Lifting the obsolete, ‘70s-era ban on crude exports could generate up to 300,000 additional U.S. jobs, cut our trade deficit by $22 billion, and save American consumers up to an average $5.8 billion per year on gasoline, heating oil and diesel fuel.
True - but then, the ban on crude exports was obsolete before it was even enacted. All that ever did was guarantee that we couldn't export to Japan and import oil to make up for it from elsewhere. Preventing the optimization of shipping routes.