On June 9th, Senator Murkowski (R-AK), Chairman of the Senate Energy Committee, released a report entitled “Rendering Vital Assistance: Allowing Oil Shipments to U.S. Allies” that provides background on the decades old ban and outlines the benefits lifting the export ban would have on our nation and regulation to permit exceptions to export crude oil to our allies, the most efficient solution is to repeal the outdated law.
The report can be found here.