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U.S. Considers Lifting Crude Oil Export Ban

The Wall Street Journal
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May 13, 2014 AT 10:42 AM
The U.S. is considering relaxing regulations that ban the export of crude oil as domestic production grows and the quality of some of the crude produced in the country isn't suitable for refining locally, U.S. Energy Secretary Ernest Moniz said. Liam Denning joins MoneyBeat. Photo: Getty Images.