Industry Adds to Push for Oil Exports
Thursday, April 3, 2014
Posted by: Ben Gonzalez
The reasons are twofold. The first is simple: allowing exports would drive-up demand for American oil, therefore raising prices. The second is slightly more complicated: The oil that the U.S. is producing is what’s known as light, sweet crude. But American refineries along the Gulf Coast, where most of the oil is being transported, were outfitted to treat heavy crude.
http://www.usnews.com/news/articles/2014/04/02/industry-steps-up-calls-for-oil-exports
|
|
Print Page
Email to a Friend
