing the free market. The only others are horses for slaughter and western red cedar – that’s it. Learn more...