Amidst Lower Oil Prices, Negative Economic Impacts of U.S. Crude Oil Export Ban All the More Stark, IHS Study Finds

WASHINGTON--(BUSINESS WIRE)--The ban on U.S. crude oil exports is exacerbating the challenges of lower oil prices for U.S. tight oil production, creating a “doubly chilling effect” on additional investment, jobs and oil production that would actually lower gasoline prices if the ban were lifted. Those are among the findings of a new study by IHS Inc. (NYSE: IHS), the leading global source of critical information and insight.

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