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Effects of Removing Restrictions on U.S. Crude Oil Exports ›

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Posted September 2, 2015Today in Energy

Effect of removing U.S. crude export restrictions depends on price and resource assumption ›

A new study by the U.S. Energy Information Administration (EIA) on the potential implications of allowing more crude oil exports finds that effects on domestic crude oil production are key to determining the other effects of a policy change. Gasoline prices would be either unchanged or slightly reduced. Trade in crude oil and petroleum products would also be affected. More


Source: U.S. Energy Information Administration, Effects of Removing Restrictions on U.S. Crude Oil Exports

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Data Highlights

WTI crude oil futures price

9/1/2015: $45.41/bbl

up$6.10 from week earlier
down$50.55 from year earlier

Natural gas futures price

9/1/2015: $2.702/mmBtu

up$0.017 from week earlier
down$1.363 from year earlier

Retail gasoline price

8/31/2015: $2.510/gal

down$0.127 from week earlier
down$0.949 from year earlier

Retail diesel price

8/31/2015: $2.514/gal

down$0.047 from week earlier
down$1.300 from year earlier

Weekly coal production

8/22/2015: 18.455 million tons

up0.160 million tons from week earlier
down1.314 million tons from year earlier

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