Looks like giving domestic US oil producers access to world markets would add to the glut of oil already on the world market, especially since Iranian oil will now be openly traded as well, further depressing the price and tending to drive the frackers out of the market...................
You think Iran should be allowed to export oil but not Texas and other states?
We need to be on equal footing or other nations will receive more investment for oil production.
Having more opportunities to sell will not hurt the US oil industry.