Insight for Industry – U.S. Crude Oil Export Restrictions Cause Refining Mismatch and Light Oil Price Discount
The dramatic increase in domestic oil production over the past decade – facilitated by drilling technology improvements – has rekindled the crude oil export debate. Allowing crude oil exports would provide an additional market for light crude derived from unconventional resources. This would increase their value, given the currently limited ability of domestic refineries to process light crude.
Read the full article at Breaking Energy.