Our recent Inform report, What repealing the crude oil export ban means for the US oil industry, examines how a repeal would affect upstream, midstream and downstream sectors in the United States over the near term.
The US Congress has reportedly reached a deal on a bill that would repeal its ban on exporting crude oil. While the effects of such an appeal would be minimal in the immediate future, the potential for increased export volume of US crude could exist if the differential between domestic and international light crude were to widen. Declining US production, however, makes that unlikely in the near term.
To dive deeper into implications of the crude export ban repeal, you can purchase our Inform report on demand.
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