Ryan Lance, the CEO of oil and gas exploration and production company ConocoPhillips, last week told policy makers that US crude oil production is nearing surplus and the country should lift its crude oil export ban.
The comments came during a briefing at the Center for Strategic and International Studies (CSIS) where Mr Lance said exporting crude oil would allow the US sustain the job creation and economic stimulation powered by the US energy renaissance, while putting downward pressure on consumer fuel prices and improving global energy security. He pointed out…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
