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September 3, 2015
|1 min read
U.S. Crude Oil Exports Get a Boost
Although there have been numerous recent studies on the potential economic impact of U.S. crude oil exports, it was not until recently that the U.S. Government issued its own study directly on those effects. On September 1, the Energy Information Administration (EIA) issued “Effects of Removing Restrictions on U.S. Crude Oil Exports,” which concluded (with a number of caveats and assumptions) that removal of remaining U.S. crude oil export restrictions would either leave U.S. gasoline prices unchanged or slightly reduced.
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MaritimeFedWatch features updates and discussions on current maritime legal issues and developments. The blog covers environmental regulation and crimes, piracy, the Jones Act, U.S. Coast Guard initiatives, U.S. Congressional enactments, and many other topics of interest to the U.S.-flag industry and the world wide maritime industry’s interaction with the United States.
