Currently, the raw crude oil can be sent through a simple splitter, separating lights and heavies without either being a finished product, and those split feeds can be (and are) exported already.”
Yes. That’s my understanding as well.
And your point that the export ban is a boon for refineries with better lobbyists is well taken. Lifting the ban is not about crony capitalism; putting it in place is actually the crony capitalism.
Correct