You believe on the demand side of the economic curves works but the supply curve is just a fantasy?
Keeping the ban is eventually going to lead to a drop in US production and higher prices.
Why is it okay to run crude oil through a simple distillation column and export the gas-oil output that isn’t suitable transportation fuel, but is not okay to export the crude?
It makes sense for the US to continue to import the cheaper heavy sour oil our refineries have been upgraded to run on while exporting the surplus expensive light sweet oil to others.
We are paying double what we did before obama and the corrupt democrats came along. That is not coincidence. Until they are gone the price will remain high just as obama stated he would for coal. He might as well have added gas and home heating oil. In California it is artificially kept high.
In Los Angeles county it is several cents below the 18 cents per kw hour that much of California residents are being charged. It went up during the Gov Davis years and kept there as a payoff. One of many reasons he was recalled. Arnold Schwarzenegger who came after him was useless in bringing the price down as he wanted to pay off the huge deficit using the extra money made from the taxes on the bigger bills - deficit never came down but spending went up..
The power companies used the money to pay off their equipment years earlier then they could and the state gets higher taxes as they get a % of the power bill. The power companies are happy and the government is happy and the residents are broke.
The democrats want higher prices and exporting oil is not the answer, getting rid of democrats is. Prices will then come down and the oil companies can then export.