Attention

The opinions expressed by columnists are their own and do not represent our advertisers

Tuesday, September 23, 2014

This One Policy Switch Could Make Gas Way Cheaper

For nearly 40 years, there’s a been a ban on exporting crude oil from the United States to other nations in the world.

Now, a just-released study from a liberal think tank says lifting the ban could boost the U.S. economy between $600 billion to $1.8 trillion and save motorists up to 12 cents a gallon at the pump.

Researchers for the Energy Security Initiative of the Brookings Institution called the ban “an anachronism that has long outlived its utility and now threatens to impair, rather than protect, U.S. energy, economic, and national security” and cites modeling that predicts broad-based economic benefits that include more jobs, better wages and higher gross domestic product if the ban was ended.

More

6 comments:

Anonymous said...

Corrupt politicians

Anonymous said...

NOT cheap enough. What's 12 cents in the whole picture. Prices have fluctuated that much in the past 2 mos.
However we are for lifting any ban on our exporting our crude.

Anonymous said...

They will just raise fuel taxes 12 cents

Anonymous said...

That's a lie. We export crude every day and night.

Anonymous said...

Maybe we should just refine our own crude oil, keep it for ourselves, and lower the gas prices by $2 or more.

Anonymous said...

2.99 in Virginia