However, repealing the export ban on domestic crude is a tall order.
I do not agree. It would mean more jobs and investment in the US on that alone.
Exxon CEO says lifting crude export ban would create U.S. jobs
http://www.reuters.com/article/2014/10/02/exxon-ceo-exports-idUSL2N0RX21120141002
The Exxon-Mobil CEO Is Right Here; The Crude Oil Export Ban Should End
http://www.forbes.com/sites/timworstall/2014/10/05/the-exxon-mobil-ceo-is-right-here-the-crude-oil-export-ban-should-end/
Texas congressman introduces bill to end export ban
http://fuelfix.com/blog/2014/12/09/texas-congressman-introduces-bill-to-end-export-ban/
“In response to the GAO’s recommendation, the Energy Department said a broader, long-range review of the Strategic Petroleum Reserve is needed, rather than a study focused only on the size of the emergency stockpile.”
http://fuelfix.com/blog/2014/10/23/senator-time-to-rethink-our-emergency-oil-stockpile/
Of course it would mean more jobs but any number of three letter Fed Govt Agencies will stop at nothing to stonewall any attempt to repeal the ban on domestic crude exports. That’s why I say a veto-proof, strong bi-partisan bill to repeal must be crafted to pass the Senate and shove_it up 0bama’s youknowwhat.