Lifting Export Restrictions on U.S. Crude Oil Would Lower Gasoline Prices and Reduce U.S. Petroleum Imports While Supporting Up to 964,000 Additional Jobs, IHS Study Finds

Dateline City:
WASHINGTON

Resulting increase in domestic crude production would also boost U.S. household disposable income, gross domestic product and government revenues

WASHINGTON--(BUSINESS WIRE)--Lifting the 1970’s-era restrictions on U.S. crude oil exports would lead to further increases in domestic oil production, resulting in lower gasoline prices while supporting nearly 1 million additional jobs at the peak, according to a comprehensive new study by IHS (NYSE: IHS), the leading global source of critical information and insight

Language:
English
Contact:

IHS Inc.
Jeff Marn, +1 202-463-8213
Jeff.marn@ihs.com
or
Press Team
+1 303-305-8021
press@ihs.com

Ticker Slug:
Ticker:
IHS
Exchange:
NYSE

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