Changing markets: Economic opportunities from lifting the U.S. ban on crude oil exports

Changing markets: Economic opportunities from lifting the U.S. ban on crude oil exports / Charles K. Ebinger and Heather Greenley, Planet Policy, Brookings Institution, 9/09/2014

http://www.brookings.edu/blogs/planetpolicy/posts/2014/09/09-us-crude-oil-exports-ebinger-greenley

With the skyrocketing growth of unconventional oil and natural gas production in the U.S., an intense debate on the impact of energy exports on U.S. consumers, the nation’s energy and economic security and foreign policy has become a major topic of interest. Throughout its history, the United States has attempted to ensure energy security by regulating the price of oil, controlling the imports of oil and restricting the exports of oil. In each case, powerful market forces, the rise and fall of demand or discontinuities between U.S. and international prices have overwhelmed the policy of the day…


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