Again, only if we produce more domestically then we consume (and net imports are zero). Otherwise, if our wells are pumping at 100% anyway, we're already getting the full benefit.
Naturally there are other economies we could take advantage of if the ban were repealed, as in a case where it might be cheaper to export from the west coast while we import the same amount to the east coast. These kinds of decisions should be left to the market - not the government.
I am talking about not putting restriction towards drilling additional wells and reducing our imports.
If oil companies can sell their oil produced in another country for a higher dollar amount in a foriegn nation, than they can in the US, that is were they will invest there money.
And the end result is more imports into the US and less jobs in the US with the export ban.