Skip Navigation

Close and don't show again.

Your browser is out of date.

You may not get the full experience here on National Journal.

Please upgrade your browser to any of the following supported browsers:

What's Next for Oil Exports? What's Next for Oil Exports?

This ad will end in seconds
Close X

Want access to this content? Learn More »

Forget Your Password?

Don't have an account? Register »

Reveal Navigation


What's Next for Oil Exports?


(Mario Tama/Getty Images)

Last week, reports surfaced that the Commerce Department has signed off on exports of an ultralight form of minimally processed crude oil. The move sparked speculation within the energy industry that the change in policy could signal a broader shift in U.S. crude-oil exports, which have been subject to a ban dating back to the 1970s Arab oil embargo.

On Wednesday, White House press secretary Josh Earnest responded to the speculation by saying that the reclassification does not signal a new era of exports. And energy analysts are divided over whether the Commerce Department's decision will leave export policy relatively untouched or open the door to major changes in existing law down the line.


What's the significance of the latest crude-export news? Has the Obama administration taken a major step toward lifting or at least loosening the decades-old crude-export ban? Will the move provide political cover for the administration to continue to encourage further exports without fanfare? Or are substantial policy changes unlikely? How does this stand to affect energy markets at home and abroad? What are the benefits, and what are the risks?

Don't Miss Today's Top Stories

Exactly what I need as a busy college student."

Samantha, Student

Sign up form for the newsletter

From the Energy Insiders

comments powered by Disqus