Home Markets Biden Faces Pleas for Oil Export Ban That Would Upend Markets

Biden Faces Pleas for Oil Export Ban That Would Upend Markets

4

It was only six years ago that Congress lifted a 40-year-old ban on U.S. oil exports, reshaping global crude flows, shifting geopolitical power and disrupting entire economies. The U.S. has emerged as the world’s largest oil producer and its crude has reached more than 50 countries, with shipments often surpassing those of any OPEC nation aside from Saudi Arabia.

Click here for full article…www.washingtonpost.com