An antiquated oil export ban

August 17, 2015

As part of the new nuclear agreement, the Iranian energy industry will be allowed to export its oil.

If only America was so lucky.

Astonishingly, America is the only major crude oil country in the world with a self-imposed ban on exportation — a restriction that has been in place for more than 40 years. This outdated policy needlessly impedes production, distorts prices and kills jobs. It’s time for Congress to kill it.


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